Luxury meets tranquility at 1 Intrepid Circle, nestled in the
coveted Marblehead Highlands. This expansive townhouse boasts over
2800 SF of living space, featuring 3 bedrooms, 3 full bathrooms,
and 2 half bathrooms. Step into the heart of the home - a
beautifully renovated kitchen with quartz countertops, a Thermador
gas range, and tasteful grey cabinets. Cozy up by the gas fireplace
in the main living area adorned with built-ins. The 3 bedrooms are
all flooded with natural light with the top floor offering
cathedral ceilings and a marble bathroom. Enjoy the serenity of
mature landscaping and the elegance of crown moulding, pillars and
hardwood floors. Entertain with ease in the finished lower level,
or unwind in your own private outdoor space and stay cool with
central AC. Rounding out this fine property are 2 parking spots.
Convenience is key in this fully managed community, featuring its
own gym. Live moments from Old Town, restaurants, beaches and all
that Marblehead has to offer!
Unit Size
2,852 Ft²
Days on Market
-
Land Size
-
Price per sqft
$336
Property Type
Condo
Property Taxes
$623
HOA Dues
$789
Year Built
2007
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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.
HOA/Condo/Coop Amenities: Fitness Center, Garden Area
Association Fee Frequency: Monthly
HOA Fee: $789
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
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