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Marblehead 01945
11 Mckinley Rd
$660,000
● House - Off Market

11 Mckinley Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,330 Ft²
$1,132,358
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

"Space and Style", nothing to do but move in to this stunning, open concept contemporary style home with a fabulous yard, plus play area. Kitchen features an 8ft honed Carrera marble island and granite counters. Dining room has a unique custom designed built-in bench. Marble fireplace wall in living room. Family room has direct access to a large deck and lower level patio. Central air, sprinkler system, updated systems and separate in-home office and work room. THIS HOUSE WILL EXCEED YOUR EXPECTATIONS!
Unit Size
2,330 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$296
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1962

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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: 4 months ago (MLSPIN #72076759)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by Coldwell Banker Residential Brokerage - Marblehead $899,999
Listed by Coldwell Banker Residential Brokerage - Marblehead
Dec 5, 2016 Sold
Premium
Sold
Oct 4, 2016 Listed by Coldwell Banker Residential Brokerage - Marblehead $689,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Dec 18, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,400
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,680
  • Gross Building Area: 3,892
  • Building Area: 2,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0049 B:0027 L:0
  • Block: 27
  • Municipality: MARBLEHEAD
  • Latitude: 42.4879
  • Longitude: -70.8696

    Address

  • Full Address: 11 Mckinley Rd
  • Address - House Number: 11
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C015
  • 4-Digit Zip Code: 2040
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $964,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,256,520
  • High Value: 1,471,771
  • Low Value: 1,041,269

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,076,200
  • Assessed Land Value: $609,500
  • Assessed Improvements Value: $466,700

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210617001330
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: O
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

2886 ft²

Average Home Age

92.8 years

Currently For Sale

42 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# 72076759

Frequently Asked Questions

When was property at 11 McKinley Road built and last sold?
The property at 11 McKinley Road was built in 1962 and last sold on Jun 16, 2021 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 11 McKinley Road is $928,183.
What are some comparable homes to 11 McKinley Road?
There are currently no comparable homes to 11 McKinley Road.
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