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Marblehead 01945
1 Colonial Court
Photo of 1 Colonial Court
Sold on Feb 10, 2012

1

Map

$200,000
● House - Off Market

1 Colonial Court

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
969 Ft²
$438,712
RealtyHop Estimate
119.36%
Since Mar 1, 2012
MA-Boston
Primary Model

About This Property

PRICE REDUCTION - Short sale/ Third party approval required.- Free standing multi level home just steps to downtown.  Major renovation done 2002: new roof, reclapboarded, insulated attic, heating & hot water systems, new garage door and opener, new storm doors, gas fireplace, some windows. 2005 refinished hardwood floors and repainted interior. 2007 finished sunroom. 2009 driveway resealed. This is NOT a condo - there are no common expenses.
Unit Size
969 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$206
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 30 days ago (MLSPIN #71134731)

Price History

Date / Event Date Event Price
Feb 10, 2012 Sold
Premium
Sold
Sep 8, 2010 Listed by RE/MAX Advantage Real Estate $200,000
Listed by RE/MAX Advantage Real Estate
Mar 25, 2005 Sold
Premium
Sold
Oct 5, 2004 Listed by RE/MAX Advantage Real Estate $369,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 425
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 974
  • Total Building Area: 884
  • Gross Building Area: 1,550
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 884
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SM & BL GERBER
  • Land Acres: 0000000022
  • 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: 203301

Zoning

  • Zoning: GR

Geography

  • District: 168
  • Parcel: MARB M:0128 B:026R L:0
  • Block: 26R
  • Municipality: MARBLEHEAD
  • Latitude: 42.5032
  • Longitude: -70.8574

    Address

  • Full Address: 1 Colonial Ct
  • Address - House Number: 1
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2403
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $466,500

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 583,858
  • High Value: 673,377
  • Low Value: 494,338

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,700
  • Assessed Land Value: $209,400
  • Assessed Improvements Value: $311,300

    Sales

  • Current Sale Recording Date: Mar 25, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 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

Rentals Near You

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Last Updated: 30 days ago
Data Source: MLS PIN, MLS# 71134731

Frequently Asked Questions

When was property at 1 Colonial Court built and last sold?
The property at 1 Colonial Court was built in 1969 and last sold on Jan 1, 1970 for $353,000.
How much is this home worth?
The estimated value of the home located at 1 Colonial Court is $231,482.
What are some comparable homes to 1 Colonial Court?
There are currently no comparable homes to 1 Colonial Court.
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