$940,000
SOLD AUG 22, 2025

31-33 New Ocean St Swampscott, MA 01907

5 Beds
3 Baths
3,425 Sq Ft
3,311 Sq Ft Lot

Recently Sold

$274 Per Sq Ft

5% Above List Price

3 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Solid Surface Countertops
  • Swampscott High School Rated A-
  • Wood Flooring
  • 4-minute walk to Kings Beach

About This Home

As of August 2025

Exceptional opportunity in a Swampscott 3-unit rental property or beautiful home for owner-occupant who also wants substantial income. Three separate updated apartments, each with hardwood floors, central air conditioning, gas cooking and heat, and private laundry. Unit 1 is a split 2 bedroom/1 bath with wide-open kitchen/living/dining space and offering great closets. Unit 2 is a signature 2 bedroom apartment featuring new stainless steel kitchen with breakfast bar open to extra large living/dining room. Wall of windows and sliding doors to huge deck and lovely landscaped private yard. Unit 3 is a charming penthouse 1 bedroom/1 bath plus study nook with window, perfect for home office. Building offers two paved parking spaces. Around the corner from Kings Beach and a short walk to Linscott Park and the restaurants and shops along Humphrey Street. Present rents are under market.

Last Agent to Sell the Property

Steven Cohen Team

Keller Williams Realty Boston-Metro | Back Bay Listed on: 06/13/2025

Keller Williams Realty Boston-Metro | Back Bay

Co-Listed By

Barrie Stavis

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Annie Wachtel

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,514

Year Built

  • Built in 1875

Lot Details

  • 3,311 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 3,425 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Utilities

  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,525
  • Rent includes unit 1(water), unit 3(water)
  • Assessor Parcel Number M:0001 B:0003 L:0,2165029

Community Details

Overview

  • 3 Units

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $4,500
  • Water Sewer Expense $1,466
  • Operating Expense $8,779
  • Net Operating Income $33,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,514

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1875
  • Levels: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 3425
  • Living Area: 3425
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB5522
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Bike Path
  • Rent Includes: Unit 1(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1466

Lot Info

  • Parcel Number: M:0001 B:0003 L:0,2165029
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3311
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7514

Multi Family

  • Insurance Expense: 4500
  • Net Operating Income: 33521
  • Number Of Units Total: 3
  • Operating Expense: 8779
  • Total Actual Rent: 3525
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $940,000 +5.0% $274 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $895,000 -- $261 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steven Cohen Team

    Seller's Agent in 2025

    Steven Cohen Team

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 861-3636

    1 in this area

    482 Total Sales

    Steven Cohen Team
    Section Image

  • B

    Seller Co-Listing Agent in 2025

    Barrie Stavis

    Keller Williams Realty Boston-Metro | Back Bay

    1 in this area

    28 Total Sales

    Barrie Stavis
    Section Image
  • Annie Wachtel

    Buyer's Agent in 2025

    Annie Wachtel

    Coldwell Banker Realty - Marblehead

    (917) 545-2199

    4 in this area

    52 Total Sales

    Annie Wachtel
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73390790

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Swampscott 01907

31-33 New Ocean St, Swampscott, MA

Sold

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes