Active
40 Days on market
38 Eastman Ave Swampscott — Photo 1 of 39

38 Eastman Ave Swampscott — Photo 1 of 39

Recent Drop: $85,000

$760,000
$675,000

$675,000

Investment Analysis — 38 Eastman Ave

Swampscott, MA 01907

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01907 carries an estimated $3,700/mo in gross rent — about a 4.04% cap rate and $27,257/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,191

Style

Single Family

Built

1900

PRICED TO SELL!This distinctive single-family home offers versatile living spaces and a range of convenient features for its future owners. The property includes three spacious bedrooms, one and a half bathrooms, a central HVAC system installed in 2025, and a roof replaced approximately eight years ago.The interior features extensive insulation, recessed lighting, ceiling fans, bay windows, and a well-appointed kitchen with custom cabinetry, a skylight, a double dishwasher, an oversized refrigerator, a gas range with a double oven, and granite countertops. Some of the three upstairs bedrooms includes a motorized skylight and ceiling fan, as well as access to a spacious, finished attic currently used for storage. Additional living and storage space is available in the heated basement and three-season porch. Solar panels have helped reduce energy costs. Outside, the large, level, fenced-in yard provides ample space for entertaining, relaxing, recreational activities, and landscaping projects. The property also includes a generous driveway and a garage currently used for storage. Ideally located just minutes from the beach, commuter rail, shops, restaurants, and the new Swampscott Center for the Performing Arts, the home provides convenient access to the surrounding area. Logan International Airport is approximately 25 minutes away, and major routes—including Route 1A, Route 129, Interstate 95, and Route 128—are nearby. Some photographs have been enhanced using AI.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 596 sq ft (the lesser of 900 sq ft or half the 1,191 sq ft principal dwelling). Lot size: 9,187 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

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Open Houses

Property Details

Financials

Original Price$760,000
Annual Taxes$6,487

Parking

Garage1
Off-Street10

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Tile, Vinyl / VCT, Carpet, Flooring - Hardwood
BasementBulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningA3

Property & Lot

Acres0.21
SqFt Lot9,187
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Vacuum System • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Pendant, Decorative Molding

Kitchen
Lvl First

Skylight, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Family Room
Lvl First

Skylight, Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting, Pocket Door

Master Bedroom
Lvl Second

Ceiling Fan(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Full, Flooring - Vinyl

Bathroom 2
Lvl Second

Bathroom - Half, Flooring - Vinyl

Property History

Price Drop
$675,000

Was $730,000

Sep 3, 2026

MLS® 73558547

Price Drop
$730,000

Was $760,000

Aug 23, 2026

MLS® 73558547

Listed
$760,000

Aug 3, 2026

MLS® 73558547

Listing Provided By

Listing Agent: Lizete Alcalainichols

Listing Office: RE/MAX 360

MLS® Number: 73558547