$318,000
●
Condo -
Off Market
1 Arnold Terrace #1
Marblehead, MA 01945
2 Beds
2 Baths,
1
Half Bath
1,461 Ft²
$627,633
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model
About This Property
Move right in to this turn-key updated townhome unit @ Beacon Ridge
Condominiums! Carefree living, Private Outdoor space, 2-car
parking, spacious rooms! Completely renovated kitchen w/ Granite
counters, GE French Door refrigerator & Range, Miele dishwasher.
Fireplaced Liv. Rm w/ Hardwood floors. Renovated ½ bath downstairs
and spacious full bath upstairs with Double Vanity and Custom Tiled
Shower Surround. Large Master bed has 2 Walk-In Closets & On-Suite
Bathroom. 2nd bedroom is HUGE w/ Walk-In Closet too! Brand
new High Efficiency Gas On-Demand Rinnai Boiler & On-Demand
Tankless Hot Water Heater. Great room in finished basement that
could work as 3rd bedroom, play room, or family room. Great
location steps Old Town, the Harbor & all that Marblehead has to
offer. Enjoy all the charm of small town historic Marblehead
in the comfort of new world construction. PET-FRIENDLY.
Unit Size
1,461 Ft²
Days on Market
-
Land Size
-
Price per sqft
$225
Property Type
Condo
Property Taxes
$231
HOA Dues
$252
Year Built
1988
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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: 5 years ago (MLSPIN #71603074)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2013 | Sold | ||
| Sold | |||
| Oct 30, 2013 | Listed by RE/MAX 360 | $329,000 | |
| Listed by RE/MAX 360 | |||
| Aug 29, 2013 | Sold | ||
| Sold | |||
| Mar 15, 2013 | Listed by North Shore Realty Pros | $229,900 | |
| Listed by North Shore Realty Pros | |||
| | |||
|
Carefree living in this spacious 2 bedroom, 1.5 bath townhome is a great area. Large eat in kitchen, fireplace living room, new carpets and freshly painted.New heating system! Close to Old town and all that Marblehead has to offer. . Property is approved for HomePath and HomePath Renovation Mortgage.
| |||
Property Highlights
Parking Available
Fireplace
Interior Details
Level: First
Width: 11
Length: 16
Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Area: 176
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Remodeled
Level: Second
Features: Walk-In Closet(s)
Width: 12
Length: 15
Area: 180
Features: Flooring - Hardwood, Open Floorplan
Level: First
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled, Washer Hookup
Level: First
Length: 20
Level: First
Area: 220
Features: Flooring - Hardwood, Open Floorplan
Width: 11
Length: 20
Level: Basement
Width: 10
Area: 200
Features: Walk-In Closet(s)
Level: Second
Length: 16
Width: 12
Area: 192
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range - ENERGY STAR, Gas Water Heater, Tank Water Heaterless
Laundry Features: In Basement, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Deeded, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Building Name: Beacon Ridge Condominiums
Structure Type: Townhouse
Other Structures: Workshop
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Porch, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:0153 B:003M L:A, 2026417
Water Source: Public
Financial Details
Tax Assessed Value: $255,800
Tax Annual Amount: $2,775
Utilities Details
Cooling Type: Other
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $252
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/30/2013
|
2 Bed
|
2 Bath
|
1461 ft²
|
$329,000
2 Bed
2 Bath
1461 ft²
|
$318,000
-3.34%
12/20/2013
|
Barbara Kennedy-White
RE/MAX 360
| |
|
03/15/2013
|
2 Bed
|
2 Bath
|
1178 ft²
|
$229,900
2 Bed
2 Bath
1178 ft²
|
$225,000
-2.13%
08/29/2013
|
Mindy Reichman
Tache Real Estate, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017