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Marblehead 01945
10 Colonial Ct
$304,000
● House - Off Market

10 Colonial Ct

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
884 Ft²
$500,182
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

This detached single-family, row house style home is one-of-a-kind. Great condo alternative without the HOA fees. The corner location of this multi-level unit is set back a bit in the complex, offering loads of privacy. It features wood floors, patio and exposed wood beams and it is located within walking distance to the movie theater, restaurants and shops.  Newer systems/roof/replacement windows/hot water tank. Included is one-car deeded parking. Great for first-time home buyers or investors looking to rent it out as it is currently rented for $1600/month.
Unit Size
884 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$338
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1969

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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 #71979628)

Price History

Date / Event Date Event Price
Jun 3, 2016 Sold
Premium
Sold
Mar 30, 2016 Listed by RE/MAX Advantage Real Estate $299,000
Listed by RE/MAX Advantage Real Estate
Apr 29, 2004 Sold
Premium
Sold
Mar 23, 2004 Listed by RE/MAX Advantage Real Estate $295,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 425
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,020
  • Total Building Area: 884
  • Gross Building Area: 1,411
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 884
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000023
  • 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: GR

Geography

  • District: 168
  • Parcel: MARB M:0128 B:026H L:0
  • Block: 26H
  • Municipality: MARBLEHEAD
  • Latitude: 42.5034
  • Longitude: -70.8573

    Address

  • Full Address: 10 Colonial Ct
  • Address - House Number: 10
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2403
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $397,800

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 507,108
  • High Value: 596,874
  • Low Value: 417,343

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,000
  • Assessed Land Value: $219,300
  • Assessed Improvements Value: $224,700

    Sales

  • Current Sale Recording Date: Jun 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 531
  • Previous Sale Recording Date: Apr 29, 2004
  • Previous Sale Amount: $295,000
  • 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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2886 ft²

Average Home Age

92.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71979628

Frequently Asked Questions

When was property at 10 Colonial Court built and last sold?
The property at 10 Colonial Court was built in 1969 and last sold on Jan 1, 1970 for $304,000.
How much is this home worth?
The estimated value of the home located at 10 Colonial Court is $311,031.
What are some comparable homes to 10 Colonial Court?
There are currently no comparable homes to 10 Colonial Court.
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