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Marblehead 01945
12 Longview Drive
$550,000
● House - Off Market

12 Longview Drive

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,836 Ft²
$1,410,297
RealtyHop Estimate
149.61%
Since Aug 1, 2001
MA-Boston
Primary Model

About This Property

BEAUTIFUL 8 ROOM, 2.5 BATH HOME. LOVELY AMENITIES, CENTRAL AIR, SPARKLING HARDWOOD FLOORS LOCATED IN VERY DESIRABLE AREA. ABOVE GRADE LEVEL WITH MANY WINDOWS.
Unit Size
2,836 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$199
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1987

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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 #30511431)

Price History

Date / Event Date Event Price
Jul 27, 2001 Sold
Premium
Sold
Jun 4, 2001 Listed $565,000
Listed
Nov 19, 1993 Sold
Premium
Sold
Apr 30, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,622
  • Total Building Area: 2,839
  • Gross Building Area: 3,308
  • Building Area: 2,839
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,839
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARREN 05 CENTS SAVINGS BANK
  • Land Acres: 0000000175
  • 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

Geography

  • District: 168
  • Parcel: MARB M:0021 B:036D L:0
  • Block: 36D
  • Municipality: MARBLEHEAD
  • Latitude: 42.489
  • Longitude: -70.8843

    Address

  • Full Address: 12 Longview Dr
  • Address - House Number: 12
  • Address - Street Name: Longview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1163
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $733,900

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,066,397
  • High Value: 1,246,644
  • Low Value: 886,149

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $819,100
  • Assessed Land Value: $521,500
  • Assessed Improvements Value: $297,600

    Sales

  • Current Sale Recording Date: Nov 19, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 30, 1991
  • Previous Sale Amount: $205,000
  • 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:

$992,000

Sale Price/ft²

$553

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30511431

Frequently Asked Questions

When was property at 12 Longview Drive built and last sold?
The property at 12 Longview Drive was built in 1987 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 12 Longview Drive is $0.
What are some comparable homes to 12 Longview Drive?
There are currently no comparable homes to 12 Longview Drive.
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