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Marblehead 01945
1 Mansion Road
$1,425,000
● House - Off Market

1 Mansion Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,841 Ft²
$1,366,643
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Prime Marblehead Goldthwait location. Short walk to Goldthwait Reservation, beaches, harbor and town. Well maintained 3-4 bedroom Colonial on corner lot. Open kitchen, family, dining room combination with breakfast bar and cathedral ceilings. Flexible first floor plan offers en suite primary bedroom or formal living room with fireplace and french doors to rear patio. Second floor offers three bedrooms, one en suite primary and two additional serviced by a full bath. Full walk up attic for storage or expansion. Lower level offers 740+/-sq.ft of finishable space. Updated utilities. Exterior offers a comfortable and spacious, level fenced in yard with rear patio and outdoor shower. Parking for 4+ cars. Offers due Tuesday, May 24 by 12pm. Showings to start after broker open house.
Unit Size
1,841 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$731
Property Type
House
Property Taxes
$755
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #72983125)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 17, 2022 Listed by William Raveis R.E. & Home Services $1,345,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 754
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,841
  • Gross Building Area: 2,788
  • Building Area: 1,841
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,841
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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:0090 B:0017 L:0
  • Block: 17
  • Municipality: MARBLEHEAD
  • Latitude: 42.4923
  • Longitude: -70.8622

    Address

  • Full Address: 1 Mansion Rd
  • Address - House Number: 1
  • Address - Street Name: Mansion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C044
  • 4-Digit Zip Code: 2964
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,288,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,221,469
  • High Value: 1,431,801
  • Low Value: 1,011,136

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,438,500
  • Assessed Land Value: $976,000
  • Assessed Improvements Value: $462,500

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220624003720
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

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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: 4 months ago
Data Source: MLS PIN, MLS# 72983125

Frequently Asked Questions

When was property at 1 Mansion Road built and last sold?
The property at 1 Mansion Road was built in 1945 and last sold on Jun 16, 2022 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 1 Mansion Road is $1,349,601.
What are some comparable homes to 1 Mansion Road?
There are currently no comparable homes to 1 Mansion Road.
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