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Marblehead 01945
11 Lincoln Park #11
Photo of Unit 11 at 11 Lincoln Park

1

Map

$324,900
● Condo - Off Market

11 Lincoln Park #11

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,278 Ft²
$1,825
Est. Monthly

About This Property

This 3 bedroom 1 1/2 bath attached single family home is the perfect condo alternative and has been delightfully updated. The eat-in kitchen features granite counters and plenty of cabinet space. The open dining and fireplaced living area looks out over the deck and private backyard. The finished room in the basement can be an additional bedroom, office, media room or great playroom for the kids. With updated baths, newer windows, central air-conditioning and hardwood throughout move right in!
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$254
Property Type
Condo
Property Taxes
$229
HOA Dues
-
Year Built
1968

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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: 2 months ago (MLSPIN #71197271)

Price History

Date / Event Date Event Price
Mar 8, 2011 Listed by Harborside Realty $324,900
Listed by Harborside Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 630
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Total Building Area: 1,278
  • Gross Building Area: 1,933
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHARD SWARTZ
  • Land Acres: 0000000064
  • 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: U

Geography

  • District: 168
  • Parcel: MARB M:0145 B:0021 L:0
  • Block: 21
  • Municipality: MARBLEHEAD
  • Latitude: 42.5094
  • Longitude: -70.8578

    Address

  • Full Address: 11 Lincoln Park
  • Address - House Number: 11
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C006
  • 4-Digit Zip Code: 2553
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $470,000

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 622,469
  • High Value: 735,735
  • Low Value: 509,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $524,500
  • Assessed Land Value: $415,300
  • Assessed Improvements Value: $109,200

    Sales

  • Current Sale Contract Date: Jan 02, 2020
  • Current Sale Recording Date: Jan 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200114002840
  • Previous Sale Recording Date: Jul 15, 2011
  • Previous Sale Amount: $312,000
  • 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:

$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: 2 months ago
Data Source: MLS PIN, MLS# 71197271

Frequently Asked Questions

When was property at 11 Lincoln Park built and last sold?
The property at 11 Lincoln Park was built in 1968 and last sold on Jan 2, 2020 for $362,500.
How much is this home worth?
The estimated value of the home located at 11 Lincoln Park is $417,865.
What are some comparable homes to 11 Lincoln Park?
There are currently no comparable homes to 11 Lincoln Park.
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