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Marblehead 01945
15 Harbor Avenue
Photo of 15 Harbor Avenue
Sold on Aug 7, 2007

1

Map

$1,000,000
● House - Off Market

15 Harbor Avenue

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,651 Ft²
$2,156,460
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Positioned comfortably up on a hill, this property affords privacy and  harbor views.  It is a well constructed home built in 1934, has a flexible floor plan, ample space, a second floor, lower level, and, a two car garage.  The backyard is shrouded by mature trees and bushes, and has plenty of room to relax or play.  Short walks away are Devereux Beach, River Head Beach, and Goldthwait Reservation.  The peaceful Bird Sanctuary and activity filled yacht clubs are nearby.
Unit Size
2,651 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$434
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
2008

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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 #70569424)

Price History

Date / Event Date Event Price
Mar 2, 2018 Sold
Premium
Sold
Aug 7, 2007 Sold
Premium
Sold
May 1, 2007 Listed $1,150,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 2,429
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,268
  • Total Building Area: 4,027
  • Gross Building Area: 7,033
  • Building Area: 4,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 4,027
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAMES C & KARLA A PINGETON
  • Land Acres: 0000000328
  • 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: 203200

Zoning

  • Zoning: LSR

Geography

  • District: 168
  • Parcel: MARB M:0901 B:0009 L:0
  • Block: 9
  • Municipality: MARBLEHEAD
  • Latitude: 42.493
  • Longitude: -70.8449

    Address

  • Full Address: 15 Harbor Ave
  • Address - House Number: 15
  • Address - Street Name: Harbor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C011
  • 4-Digit Zip Code: 3605
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,932,100

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,863,569
  • High Value: 2,154,223
  • Low Value: 1,572,915

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,156,400
  • Assessed Land Value: $1,592,300
  • Assessed Improvements Value: $564,100

    Sales

  • Current Sale Recording Date: Mar 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180302001010
  • Previous Sale Recording Date: Aug 07, 2007
  • Previous Sale Amount: $1,000,000
  • 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:

$995,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2929 ft²

Average Home Age

95.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70569424

Frequently Asked Questions

When was property at 15 Harbor Avenue built and last sold?
The property at 15 Harbor Avenue was built in 2008 and last sold on Jan 1, 1970 for $1,175,000.
How much is this home worth?
The estimated value of the home located at 15 Harbor Avenue is $1,169,389.
What are some comparable homes to 15 Harbor Avenue?
There are currently no comparable homes to 15 Harbor Avenue.
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