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Marblehead 01945
10 Foss Terrace
$675,000
● House - Off Market

10 Foss Terrace

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,696 Ft²
$1,249,989
RealtyHop Estimate
78.60%
Since May 1, 2015
MA-Boston
Primary Model

About This Property

Redd's Pond Area - A RARE OPPORTUNITY -  Built in 2007, this 8 room/4 Bedroom/ 2.5 Bathroom spacious home features: central air conditioning, open floor plan, high ceilings, oversized windows, gleaming hardwood floors, 2 gas fireplaces, second floor laundry and good closet space.  Let the chef entertain and perform with an audience in the family room open to the stainless/granite kitchen.  The master suite has an oversized master bath with soaking tub, granite topped dual sink vanity. The unfinished basement offers storage and potential for more living space.  There is a deck off the back overlooking a pretty scene, distinctive pillars on the front porch create an impressive architectural effect and there is a two car garage with paver driveway.
Unit Size
2,696 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$260
Property Type
House
Property Taxes
$616
HOA Dues
-
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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71783118)

Price History

Date / Event Date Event Price
May 12, 2015 Sold
Premium
Sold
Apr 12, 2015 Sold
Premium
Sold
Jan 12, 2015 Listed by RE/MAX Advantage Real Estate $699,900
Listed by RE/MAX Advantage Real Estate
Oct 30, 2007 Sold
Premium
Sold
Sep 19, 2007 Listed by RE/MAX Advantage Real Estate $749,000
Listed by RE/MAX Advantage Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,170
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,757
  • Total Building Area: 2,696
  • Gross Building Area: 4,564
  • Building Area: 2,696
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,696
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOSS TERRACE REALTY TRUST
  • Land Acres: 0000000155
  • 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: 203302

Zoning

  • Zoning: VR

Geography

  • District: 168
  • Parcel: MARB M:0163 B:016B L:0
  • Block: 16B
  • Municipality: MARBLEHEAD
  • Latitude: 42.5098
  • Longitude: -70.8511

    Address

  • Full Address: 10 Foss Ter
  • Address - House Number: 10
  • Address - Street Name: Foss
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C026
  • 4-Digit Zip Code: 2509
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $950,800

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,133,687
  • High Value: 1,310,504
  • Low Value: 956,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,061,200
  • Assessed Land Value: $520,900
  • Assessed Improvements Value: $540,300

    Sales

  • Current Sale Recording Date: May 12, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51200358
  • Previous Sale Recording Date: Oct 30, 2007
  • Previous Sale Amount: $715,000
  • 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

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 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# 71783118

Frequently Asked Questions

When was property at 10 Foss Terrace built and last sold?
The property at 10 Foss Terrace was built in 2007 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 10 Foss Terrace is $751,674.
What are some comparable homes to 10 Foss Terrace?
There are currently no comparable homes to 10 Foss Terrace.
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