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Marblehead 01945
12 Gilbert Heights
$1,221,000
● House - Off Market

12 Gilbert Heights

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,800 Ft²
$1,840,763
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Architecturally designed 4 plus Contemporary home sited to take advantage of the spectacular waterviews including Tinkers Island and Mass bay. Located at the end of a  cul-de-sac offering privacy, no traffic and an ideal place for family fun. Don't miss seeing this pristine, spacious 4 plus bedroom, 3 full bath exceptional home with cathedral ceilings and multiple  decks, See attached further description on MLS
Unit Size
3,800 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$339
Property Type
House
Property Taxes
$969
HOA Dues
-
Year Built
1990

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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 #72486353)

Price History

Date / Event Date Event Price
Jun 13, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by Coldwell Banker Residential Brokerage - Marblehead $1,290,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Feb 28, 1997 Sold
Premium
Sold
Mar 14, 1996 Listed by Coldwell Banker Residential Brokerage - Marblehead $599,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,214
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,418
  • Total Building Area: 3,462
  • Gross Building Area: 5,967
  • Building Area: 3,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000446
  • 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:0094 B:0013 L:0
  • Block: 13
  • Municipality: MARBLEHEAD
  • Latitude: 42.493
  • Longitude: -70.8581

    Address

  • Full Address: 12 Gilbert Heights Rd
  • Address - House Number: 12
  • Address - Street Name: Gilbert Heights
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C041
  • 4-Digit Zip Code: 3612
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,636,700

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,778,545
  • High Value: 2,055,938
  • Low Value: 1,501,152

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,826,700
  • Assessed Land Value: $1,323,700
  • Assessed Improvements Value: $503,000

    Sales

  • Current Sale Contract Date: Jun 06, 2019
  • Current Sale Recording Date: Jun 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 602704
  • Previous Sale Recording Date: Feb 28, 1997
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: 43
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# 72486353

Frequently Asked Questions

When was property at 12 Gilbert Heights Road built and last sold?
The property at 12 Gilbert Heights Road was built in 1990 and last sold on Jun 6, 2019 for $1,221,000.
How much is this home worth?
The estimated value of the home located at 12 Gilbert Heights Road is $1,332,835.
What are some comparable homes to 12 Gilbert Heights Road?
There are currently no comparable homes to 12 Gilbert Heights Road.
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