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Swampscott 01907
84 Aspen Rd
$387,000
● House - Off Market

84 Aspen Rd

Swampscott, MA 01907
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,487 Ft²
$671,898
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Get yourself front row seating to the Shaw Estate of July Horribles Parade!  Enjoy the action from the large, covered front porch at this much sought after Forest Ave area Dutch Colonial with peaks of the water.  3 Bedrooms & 1.5 baths.  Beautiful lot!  One car garage and pretty back yard.  The house needs updating but what a great investment you will make!  Newer windows, Weil McLain 2 zone heating. There is an outbuilding on the property--nice for a studio, work space.  Come see the possibilities!
Unit Size
1,487 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$260
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71866359)

Price History

Date / Event Date Event Price
Aug 28, 2015 Sold
Premium
Sold
Jun 30, 2015 Listed by RE/MAX Advantage Real Estate $387,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 869
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Total Building Area: 1,487
  • Gross Building Area: 3,753
  • Building Area: 1,487
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,487
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A-2

Geography

  • Parcel: SWAM M:0020 B:0232 L:0
  • Block: 232
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4694
  • Longitude: -70.905

    Address

  • Full Address: 84 Aspen Rd
  • Address - House Number: 84
  • Address - Street Name: Aspen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C013
  • 4-Digit Zip Code: 2222
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,800

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 718,945
  • High Value: 841,835
  • Low Value: 596,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $646,300
  • Assessed Land Value: $342,200
  • Assessed Improvements Value: $304,100

    Sales

  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 795
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2979 ft²

Average Home Age

98.4 years

Currently For Sale

47 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71866359

Frequently Asked Questions

When was property at 84 Aspen Road built and last sold?
The property at 84 Aspen Road was built in 1925 and last sold on Jan 1, 1970 for $387,000.
How much is this home worth?
The estimated value of the home located at 84 Aspen Road is $408,473.
What are some comparable homes to 84 Aspen Road?
There are currently no comparable homes to 84 Aspen Road.
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