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Marblehead 01945
14 Robert Road
$850,000
● House - Off Market

14 Robert Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,902 Ft²
$991,782
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

*Contractors Wanted... next owner will need to usher in the next chapter of it's life...Walking distance to Conservation Area with Hiking/jogging Trails (Leading to the Salem Harbor Waterfront), Gatchell's Park, Veterans Middle School, Marblehead High School, Library, Several Private Schools including Tower School and St. Andrews Church.  This 2,902 Sq. Ft. home features Front to Back Living Room with fireplace, 3 good size bedrooms, 2 1/2 baths, hardwood floors, sky light windows, Custom built ins in dining room, Center Island in Kitchen with adjoining sitting area with lots of windows over looking a private back yard with deck and shed... garage can park two cars tandem, property sited on 10,000 Sq. feet of Land...Enjoy this Chaple Hill Neighborhood!
Unit Size
2,902 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$344
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
1925

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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 #73120620)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 23, 2023 In contract -
In contract
Jun 5, 2023 Listed by J.Gagnon Real Estate Associates $999,000
Listed by J.Gagnon Real Estate Associates
Nov 18, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 980
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,902
  • Gross Building Area: 4,821
  • Building Area: 2,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,902
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0053 B:0023 L:0
  • Block: 23
  • Municipality: MARBLEHEAD
  • Latitude: 42.4936
  • Longitude: -70.8803

    Address

  • Full Address: 14 Robert Rd
  • Address - House Number: 14
  • Address - Street Name: Robert
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1263
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $821,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 987,126
  • High Value: 1,147,807
  • Low Value: 826,445

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $917,000
  • Assessed Land Value: $556,500
  • Assessed Improvements Value: $360,500

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20230828000970
  • Previous Sale Recording Date: Nov 18, 1993
  • Previous Sale Amount: $292,000
  • 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

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73120620

Frequently Asked Questions

When was property at 14 Robert Road built and last sold?
The property at 14 Robert Road was built in 1925 and last sold on Aug 23, 2023 for $850,000.
How much is this home worth?
The estimated value of the home located at 14 Robert Road is $1,026,840.
What are some comparable homes to 14 Robert Road?
There are currently no comparable homes to 14 Robert Road.
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