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Marblehead 01945
107 Lafayette St
$300,000
● House - Off Market

107 Lafayette St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,498 Ft²
$608,743
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Chapel Pines location and large corner lot with parking for all your guests.  Landscaped for privacy perennial plantings. Many updates within past 10 years.  Expansion possibilities abound as well as easy access from and to Marblehead.  Should be able to close early July in time for the fireworks.  Lender has approved sale just need qualified offer.  This property is easy to show.  Property has been priced to elicit offers being $23K below assessed value
Unit Size
1,498 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$200
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #71372107)

Price History

Date / Event Date Event Price
Aug 13, 2012 Sold
Premium
Sold
Apr 22, 2012 Listed by The Russell Realty Group, LLC $299,000
Listed by The Russell Realty Group, LLC
May 28, 1999 Sold
Premium
Sold
Apr 17, 1999 Listed by The Russell Realty Group, LLC $255,000
Listed by The Russell Realty Group, LLC
Jul 25, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,850
  • Total Building Area: 1,421
  • Gross Building Area: 2,584
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000272
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0053 B:0033 L:0
  • Block: 33
  • Municipality: MARBLEHEAD
  • Latitude: 42.4935
  • Longitude: -70.883

    Address

  • Full Address: 107 Lafayette St
  • Address - House Number: 107
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1158
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,700

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 762,720
  • High Value: 893,466
  • Low Value: 631,974

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,800
  • Assessed Land Value: $500,300
  • Assessed Improvements Value: $125,500

    Sales

  • Current Sale Recording Date: Aug 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 28, 1999
  • Previous Sale Amount: $267,000
  • 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

$538

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2918 ft²

Average Home Age

88.3 years

Currently For Sale

37 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71372107

Frequently Asked Questions

When was property at 107 Lafayette Street built and last sold?
The property at 107 Lafayette Street was built in 1948 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 107 Lafayette Street is $332,146.
What are some comparable homes to 107 Lafayette Street?
There are currently no comparable homes to 107 Lafayette Street.
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