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Marblehead 01945
14 Stacey St
$650,000
● House - Off Market

14 Stacey St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,548 Ft²
$1,212,729
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Unique opportunity in the heart of Marblehead's Historic District. 3 bedroom, 1.5 bath, hardwood throughout. Additional office on 2nd floor. 3 season, enclosed porch overlooks spacious, private fenced yard with established gardens. Rare garage, yard space and 4 car parking for Old Town and walking distance to beaches, shops and restaurants. Shows great!
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$452
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1905

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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 #71855228)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Jul 27, 2021 Listed by Counsel Realty $1,350,000
Listed by Counsel Realty
Jul 30, 2015 Sold
Premium
Sold
Jun 11, 2015 Listed by Counsel Realty $699,000
Listed by Counsel Realty
Aug 12, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 759
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,653
  • Total Building Area: 2,440
  • Gross Building Area: 3,122
  • Building Area: 2,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 203302

Zoning

  • Zoning: CR

Geography

  • District: 168
  • Parcel: MARB M:0165 B:0072 L:0
  • Block: 72
  • Municipality: MARBLEHEAD
  • Latitude: 42.5068
  • Longitude: -70.847

    Address

  • Full Address: 14 Stacey St
  • Address - House Number: 14
  • Address - Street Name: Stacey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C001
  • 4-Digit Zip Code: 3565
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,358,400

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,457,395
  • High Value: 1,707,057
  • Low Value: 1,207,732

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,516,100
  • Assessed Land Value: $807,900
  • Assessed Improvements Value: $708,200

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210929001560
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: O
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

$538

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2910 ft²

Average Home Age

90.7 years

Currently For Sale

36 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# 71855228

Frequently Asked Questions

When was property at 14 Stacey Street built and last sold?
The property at 14 Stacey Street was built in 1905 and last sold on Sep 29, 2021 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 14 Stacey Street is $1,380,165.
What are some comparable homes to 14 Stacey Street?
There are currently no comparable homes to 14 Stacey Street.
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