Marblehead
147 Front Street #2
$420,000
●
Condo -
Off Market
147 Front Street #2
Marblehead, MA 01945
2 Beds
1 Bath
1,141 Ft²
$834,655
RealtyHop Estimate
98.73%
Since Mar 1, 2004
MA-Boston
Primary Model
About This Property
DIRECT WATERFRONT CONDO IN MARBLEHEAD'S OLD TOWN. ENJOY CANDLELIT
DINNERS, COZY FIRESIDE EVENINGS OR SNACKS ON THE PORCH ALL
OVERLOOKING THE SIGHTS AND SOUNDS OF THE HARBOR.
Unit Size
1,141 Ft²
Days on Market
-
Land Size
-
Price per sqft
$368
Property Type
Condo
Property Taxes
$230
HOA Dues
$370
Year Built
-
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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 years ago (MLSPIN #30805856)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Oct 17, 2014 | Sold | ||
| Sold | |||
| Aug 19, 2014 | Listed by Sagan Harborside Sotheby's International Realty | $695,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Open your new front door to sweeping ocean views and the sounds of waves lapping against the shore. This newly renovated, two-bedroom harbor front condominium is located in the heart of Marblehead's Old Town Historic District and has views from Children’s Island to Halfway Rock and from Marblehead Light to the end of the Harbor. With Fort Sewall and Fort Beach just steps away it is just a short walk to ships, dining and grocery shopping. Top of the line finishes and decor feel like a private beach house. Enjoy the open floor plan, modern kitchen featuring sleek European-style high-end appliances and granite countertops, and a wood-burning fireplace with custom hand-crafted mantle. Includes two reserved parking spaces, a storage room, air-conditioning, gas heat and washer and dryer.
| |||
| Jun 28, 2012 | Sold | ||
| Sold | |||
| May 17, 2011 | Listed by William Raveis R.E. & Home Services | $628,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
The exceptional renovation of this harborfront unit at the Adams House includes a Brazilian granite and cherry kitchen with Sub-Zero and Mieile appliances, a custom granite and carved mahogany mantle and more. The harbor views encompass almost every part of the harbor and the ocean views span from Fort Sewall out to Children's and Baker's Islands and beyond. The setting from the spacious front porch, sitting at the mouth of Marblehead Harbor, is truly one-of-a-kind. Storage and 2 car parking.
| |||
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Property Highlights
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: In Basement
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Marblehead Harbor Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 2027188
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $326,000
Tax Annual Amount: $2,764
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
HOA Fee: $370
Community Features: Shopping, Park
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/06/2021
|
2 Bed
|
1 Bath
|
1142 ft²
|
$799,900
2 Bed
1 Bath
1142 ft²
|
$810,000
+1.26%
06/03/2021
|
Sean Gildea
Sagan Harborside Sotheby's International Realty
| |
|
08/19/2014
|
2 Bed
|
1 Bath
|
1141 ft²
|
$695,000
2 Bed
1 Bath
1141 ft²
|
$695,000
10/17/2014
|
All Marblehead
Sagan Harborside Sotheby's International Realty
| |
|
07/09/2014
|
2 Bed
|
2 Bath
|
1261 ft²
|
$790,000
2 Bed
2 Bath
1261 ft²
|
$775,000
-1.90%
10/16/2014
|
Arthur Silvano
The Silvano Group
| |
|
02/05/2013
|
2 Bed
|
1 Bath
|
1142 ft²
|
$599,000
2 Bed
1 Bath
1142 ft²
|
$575,000
-4.01%
04/16/2013
|
Steven White
Assist 2 Sell, Cape & Islands
| |
|
05/17/2011
|
2 Bed
|
1 Bath
|
1141 ft²
|
$628,000
2 Bed
1 Bath
1141 ft²
|
$600,000
-4.46%
06/28/2012
|
Jack Attridge
William Raveis R.E. & Home Services
| |
|
01/31/2010
|
2 Bed
|
1 Bath
|
1140 ft²
|
$585,000
2 Bed
1 Bath
1140 ft²
|
$585,000
04/05/2010
|
Craig Sager
Harborside Realty
| |
|
10/20/2009
|
2 Bed
|
1 Bath
|
1170 ft²
|
$599,000
2 Bed
1 Bath
1170 ft²
|
$575,000
-4.01%
12/02/2009
|
Peter Lake
| |
|
05/28/2008
|
2 Bed
|
1 Bath
|
1170 ft²
|
$510,000
2 Bed
1 Bath
1170 ft²
|
$499,000
-2.16%
07/11/2008
|
Joyce Waugh
William Raveis R.E. & Home Services
| |
|
04/16/2007
|
2 Bed
|
1 Bath
|
1142 ft²
|
$479,000
2 Bed
1 Bath
1142 ft²
|
$479,000
05/25/2007
|
Carole Cressy
Carlson GMAC Real Estate
| |
|
01/16/2007
|
2 Bed
|
1 Bath
|
1170 ft²
|
$425,000
2 Bed
1 Bath
1170 ft²
|
$400,000
-5.88%
03/20/2007
|
Carole Cressy
Carlson GMAC Real Estate
| |
|
02/17/2004
|
2 Bed
|
1 Bath
|
1144 ft²
|
$439,000
2 Bed
1 Bath
1144 ft²
|
$439,000
04/07/2004
|
Heidi Magee
Carlson GMAC Real Estate
| |
|
01/22/2004
|
2 Bed
|
1 Bath
|
1141 ft²
|
$420,000
2 Bed
1 Bath
1141 ft²
|
$420,000
02/27/2004
|
Cynthia Kilbarger
RE/MAX 360
| |
|
12/11/2001
|
2 Bed
|
1 Bath
|
1170 ft²
|
$369,900
2 Bed
1 Bath
1170 ft²
|
$360,250
-2.61%
06/13/2002
|
Claire Dembowski
RE/MAX 360
| |
|
11/27/2001
|
2 Bed
|
1 Bath
|
1170 ft²
|
$379,000
2 Bed
1 Bath
1170 ft²
|
$379,000
03/29/2002
|
Alice Arena
Coldwell Banker Residential Brokerage - Marblehead
| |
|
09/17/2001
|
2 Bed
|
1 Bath
|
1142 ft²
|
$370,000
2 Bed
1 Bath
1142 ft²
|
$375,000
+1.35%
02/14/2002
|
Joan Demakis
Carlson GMAC Real Estate
| |
|
08/14/2001
|
2 Bed
|
1 Bath
|
9999 ft²
|
$359,000
2 Bed
1 Bath
9999 ft²
|
$376,000
+4.74%
10/19/2001
|
Heidi Magee
Carlson GMAC Real Estate
| |
|
06/13/1997
|
2 Bed
|
1 Bath
|
1142 ft²
|
$259,900
2 Bed
1 Bath
1142 ft²
|
$259,000
-0.35%
06/13/1997
|
Dorothy Jarvis
Coldwell Banker Residential Brokerage - Marblehead
| |
|
10/24/1994
|
2 Bed
|
1 Bath
|
-
|
$189,000
2 Bed
1 Bath
|
$183,750
-2.78%
10/31/1995
|
Patricia Davern
Conway - Swampscott
| |
|
03/27/1992
| |
2 Bed
|
1 Bath
|
1179 ft²
|
$159,000
2 Bed
1 Bath
1179 ft²
|
$105,000
-33.96%
03/31/1993
|
Gretchen Rickards
Gretchen Rickards
|
Building Info
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