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Marblehead 01945
1 Ellen Road
$586,200
● House - Off Market

1 Ellen Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,000 Ft²
$1,195,668
RealtyHop Estimate
90.09%
Since Mar 1, 2014
MA-Boston
Primary Model

About This Property

MOTIVATED SELLER. PRICE REDUCDED. This bright, spacious, home has hardwood and tile floors throughout, and recessed lighting in most rooms.  With 3000 sq. ft. of living space, this home has many possible living arrangements; as a single or extended family, IN-LAW, or HOME OFFICE with SEPERATE ground level ENTRANCE. The house has been continually updated with a recent installation new kitchen and appliances, three updated baths/jaccuzzi, hot water heater, new roof, and the interior freshly painted. Wonderful for entertaining with two large family rooms.  The two fireplaces have gas assisted kindling. Great fenced yards for wonderful privacy and newly installed sod, and a huge two car e.e. garage.  Its an easy walk to the Bell, Veterans middle, and Marblehead high schools.  Great home, great location, great price.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$210
Property Type
House
Property Taxes
$4,018
HOA Dues
-
Year Built
1962

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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 #71572186)

Price History

Date / Event Date Event Price
Feb 7, 2014 Sold
Premium
Sold
Aug 20, 2013 Listed by Paul Stevens REALTORS® $629,000
Listed by Paul Stevens REALTORS®
Jul 31, 1998 Sold
Premium
Sold
May 6, 1998 Listed $269,900
Listed
GREAT 4 BEDROOM CORNER LOT SPLIT ENTRY HOME- BELL SCHOOL AREA- 2 CAR GARAGE- 2 FAMILY ROOMS EACH WITH A FIREPLACE- FULLY APPLIANCED KITCHEN WITH JENNAIRE STOVE, MICROWAVE AND WALL OVEN. CALL OFFICE FOR APPOINTMENT.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,247
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,300
  • Total Building Area: 2,555
  • Gross Building Area: 3,406
  • Building Area: 2,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,555
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0084 B:0021 L:0
  • Block: 21
  • Municipality: MARBLEHEAD
  • Latitude: 42.4978
  • Longitude: -70.8682

    Address

  • Full Address: 1 Ellen Rd
  • Address - House Number: 1
  • Address - Street Name: Ellen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C042
  • 4-Digit Zip Code: 2119
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $768,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,047,467
  • High Value: 1,226,906
  • Low Value: 868,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $857,100
  • Assessed Land Value: $614,300
  • Assessed Improvements Value: $242,800

    Sales

  • Current Sale Recording Date: Feb 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113
  • Previous Sale Recording Date: Jan 03, 2013
  • Previous 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

$550

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: 4 months ago
Data Source: MLS PIN, MLS# 71572186

Frequently Asked Questions

When was property at 1 Ellen Road built and last sold?
The property at 1 Ellen Road was built in 1962 and last sold on Jan 1, 1970 for $586,200.
How much is this home worth?
The estimated value of the home located at 1 Ellen Road is $687,732.
What are some comparable homes to 1 Ellen Road?
There are currently no comparable homes to 1 Ellen Road.
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