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Marblehead 01945
14 Arrowhead Road
$817,000
● House - Off Market

14 Arrowhead Road

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,128 Ft²
$1,420,923
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Sunlit Contemporary in desirable neighborhood on spacious and exquisitely landscaped corner lot offering privacy and space.  Walls of windows blur the distinction between inside and out and flood the open concept space with light and beautiful views of rolling lawn, ledge outcroppings, and gardens.  A true 5 bedroom and three bath home with a great layout for in-law or home office need with a separate entrance and few stairs.  Soaring ceilings, hardwood floors, three huge picture windows and a gorgeous fireplace make for a dramatic and unique home. New roof, updated gas systems, gas cooking, new driveway, pea stone patio, and a special little playhouse with fireplace.  This is a very unique and special opportunity.  Mid century modern with a Frank Lloyd Wright vibe.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$385
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1954

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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 months ago (MLSPIN #71825346)

Price History

Date / Event Date Event Price
Jul 30, 2015 Sold
Premium
Sold
Apr 28, 2015 Listed by William Raveis R.E. & Home Services $819,000
Listed by William Raveis R.E. & Home Services
Jun 30, 2004 Sold
Premium
Sold
May 13, 2004 Listed by William Raveis R.E. & Home Services $739,900
Listed by William Raveis R.E. & Home Services
Jul 8, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,690
  • Total Building Area: 2,926
  • Gross Building Area: 4,000
  • Building Area: 2,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,926
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD CLFS REALTY TR SEC
  • Land Acres: 0000000429
  • 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:0075 B:0013 L:0
  • Block: 13
  • Municipality: MARBLEHEAD
  • Latitude: 42.4981
  • Longitude: -70.8775

    Address

  • Full Address: 14 Arrowhead Rd
  • Address - House Number: 14
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1234
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,076,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,333,402
  • High Value: 1,541,368
  • Low Value: 1,125,436

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,201,500
  • Assessed Land Value: $814,600
  • Assessed Improvements Value: $386,900

    Sales

  • Current Sale Recording Date: Jul 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Amount: $755,500
  • 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:

$995,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71825346

Frequently Asked Questions

When was property at 14 Arrowhead Road built and last sold?
The property at 14 Arrowhead Road was built in 1954 and last sold on Jan 1, 1970 for $817,000.
How much is this home worth?
The estimated value of the home located at 14 Arrowhead Road is $826,451.
What are some comparable homes to 14 Arrowhead Road?
There are currently no comparable homes to 14 Arrowhead Road.
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