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Marblehead 01945
10 Gerry Street
Photo of 10 Gerry Street
Sold on Apr 14, 2008

1

Map

$760,000
● House - Off Market

10 Gerry Street

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,322 Ft²
$1,555,425
RealtyHop Estimate
99.67%
Since May 1, 2008
MA-Boston
Primary Model

About This Property

Stately, "Eastlake" influenced, Victorian. Spacious, bright and airy; fresh interior that blends the original architecture with thoughtfully added improvements and amenities. Private office accessed through master suite has panoramic views of Seaside Park and beyond. Bluestone patio & professionally landscaped yard are directly accessed from the oversized, modern kitchen. An entertainer's delight. Its hilltop location is walking distance to many of the wonderful things Marblehead has to offer.
Unit Size
3,322 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$235
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1900

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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 #70670959)

Price History

Date / Event Date Event Price
Apr 14, 2008 Sold
Premium
Sold
Oct 30, 2007 Listed $779,000
Listed
Jun 21, 2004 Sold
Premium
Sold
Mar 30, 2004 Listed $725,000
Listed
Jul 23, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,420
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 3,319
  • Gross Building Area: 5,070
  • Building Area: 3,319
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,319
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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:0096 B:0063 L:0
  • Block: 63
  • Municipality: MARBLEHEAD
  • Latitude: 42.4972
  • Longitude: -70.8599

    Address

  • Full Address: 10 Gerry St
  • Address - House Number: 10
  • Address - Street Name: Gerry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C041
  • 4-Digit Zip Code: 3030
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $951,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,123,490
  • High Value: 1,295,543
  • Low Value: 951,436

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,062,100
  • Assessed Land Value: $529,600
  • Assessed Improvements Value: $532,500

    Sales

  • Current Sale Recording Date: Apr 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 21, 2004
  • Previous Sale Amount: $725,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70670959

Frequently Asked Questions

When was property at 10 Gerry Street built and last sold?
The property at 10 Gerry Street was built in 1900 and last sold on Jan 1, 1970 for $760,000.
How much is this home worth?
The estimated value of the home located at 10 Gerry Street is $841,643.
What are some comparable homes to 10 Gerry Street?
There are currently no comparable homes to 10 Gerry Street.
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