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Swampscott 01907
97 Shelton Rd
$555,000
● House - Off Market

97 Shelton Rd

Swampscott, MA 01907
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,541 Ft²
$801,185
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Welcome home, move right into this 2+ Bedroom, 2.5 bath, ranch style home! First floor features open floor plan with charming, eat-in kitchen, spacious dining room, fireplaced living room, two bedrooms, master bath and 2nd full bath. Easy living, all on one floor...walk out to the beautifully landscaped, fenced yard and enjoy privacy.Take a swim in the heated pool, then strike up a fire in the stone fire pit! Relax with a book in the screened in porch off the dining room.Lower level is amazing! You will be struck  by the openness of the oversized family room (large enough for a pool table!) plus two additional, separate rooms with possibilities galore: office, gym equipment, video room, you decide! Laundry,half bath,lots of storage, are in the basement as well.Brand new water heater,4 year old roof.
Unit Size
1,541 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$369
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1949

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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: 5 months ago (MLSPIN #72578237)

Price History

Date / Event Date Event Price
Feb 4, 2020 Sold
Premium
Sold
Oct 10, 2019 Listed by Sagan Harborside Sotheby's International Realty $569,000
Listed by Sagan Harborside Sotheby's International Realty
Aug 6, 1999 Sold
Premium
Sold
Mar 30, 1999 Listed by Sagan Harborside Sotheby's International Realty $249,900
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,445
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,193
  • Total Building Area: 1,541
  • Gross Building Area: 3,397
  • Building Area: 1,541
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,541
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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:0025 B:0111 L:0
  • Block: 111
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4676
  • Longitude: -70.8951

    Address

  • Full Address: 97 Shelton Rd
  • Address - House Number: 97
  • Address - Street Name: Shelton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C011
  • 4-Digit Zip Code: 2844
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $933,700

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 817,590
  • High Value: 957,341
  • Low Value: 677,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,300
  • Assessed Land Value: $372,400
  • Assessed Improvements Value: $422,900

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 609766
  • Previous Sale Recording Date: Aug 06, 1999
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 48
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

$442

Below Asking

0.02%

Average Days on Market

59

Average Home Size

3016 ft²

Average Home Age

84.6 years

Currently For Sale

46 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72578237

Frequently Asked Questions

When was property at 97 Shelton Road built and last sold?
The property at 97 Shelton Road was built in 1949 and last sold on Feb 4, 2020 for $555,000.
How much is this home worth?
The estimated value of the home located at 97 Shelton Road is $562,604.
What are some comparable homes to 97 Shelton Road?
There are currently no comparable homes to 97 Shelton Road.
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