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Marblehead 01945
13 Westport Ln
$1,200,000
● House - Off Market

13 Westport Ln

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,108 Ft²
$2,168,193
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

This classic Colonial is located in the desirable Westledge neighborhood. This home features 5 bedrooms, 3.5 baths and a gourmet kitchen which opens to a casual dining area and an expansive fireplaced family room. French doors off the family room lead out to the patio and backyard. The formal dining room, located off the kitchen and the living room, provides additional entertaining space and is also accessed off the front foyer. Recently renovated master bedrooms and two additional full baths.   There is a bonus room in the lower level which provides flexibility as a playroom or home gym. Additional features include two car attached garage, central air conditioning, deck, and mature grounds and plantings.
Unit Size
4,108 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$328
Property Type
House
Property Taxes
$1,102
HOA Dues
-
Year Built
1998

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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 #72073681)

Price History

Date / Event Date Event Price
Mar 30, 2017 Sold
Premium
Sold
Sep 27, 2016 Listed by Coldwell Banker Residential Brokerage - Marblehead $1,349,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Oct 14, 1998 Sold
Premium
Sold
Oct 14, 1997 Listed by Coldwell Banker Residential Brokerage - Marblehead $565,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,348
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,008
  • Total Building Area: 4,108
  • Gross Building Area: 6,690
  • Building Area: 4,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0105 B:0039 L:0
  • Block: 39
  • Municipality: MARBLEHEAD
  • Latitude: 42.5034
  • Longitude: -70.8711

    Address

  • Full Address: 13 Westport Ln
  • Address - House Number: 13
  • Address - Street Name: Westport
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C010
  • 4-Digit Zip Code: 1267
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,559,000

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,786,076
  • High Value: 2,064,644
  • Low Value: 1,507,509

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,739,900
  • Assessed Land Value: $887,900
  • Assessed Improvements Value: $852,000

    Sales

  • Current Sale Recording Date: Mar 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140
  • Previous Sale Recording Date: Oct 14, 1998
  • Previous Sale Amount: $565,000
  • 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:

$960,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2928 ft²

Average Home Age

93 years

Currently For Sale

40 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: 5 months ago
Data Source: MLS PIN, MLS# 72073681

Frequently Asked Questions

When was property at 13 Westport Lane built and last sold?
The property at 13 Westport Lane was built in 1998 and last sold on Jan 1, 1970 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 13 Westport Lane is $1,343,802.
What are some comparable homes to 13 Westport Lane?
There are currently no comparable homes to 13 Westport Lane.
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