Active
79 Days on market
51 New Ocean St #3 Swampscott — Photo 1 of 29

51 New Ocean St #3 Swampscott — Photo 1 of 29

Recent Drop: $50,000

$529,900
$479,900

$479,900

Investment Analysis — 51 New Ocean St #3

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 4.06% cap rate and $19,504/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,054

Style

Condominium

Built

1920

$20 K Price Adjustment !!! Welcome to this wonderful penthouse condo! Converted and tastefully renovated in 2015, it has so many desirable features, such as beautiful tiled baths, a trendy cooks kitchen with maple cabinets, stone counters and glass tile, gas cooking and a wine chiller. There are wood floors throughout, a double sided gas fireplace which services both the living and dining rooms. The skylights and windows provide abundant natural light. The in-unit washer and dryer are conveniently located and tucked into a closet. There is basement storage, two car parking, and a low condo fee. Feel the ocean breeze from the exclusive use front porch! If there is no breeze, you can always cool off with the central A/C. Favorably located near Monument Park and lively Humphrey Street, 0.3 miles from the ocean in one direction and 0.3 miles from the commuter rail to Boston. What more could you want?

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 MLS and other third-party data may be inaccurate or out of date.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$529,900
Annual Taxes$5,854
HOA Fee$235.2

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Tile, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas, Individual, Unit Control
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningA4

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Third

19 x 11

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl Third

9 x 11

Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Recessed Lighting

Kitchen
Lvl Third

9 x 17

Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Gas Stove

Master Bedroom
Lvl Third

11 x 11

Bathroom - Full, Skylight, Closet, Flooring - Wood, Lighting - Overhead

Bedroom 2
Lvl Third

11 x 10

Bathroom 1
Lvl Third

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Third

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid

Property History

Price Drop
$479,900

Was $499,900

Aug 19, 2026

MLS® 73541498

Price Drop
$499,900

Was $509,900

Jul 30, 2026

MLS® 73541498

Price Drop
$509,900

Was $519,900

Jul 16, 2026

MLS® 73541498

Price Drop
$519,900

Was $529,900

Jul 9, 2026

MLS® 73541498

Listed
$529,900

Jun 25, 2026

MLS® 73541498

Listing Provided By

Listing Agent: The Beaton Team

Listing Office: Leading Edge Real Estate

MLS® Number: 73541498