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Marblehead 01945
15 Ruby Ave
$520,000
● House - Off Market

15 Ruby Ave

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,627 Ft²
$951,998
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

Conveniently located in the new Glover School district on a quiet, family friendly street in the Clifton area, this Ruby Ave colonial has all the amenities you would want in your new home. This 3 bedroom, 1.5 bath offers a new kitchen with granite countertops, new bathrooms, newer roof, and a newly fenced in over sized yard with beautiful brand new patio for outdoor entertaining.  Additional recent enhancements include a new heating system, windows, and a brand new hot water heater.  You will have easy access to Preston Beach, downtown Marblehead and Vinnin Square for quick and convenient shopping.
Unit Size
1,627 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$323
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #71756460)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by MerryFox Realty $689,000
Listed by MerryFox Realty
Mar 30, 2015 Sold
Premium
Sold
Oct 14, 2014 Listed by MerryFox Realty $524,900
Listed by MerryFox Realty
May 26, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,627
  • Gross Building Area: 2,605
  • Building Area: 1,627
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,627
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEDESCO LAWN
  • Land Acres: 0000000138
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0014 B:0052 L:0
  • Block: 52
  • Municipality: MARBLEHEAD
  • Latitude: 42.4849
  • Longitude: -70.8884

    Address

  • Full Address: 15 Ruby Ave
  • Address - House Number: 15
  • Address - Street Name: Ruby
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1622
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $721,600

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 835,509
  • High Value: 978,637
  • Low Value: 692,380

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $805,400
  • Assessed Land Value: $533,300
  • Assessed Improvements Value: $272,100

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211020003130
  • Previous Sale Recording Date: Mar 30, 2015
  • Previous Sale Amount: $520,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 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: 4 months ago
Data Source: MLS PIN, MLS# 71756460

Frequently Asked Questions

When was property at 15 Ruby Avenue built and last sold?
The property at 15 Ruby Avenue was built in 1930 and last sold on Oct 20, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 15 Ruby Avenue is $698,507.
What are some comparable homes to 15 Ruby Avenue?
There are currently no comparable homes to 15 Ruby Avenue.
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