42
Map
$1,150,000
●
House -
In Contract
14 Willow Road
Marblehead, MA 01945
3 Beds
2 Baths,
1
Half Bath
2,288 Ft²
$6,249
Est. Monthly
2.71%
Cap Rate
About This Property
14 Willow Rd, Marblehead. Beautifully updated 3+ BR, 2.5 BA w/
stunning Salem Harbor views. Moments from Village Street Dock, you
will be sitting on your front deck watching the boats sail by.
Freshly painted home has refinished HW floors on the 1st & 2nd
levels. Main floor features a spacious living room, half bath
w/laundry, updated kitchen w/ quartz, SS appliances, backsplash.
dining area with custom built in dry bar with wine fridge 2024.
Slider leads to a fenced rear yard w/ a 2 year new 6-person
saltwater hot tub & a wraparound porch. The 2nd floor offers a
spacious primary suite w/ 6.5 x 7.5 walk-in closet & ensuite plus 2
additional bedrooms & a second full bath. The walk up 3rd floor
provides 2 flexible living areas w/ breathtaking harbor views,
perfect for your extra needs. Move-in ready; exceptional
indoor/outdoor living; prime location. Roof 2017; HVAC 2023, 4
mini-splits; 2 zone gas heating; Stainless hot water tank; 200 AMP
Electric; Washer/Dryer 2024 to stay as gift.
Unit Size
2,288 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$503
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1940
Listed By
Katie DiVirgilio
RE/MAX 360
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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: 13 days ago (MLSPIN #73545846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Relisted | $1,200,000 | |
| Relisted | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by RE/MAX 360 | $1,200,000 | |
| Listed by RE/MAX 360 | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Off Street, Paved, Under
Garage Spaces: 2
Open Parking Spaces: 5
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bonus Room
Appliances: Gas Water Heater, Range, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: Electric Dryer Hookup, First Floor
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Interior Entry, Unfinished
Exterior Details
Square Footage: 2288
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1940
Waterfront Features: Beach Access, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Area Total: 2288
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Features: Gentle Sloping
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5532
Water Source: Public
Financial Details
Tax Assessed Value: $840,300
Tax Annual Amount: $7,218
Utilities Details
Cooling Type: Ductless
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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