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Marion Center 02738
12 Shellheap Rd
$1,250,000
● House - Off Market

12 Shellheap Rd

Marion, MA 02738
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,529 Ft²
$1,292,127
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Charming Cape in the Seaside town of Marion - water views and mere steps to Silvershell beach, park & playground. Ideal location near the village and "town". This home has three beds &  three full baths.  2nd floor primary with ensuite bath & walk-in closet provides views to beautiful Sippican Harbor and abuts the final bedroom and bath. The kitchen and oversized living/dining room has hardwood flooring, a gas fireplace & direct access to wraparound deck (perfect for spring, summer & fall entertaining).  On the main living floor, the 3rd bedroom could double as a playroom or home office. New renovated partial finished basement, with walkout and garage access, could be a family room/gym combo.
Unit Size
2,529 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$502
Property Type
House
Property Taxes
$685
HOA Dues
-
Year Built
1992

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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 #73048692)

Price History

Date / Event Date Event Price
Apr 5, 2023 Sold
Premium
Sold
Oct 31, 2022 In contract -
In contract
Oct 16, 2022 Listed by Keith Brokerage, LLC $1,270,000
Listed by Keith Brokerage, LLC
Nov 5, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 504
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,856
  • Total Building Area: 2,529
  • Gross Building Area: 5,564
  • Building Area: 2,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,529
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000548
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marion School District
  • Census Tract: 561100

Geography

  • Parcel: MARI M:0017 B:026D L:0000
  • Block: 26D
  • Municipality: MARION
  • Latitude: 41.6943
  • Longitude: -70.7589

    Address

  • Full Address: 12 Shellheap Rd
  • Address - House Number: 12
  • Address - Street Name: Shellheap
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marion
  • Zip Code: 02738

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $818,100

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 1,066,554
  • High Value: 1,265,479
  • Low Value: 867,629

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $883,470
  • Assessed Land Value: $436,470
  • Assessed Improvements Value: $447,000

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20414
  • Previous Sale Recording Date: Nov 05, 2018
  • Previous Sale Amount: $630,000
  • 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 Marion Center

Stats & Trends

Median Asking:

$1,495,000

Sale Price/ft²

$581

Above Asking

0.00%

Average Days on Market

42

Average Home Size

2540 ft²

Average Home Age

115 years

Currently For Sale

10 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 months ago
Data Source: MLS PIN, MLS# 73048692

Frequently Asked Questions

When was property at 12 Shell Heap Road built and last sold?
The property at 12 Shell Heap Road was built in 1992 and last sold on Mar 27, 2023 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 12 Shell Heap Road is $1,284,239.
What are some comparable homes to 12 Shell Heap Road?
There are currently no comparable homes to 12 Shell Heap Road.
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