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1008 Paradise Road #2J Swampscott — Photo 1 of 38

1008 Paradise Road #2J Swampscott — Photo 1 of 38

$359,900

Investment Analysis — 1008 Paradise Road #2J

Swampscott, MA 01907

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01907 carries an estimated $3,090/mo in gross rent — about a 4.25% cap rate and $15,283/yr in estimated NOI at the $359,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,226

Style

Condominium

Built

1973

Welcome To Summit Estates! Spacious 5 Rooms, 2 Bedrooms, 2 Full-Baths Condominium! Open-Concept Living And Dining Area With Mahogany Hardwood Flooring, and Glass Sliding Door To Balcony! Eat-In Kitchen With Plenty Of Cabinet Space and Functional Layout. 2 Generous Size Bedrooms! Primary Ensuite With Walk-In Closet and Private Full Bath! Laundry On Every Floor! Assigned Parking Space and Convenient Guest Parking. Condo Fee Includes Heat, A/C, Hot Water, Sewer, Landscaping, Snow Removal And All Community Amenities! Professionally Managed With Strong Reserves! Great Location To Nearby Vinnin Square, Shopping, Restaurants, Beaches, Public Transportation, Boston And Logan Airport! A Wonderful Opportunity To Enjoy Easy Condo Living In A Well-Established Community! Great Value!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$359,900
Annual Taxes$4,385
HOA Fee$709.43

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringHardwood
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofTar/Gravel
Foundation--
ZoningB3

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Park • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Second

Flooring - Hardwood

Dining Room
Lvl Second

Flooring - Hardwood

Kitchen
Lvl Second
Primary Bedroom
Lvl Second

Bathroom - Half, Walk-In Closet(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bathroom 1
Lvl Second

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Colleen Toner

Listing Office: Toner Real Estate, LLC

MLS® Number: 73586311