Active
19 Days on market
123 Eastman Avenue Swampscott — Photo 1 of 39

123 Eastman Avenue Swampscott — Photo 1 of 39

Recent Drop: $34,000

$899,000
$865,000

$865,000

Investment Analysis — 123 Eastman Avenue

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 2.85% cap rate and $24,648/yr in estimated NOI at the $865,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,240

Style

Single Family

Built

1986

Some houses ask you to imagine the life you could have. This one hands it to you, already done.Set back on a quiet, dead-end street in Swampscott, 123 Eastman Avenue is the kind of property that lets you exhale the moment you pull in. No through traffic, no rush — just a yard with real room to spread out, a back deck for slow mornings, and a screened porch for the in-between seasons. Inside, 2,240 square feet above grade across 8 rooms give everyone a place to land: 3 to 4 bedrooms, 2.5 baths, a first-floor family room for the after-school chaos or the Sunday football pile-up, and a home office tucked behind its own door for the days you need to close it. The primary suite is its own retreat, big enough to actually unwind in, not just sleep in. The kitchen has been fully remodeled with an open-concept layout, the kind that keeps the cook in the conversation instead of walled off from it. Light moves easily through the main level, and the whole house has the settled, sun-filled feel of a home that's been genuinely cared for. The full basement is unfinished and offers approximately 880 s.f. of great expansion potential and storage space. Swampscott is a walkable coastal town with beach access and a vibrant downtown, and in 2024 it opened a brand-new K-4 elementary school that consolidated the town's elementary program into one modern building. For commuters, the Swampscott stop on the commuter rail gets you to Boston quickly and conveniently. Newer roof, new boiler and tankless water heater, redone second-floor baths, and 2025 replacement windows — more than $119,000 in documented improvements since 2007. The expensive, unglamorous work is already done.This is what move-in ready is supposed to feel like: the systems are current, the big decisions are made, and what's left is just living here.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,240 sq ft principal dwelling). Lot size: 8,015 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.

Open Houses

Property Details

Financials

Original Price$899,000
Annual Taxes$9,096

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Bamboo, Hardwood, Flooring - Hardwood
BasementFull, Interior Entry, Garage Access, Radon Remediation System, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningN/A

Property & Lot

Acres0.18
SqFt Lot8,015
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1
Main,First
Family Room
Living Room
Lvl First

Flooring - Wood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant

Office
Lvl First

Flooring - Hardwood

Family Room
Lvl Main,First

Flooring - Wood, Slider

Primary Bedroom
Lvl Second

Bathroom - Full, Walk-In Closet(s), Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Property History

Price Drop
$865,000

Was $899,000

Sep 10, 2026

MLS® 73567678

Listed
$899,000

Aug 25, 2026

MLS® 73567678

Listing Provided By

Listing Agent: Linda Hayes

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73567678