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Marblehead 01945
1 Rockland Rd
$489,700
● House - Off Market

1 Rockland Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,764 Ft²
$857,619
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Renovated 4 bedroom 2 bath home featuring living room with fireplace, family room, dining room, office, kitchen, and a first floor bedroom and bath. Upstairs there are an additional 3 bedrooms, a full bath, and a deck off of the master bedroom. There is ample parking in the driveway and a nice side yard with perennial gardens and patio.  Enjoy sunsets and Salem harbor just at the end of the street where "Potters Beach" offers access for kayaking or paddle boarding. Walking distance to Coffin, Village, and Marblehead Vet's Middle Schools as well as a short stroll into town.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$292
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1935

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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 #72043775)

Price History

Date / Event Date Event Price
Sep 12, 2016 Sold
Premium
Sold
Jul 26, 2016 Listed by Coldwell Banker Residential Brokerage - Marblehead $515,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Aug 6, 2013 Sold
Premium
Sold
May 28, 2013 Listed by Coldwell Banker Residential Brokerage - Marblehead $474,900
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 1,036
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,764
  • Gross Building Area: 2,940
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000000092
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0124 B:0017 L:0
  • Block: 17
  • Municipality: MARBLEHEAD
  • Latitude: 42.5072
  • Longitude: -70.8657

    Address

  • Full Address: 1 Rockland Rd
  • Address - House Number: 1
  • Address - Street Name: Rockland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1315
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,600

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 796,333
  • High Value: 932,698
  • Low Value: 659,967

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $696,000
  • Assessed Land Value: $479,400
  • Assessed Improvements Value: $216,600

    Sales

  • Current Sale Recording Date: Sep 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 367
  • Previous Sale Recording Date: Aug 06, 2013
  • Previous Sale Amount: $457,900
  • Previous Sale Document Type: O
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# 72043775

Frequently Asked Questions

When was property at 1 Rockland Road built and last sold?
The property at 1 Rockland Road was built in 1935 and last sold on Jan 1, 1970 for $489,700.
How much is this home worth?
The estimated value of the home located at 1 Rockland Road is $541,916.
What are some comparable homes to 1 Rockland Road?
There are currently no comparable homes to 1 Rockland Road.
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