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Marblehead 01945
1 Adams Rd
$850,000
● House - Off Market

1 Adams Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,037 Ft²
$929,711
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

GREYSTONE BEACH! This renovated 4 bedroom, 2 bath home embodies the best of summer and coastal living in one of Marblehead's most sought after neighborhoods. Welcoming foyer leads to a bright and spacious living room with fireplace open to the dining room and updated kitchen with granite countertops and stainless steel appliances. There are 4 bedrooms all on the same level with a recently renovated full bath. Lower level walk-out family room leading to the fully fenced back yard. Outside you will find  a tranquil oasis perfect for relaxing and entertaining by the pool overlooking beautiful perennial gardens! Many updates throughout including heating system, hot water heater and central A/C. Attached 1+ car garage with lots of storage and deeded private beach rights. You can have it all!
Unit Size
2,037 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$430
Property Type
House
Property Taxes
$615
HOA Dues
$19
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73014231)

Price History

Date / Event Date Event Price
Oct 26, 2022 Sold
Premium
Sold
Jul 19, 2022 Listed by William Raveis R.E. & Home Services $875,000
Listed by William Raveis R.E. & Home Services
Jul 16, 2010 Sold
Premium
Sold
May 13, 2010 Listed by William Raveis R.E. & Home Services $449,900
Listed by William Raveis R.E. & Home Services
Nov 12, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,283
  • Total Building Area: 2,037
  • Gross Building Area: 3,471
  • Building Area: 2,037
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,037
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 16 PARSONS ST
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0048 B:0035 L:0
  • Block: 35
  • Municipality: MARBLEHEAD
  • Latitude: 42.4881
  • Longitude: -70.8662

    Address

  • Full Address: 1 Adams Rd
  • Address - House Number: 1
  • Address - Street Name: Adams
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C015
  • 4-Digit Zip Code: 2801
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $735,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 942,846
  • High Value: 1,107,493
  • Low Value: 778,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $820,300
  • Assessed Land Value: $506,000
  • Assessed Improvements Value: $314,300

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221026001170
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73014231

Frequently Asked Questions

When was property at 1 Adams Road built and last sold?
The property at 1 Adams Road was built in 1955 and last sold on Oct 26, 2022 for $850,000.
How much is this home worth?
The estimated value of the home located at 1 Adams Road is $886,080.
What are some comparable homes to 1 Adams Road?
There are currently no comparable homes to 1 Adams Road.
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