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Marblehead
1 Dock Ledge Way
Photo of 1 Dock Ledge Way
Sold on Jul 15, 2010

1

Map

$2,905,000
● House - Off Market

1 Dock Ledge Way

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,434 Ft²
$5,994,599
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

Private Deep Water Dock headlines this Magnificent Marblehead Harbor setting.Fabulous southern exposure fills this quality constructed 1980's 4 bedroom, 3.5 bath harborfront residence. Lovely grounds,refreshing tidal swimming pool,mohogany,teak & granite are just a start.Dramatic living room & master bedroom suite offer walls of glass & panoramic views to the mouth of the harbor, Marblehead Neck & South Shore.Meticulously maintained.Short stroll to Yacht Club & town. Exceptional opportunity.
Unit Size
3,434 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$863
Property Type
House
Property Taxes
$1,589
HOA Dues
-
Year Built
1984

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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: 2 years ago (MLSPIN #71087832)

Price History

Date / Event Date Event Price
Jul 15, 2010 Sold
Premium
Sold
May 20, 2010 Listed $2,965,000
Listed

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: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,890
  • Total Building Area: 3,606
  • Gross Building Area: 4,392
  • Building Area: 3,606
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,606
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 203302

Zoning

  • Zoning: H

Geography

  • District: 168
  • Parcel: MARB M:0132 B:0061 L:0
  • Block: 61
  • Municipality: MARBLEHEAD
  • Latitude: 42.5023
  • Longitude: -70.8491

    Address

  • Full Address: 1 Dock Ledge
  • Address - House Number: 1
  • Address - Street Name: Dock Ledge
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C005
  • 4-Digit Zip Code: 3255
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,890,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 3,097,285
  • High Value: 3,682,378
  • Low Value: 2,512,191

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,341,700
  • Assessed Land Value: $2,439,700
  • Assessed Improvements Value: $1,902,000

    Sales

  • Current Sale Recording Date: Jul 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 510955
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:

$992,000

Sale Price/ft²

$549

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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71087832

Frequently Asked Questions

When was property at 1 Dock Ledge Way built and last sold?
The property at 1 Dock Ledge Way was built in 1984 and last sold on Jan 1, 1970 for $2,905,000.
How much is this home worth?
The estimated value of the home located at 1 Dock Ledge Way is $2,941,031.
What are some comparable homes to 1 Dock Ledge Way?
There are currently no comparable homes to 1 Dock Ledge Way.
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