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Marblehead 01945
122 West Shore Drive
Photo of 122 West Shore Drive
Sold on Aug 31, 2011

1

Map

$525,000
● House - Off Market

122 West Shore Drive

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,140,297
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Charming  Classic Center Entrance Garrison Colonial set on a beautiful large landscaped lot with mature plantings.  Deeded beach rights to Wyman's Cove. Yard backs up to conservation land. Newer family room and deck with access to backyard.. Newer kitchen appliances. Wonderful opportunity to live in a very convenient location near schools, parks, walking trails and shopping.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$220
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1949

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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: 5 months ago (MLSPIN #71210848)

Price History

Date / Event Date Event Price
Aug 31, 2011 Sold
Premium
Sold
Apr 5, 2011 Listed by Sagan Agency REALTORS® $549,900
Listed by Sagan Agency REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,072
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,429
  • Total Building Area: 2,281
  • Gross Building Area: 3,497
  • Building Area: 2,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,281
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000331
  • 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:0102 B:0001 L:0
  • Block: 1
  • Municipality: MARBLEHEAD
  • Latitude: 42.5011
  • Longitude: -70.8728

    Address

  • Full Address: 122 W Shore Dr
  • Address - House Number: 122
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1235
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $868,600

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,083,865
  • High Value: 1,249,850
  • Low Value: 917,879

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $969,400
  • Assessed Land Value: $577,200
  • Assessed Improvements Value: $392,200

    Sales

  • Current Sale Recording Date: Aug 31, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$960,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 71210848

Frequently Asked Questions

When was property at 122 West Shore Drive built and last sold?
The property at 122 West Shore Drive was built in 1949 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 122 West Shore Drive is $599,969.
What are some comparable homes to 122 West Shore Drive?
There are currently no comparable homes to 122 West Shore Drive.
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