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$630,000
● House - Off Market

113 Front

Marblehead, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,108 Ft²
$1,136,290
RealtyHop Estimate
68.34%
Since Jun 1, 2006
National-US
Primary Model

About This Property

Harborfront two bedroom, one and a half bath attached rowhouse located in desired Old Town offers views, private harborfront common area, central air-conditioning, gleaming hardwood floors, fireplace, basement storage, and a one car garage plus an additional space.  Enjoy relaxed seaside village living and stroll to restaurants, grocery, banks, and unique shops,  Fee includes exterior care, maintenace of common property, snow removal, lawn care. trash removal, and Association operating expenses
Unit Size
1,108 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$609
Property Type
House
Property Taxes
$358
HOA Dues
$275
Year Built
-

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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 years ago (MLSPIN #70365173)

Price History

Date / Event Date Event Price
May 25, 2006 Sold
Premium
Sold
Apr 10, 2006 Listed by Gerald A. Kaplan $675,000
Listed by Gerald A. Kaplan

Property Highlights

Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Features: Bathroom - Full
Level: Second
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Half
Level: First
Features: Bathroom - Full, Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood, Dining Area, Balcony / Deck
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater
Flooring Type: Wood, Tile
Laundry Features: In Basement
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Partial, Walk-Out Access, Interior Entry, Garage Access, Concrete
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Paved Drive, Off Street, Assigned
Garage Spaces: 1
Exterior Details
Has Property Attached
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: Unknown
Lot Features: Easements
Lot Size Area: 0.03
Lot Size Units: Acres
Lot Size Acres: 0.03
Zoning: SCR
Parcel Number: 166 61 1, 2027117
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 166
Tax Assessed Value: $508,900
Tax Annual Amount: $4,300
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer, City/Town Sewer
Location Details
HOA Fee: $275
Community Features: Public Transportation, Shopping, Park

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70365173
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