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Marblehead 01945
1 Arthur Avenue
$848,000
● House - Off Market

1 Arthur Avenue

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,192 Ft²
$1,244,164
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Chapel Pines location nearby Gatchell Playground, Wyman Woods in Forest River Conservation. Walk to Glover  & Saint Andrews Schools. This 4/5 bedroom 3 1/2 bath custom home offers bright & open granite kitchen family room combination. Gracious fireplaced formal living room & dining room complete the first level. Cathedral ceilings with skylights on the bedroom level that includes a spacious master bedroom suite & full bath.  3 more generous bedrooms and full bath. Additional finished walkout ground level w/ full bath, kitchenette area, flexes for home office, guest, au pair, in law suite or kids play area. Central air-conditioning, gas heat are included in the updated utilities. Great deck off kitchen over looks fabulous yard and gardens.Slow paced dead end street neighborhood.
Unit Size
3,192 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$263
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1984

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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 #72314370)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
Apr 24, 2018 Listed by William Raveis R.E. & Home Services $840,000
Listed by William Raveis R.E. & Home Services
Apr 26, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,344
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,456
  • Total Building Area: 2,988
  • Gross Building Area: 4,192
  • Building Area: 2,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,988
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RONALD HILL
  • Land Acres: 0000000263
  • 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:0054 B:029A L:0
  • Block: 29A
  • Municipality: MARBLEHEAD
  • Latitude: 42.4949
  • Longitude: -70.8829

    Address

  • Full Address: 1 Arthur Ave
  • Address - House Number: 1
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1107
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $822,800

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,221,558
  • High Value: 1,430,820
  • Low Value: 1,012,296

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $918,300
  • Assessed Land Value: $577,900
  • Assessed Improvements Value: $340,400

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180629006090
  • Previous Sale Recording Date: Apr 26, 1991
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72314370

Frequently Asked Questions

When was property at 1 Arthur Avenue built and last sold?
The property at 1 Arthur Avenue was built in 1984 and last sold on Jan 1, 1970 for $848,000.
How much is this home worth?
The estimated value of the home located at 1 Arthur Avenue is $849,562.
What are some comparable homes to 1 Arthur Avenue?
There are currently no comparable homes to 1 Arthur Avenue.
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