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Marblehead 01945
11 Prince Street
$427,200
● House - Off Market

11 Prince Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,677 Ft²
$724,698
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Charming home centrally located to several of Marblehead's best offerings, including beaches, parks, Abbot Public Library, Downtown and the Bike Path. This home offers one floor living with an open layout between the living room and dining room and hardwood floors throughout. A large picture window allows sunlight to fill the living room and a beautiful white brick fireplace is a highlight of this cozy room. A walk-up attic provides approximately 450 square feet of storage with the option to finish into additional living space. Perfect for relaxing with or entertaining family and friends, the back yard offers a quiet and private retreat. This is a great starter home for a first time home buyer or ideal for someone looking to downsize while walking distance to town.
Unit Size
1,677 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$259
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1925

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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 #71998927)

Price History

Date / Event Date Event Price
Aug 17, 2016 Sold
Premium
Sold
May 3, 2016 Listed by William Raveis R.E. & Home Services $435,000
Listed by William Raveis R.E. & Home Services
Aug 2, 2007 Sold
Premium
Sold
May 18, 2007 Listed by William Raveis R.E. & Home Services $395,000
Listed by William Raveis R.E. & Home Services
Jul 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,256
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,666
  • Total Building Area: 1,677
  • Gross Building Area: 3,745
  • Building Area: 1,677
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,677
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM J GOLDTHWAIT & JOHN O
  • Land Acres: 0000000084
  • 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:0097 B:0025 L:0
  • Block: 25
  • Municipality: MARBLEHEAD
  • Latitude: 42.4977
  • Longitude: -70.8632

    Address

  • Full Address: 11 Prince St
  • Address - House Number: 11
  • Address - Street Name: Prince
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 2223
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,400

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 786,762
  • High Value: 951,593
  • Low Value: 621,931

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,600
  • Assessed Land Value: $474,400
  • Assessed Improvements Value: $123,200

    Sales

  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 352
  • Previous Sale Recording Date: Aug 02, 2007
  • Previous Sale Amount: $375,000
  • 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# 71998927

Frequently Asked Questions

When was property at 11 Prince Street built and last sold?
The property at 11 Prince Street was built in 1925 and last sold on Jan 1, 1970 for $427,200.
How much is this home worth?
The estimated value of the home located at 11 Prince Street is $466,308.
What are some comparable homes to 11 Prince Street?
There are currently no comparable homes to 11 Prince Street.
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