$461,000
●
Condo -
Off Market
1 Brackett Place #C
Marblehead, MA 01945
2 Beds
2 Baths,
1
Half Bath
1,200 Ft²
$875,634
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model
About This Property
Tastefully renovated condominium flat with rooftop, street views
including Abbott Hall, as well as peaks of Marblehead Harbor.
The kitchen opens to the dining and living room creating an
inviting and open floor plan. The built in custom cabinets
surrounding the fireplace provide storage as well as a welcoming
feel to the living room. Laundry is in its own separate
closet outside of the bathroom. Not only is this condo one
floor living but it also has attic storage above one of the two
bedrooms.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$383
Property Type
Condo
Property Taxes
$339
HOA Dues
$563
Year Built
-
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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 #71603729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2013 | Sold | ||
| Sold | |||
| Nov 1, 2013 | Listed by William Raveis R.E. & Home Services | $459,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Feb 16, 2010 | Sold | ||
| Sold | |||
| Dec 1, 2009 | Listed by Coldwell Banker Realty - Marblehead | $449,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
|
Glover Landing - Enjoy views of the harbor and old town from this rarely available 2nd floor - floor thru flat. Recently renovated; open kitchen/dining/living room, Granite counters, crown molding, built-in bookcases and fireplace. Hardwood floors, c/a, in-unit w/d, attic storage, add'l deeded storage, deeded pkg out front in courtyard. Other amenities; dock, sandy beach, waterside function room, prof. landscaped grounds and excellent on-site managent. Addnl parking available.
| |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Second
Features: Flooring - Wood, Countertops - Stone/Granite/Solid
Level: Second
Features: Bathroom - Half
Level: Second
Features: Flooring - Wood, Attic Access
Features: Flooring - Wood
Level: Second
Features: Bathroom - Full
Level: Second
Features: Closet, Flooring - Wood
Level: Second
Level: Second
Features: Closet/Cabinets - Custom Built, Flooring - Wood, Cable Hookup, Deck - Exterior, Open Floorplan, Remodeled, Slider
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Gas Water Heater
Flooring Type: Wood, Tile
Laundry Features: Laundry Closet, Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Glover Landing
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 2024946
Water Source: Public
Financial Details
Tax Assessed Value: $371,200
Tax Annual Amount: $4,072
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Insurance, Maintenance Structure, Maintenance Grounds
HOA/Condo/Coop Amenities: Clubroom, Beach Rights
Association Fee Frequency: Monthly
HOA Fee: $563
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, House of Worship, Private School, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On 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 |
|---|---|---|---|---|---|---|---|
|
12/03/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$509,000
2 Bed
2 Bath
1200 ft²
|
$500,000
-1.77%
01/29/2021
|
Merry Fox Team
William Raveis R.E. & Home Services
| |
|
11/07/2019
|
2 Bed
|
1 Bath
|
1200 ft²
|
$489,000
2 Bed
1 Bath
1200 ft²
|
$475,000
-2.86%
03/27/2020
|
Eric Suhr
William Raveis R.E. & Home Services
| |
|
07/17/2015
|
2 Bed
|
2 Bath
|
1200 ft²
|
$519,000
2 Bed
2 Bath
1200 ft²
|
$480,000
-7.51%
09/18/2015
|
Cressy Team
J. Barrett & Company
| |
|
11/01/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$459,000
2 Bed
2 Bath
1200 ft²
|
$461,000
+0.44%
12/30/2013
|
Mary Stewart
Coldwell Banker Residential Brokerage - Beverly
| |
|
12/01/2009
|
2 Bed
|
2 Bath
|
1200 ft²
|
$449,900
2 Bed
2 Bath
1200 ft²
|
$430,000
-4.42%
02/16/2010
|
Mary Stewart
Coldwell Banker Residential Brokerage - Beverly
| |
|
04/26/1996
|
2 Bed
|
2 Bath
|
1200 ft²
|
$221,500
2 Bed
2 Bath
1200 ft²
|
$200,000
-9.71%
10/01/1996
|
Heidi Magee
Carlson GMAC Real Estate
|
Building Info
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