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68 Rockland St, Swampscott MA 01907

$625,000

Estimated $1,654/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $312,500

Total Rent: 0/year

Estimated CAP Rate:

2 Bedrooms

Baths

1886

Total Parking: 0

4,487 (0.10)

**OPEN HOUSES CANCELLED** Stop, turn and look at the view. These don't come along often. Stunning unobstructed ocean view from roughly 1000 feet north of Nahant Bay, this legal 2 family sits on 4500sqft of prime land walking distance to the water, a short drive to all local amenities, school and train. This legal 2 family needs complete reimagining to make best use of it's ideal location, expansive lot and incredible southern exposure. Levels 1 and 2 exist currently as 1 bedroom, 1 bath apartments with an additional finished area in the walk-out basement plumbed for kitchen/ bath with 1 bedroom. Renovation possibilities include two stunning rental units, a single family on 3 levels or explore the possibility of raising the roof for an additional level to match the rest of the neighborhood and build your dream roof deck. Sold as-is, accompanied showings only. Will not qualify for FHA or VA financing. One heat, h/w, electric and central air service for the house.

This home has been viewed 25 times

Last Checked: May 8th, 2024 at 1:26am (Source: MLS PIN #73195191)

Gross Income: $0

Gross Expenses: $7,682

Net Income Calc: $7,682

Water Views

Annual Expenses for 68 Rockland St, Swampscott MA 01907

Total Gross Expenses (Calculated)$7,682/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7682

Annual Income & Unit Breakdown for 68 Rockland St, Swampscott MA 01907

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

Rent Includes

General Information for 68 Rockland St, Swampscott MA 01907

Listing ID73195191

Property TypeMulti Family / 2 Family

Price625000 ($331.39/SqFt)

Style2 Family - 2 Units Up/down

CitySwampscott

CountyEssex

Neighborhood(s)

Approximate Living Area Total1886

Approximate Lot Size (Acres)0.1

Total Parking0

Garage Parking0

Year Built1850

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area99999999

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsYes

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 68 Rockland St, Swampscott MA 01907

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 68 Rockland St, Swampscott MA 01907

Real Estate Taxes7682

Tax Year2024

Assessed Value$668,600

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 68 Rockland St, Swampscott MA 01907

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 68 Rockland St, Swampscott MA 01907

Agent

Name: Dan Bernal

Office

Name: Atlantic Coast Homes,Inc

Phone: 978-777-4444

Payment Calculator

, Interest

Property Taxes 640.17

Principal & Interest 3851.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Atlantic Coast Homes,Inc

Dan Bernal

Agent Phone

Office Phone

(978) 777-4444

Text Agent Call Agent Call Office

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    [unparsed] => 68 Rockland St, Swampscott MA 01907
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EXIT

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