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Marblehead 01945
10 Garfield St
$630,000
● House - Off Market

10 Garfield St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,718 Ft²
$697,193
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Explore the opportunities at 10 Garfield Street, a charming home with 3 bedrooms and 2 full baths on a quiet cul-de-sac. Hardwood floors, a comfortable fireplace, and a fenced backyard are some of the highlights of this well-kept home with a single owner. The basement presents a possibility to expand the living space and create a cozy retreat or entertainment space. Make this house your ideal home by adding your finishing touches. Requires licenses to sell from Probate and Family Court. Offers, if any, are due on Tuesday, March 14 at 4 PM. Please allow 48 hours for response. Sold "As Is."
Unit Size
1,718 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$407
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
1972

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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 #73085661)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Mar 16, 2023 In contract -
In contract
Mar 8, 2023 Listed by The Proper Nest Real Estate $699,000
Listed by The Proper Nest Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 984
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,718
  • Gross Building Area: 3,034
  • Building Area: 1,718
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,718
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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:0127 B:047A L:0
  • Block: 47A
  • Municipality: MARBLEHEAD
  • Latitude: 42.5044
  • Longitude: -70.8589

    Address

  • Full Address: 10 Garfield St
  • Address - House Number: 10
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2449
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $731,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 789,946
  • High Value: 926,162
  • Low Value: 653,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $816,200
  • Assessed Land Value: $488,400
  • Assessed Improvements Value: $327,800

    Sales

  • Current Sale Contract Date: Jul 20, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20230721000250
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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 73085661

Frequently Asked Questions

When was property at 10 Garfield Street built and last sold?
The property at 10 Garfield Street was built in 1972 and last sold on Jul 20, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 10 Garfield Street is $712,830.
What are some comparable homes to 10 Garfield Street?
There are currently no comparable homes to 10 Garfield Street.
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