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Marblehead 01945
147 Jersey St
$400,000
● House - Off Market

147 Jersey St

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$803,068
RealtyHop Estimate
82.56%
Since Feb 1, 2015
MA-Boston
Primary Model

About This Property

Spacious 4-5 bedroom home located a short walk to beach on Salem Harbor. Hardwood on first floor. Smaller 1st floor bedroom could also be an office/den. Large master bedroom. Open office area on 2nd floor.  Old basement playroom has fireplace (not used in 30+ years)  Close to schools.  Family neighborhood. Appliances left as gifts and seller does not warrant condition. Needs renovating and being "sold as is".
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$208
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71763402)

Price History

Date / Event Date Event Price
Jan 9, 2015 Sold
Premium
Sold
Oct 30, 2014 Listed by Coldwell Banker Residential Brokerage - Marblehead $439,900
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,112
  • Gross Building Area: 3,348
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORTER S BEACH SEC B
  • Land Acres: 0000000115
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0123 B:0031 L:0
  • Block: 31
  • Municipality: MARBLEHEAD
  • Latitude: 42.5082
  • Longitude: -70.8685

    Address

  • Full Address: 147 Jersey St
  • Address - House Number: 147
  • Address - Street Name: Jersey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1346
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,400

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 760,865
  • High Value: 891,294
  • Low Value: 630,437

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,800
  • Assessed Land Value: $494,500
  • Assessed Improvements Value: $134,300

    Sales

  • Current Sale Recording Date: Jan 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10900119
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:

$989,000

Sale Price/ft²

$538

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2992 ft²

Average Home Age

92.3 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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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71763402

Frequently Asked Questions

When was property at 147 Jersey Street built and last sold?
The property at 147 Jersey Street was built in 1956 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 147 Jersey Street is $441,810.
What are some comparable homes to 147 Jersey Street?
There are currently no comparable homes to 147 Jersey Street.
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