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Marblehead 01945
139 W Shore Dr
$425,000
● House - Off Market

139 W Shore Dr

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,079 Ft²
$799,692
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Great opportunity to get into "entry level" Marblehead.  Bright, spacious, sun-filled 3 bedroom plus office Cape on 12,000+ s.f. lot. This open concept home offers a huge eat-in kitchen with bay window overlooking a large private yard and deck. Plenty of room for expansion!  Gorgeous back yard.  Property is abutting conservation land and biking/walking trails just minutes to town! The beach and shopping are only moments away. Recent improvements include new roof, energy-efficient heating system, new windows and recently painted exterior. All major work completed, here is an exceptional opportunity for you to create and finish your dream home to your own unique tastes!  Bring your contractor!  Parking for 5 cars including a one car garage and plenty of storage.
Unit Size
2,079 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$211
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1942

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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 #71707771)

Price History

Date / Event Date Event Price
Dec 29, 2014 Sold
Premium
Sold
Jul 1, 2014 Listed by Beacon Properties $439,000
Listed by Beacon Properties
May 28, 2010 Sold
Premium
Sold
Jan 19, 2010 Listed by Beacon Properties $399,000
Listed by Beacon Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,188
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,149
  • Total Building Area: 1,985
  • Gross Building Area: 3,804
  • Building Area: 1,985
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,985
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND MARBLEHEAD
  • Land Acres: 0000000279
  • 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:0100 B:0022 L:0
  • Block: 22
  • Municipality: MARBLEHEAD
  • Latitude: 42.5014
  • Longitude: -70.8712

    Address

  • Full Address: 139 W Shore Dr
  • Address - House Number: 139
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1343
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 832,251
  • High Value: 974,916
  • Low Value: 689,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $693,800
  • Assessed Land Value: $546,100
  • Assessed Improvements Value: $147,700

    Sales

  • Current Sale Recording Date: Dec 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1.22E+8
  • Previous Sale Recording Date: May 28, 2010
  • Previous Sale Amount: $390,000
  • 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# 71707771

Frequently Asked Questions

When was property at 139 West Shore Drive built and last sold?
The property at 139 West Shore Drive was built in 1942 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 139 West Shore Drive is $482,942.
What are some comparable homes to 139 West Shore Drive?
There are currently no comparable homes to 139 West Shore Drive.
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