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Marblehead 01945
15 Willow Road
$445,000
● House - Off Market

15 Willow Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,596 Ft²
$967,497
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

PRICE REDUCED! Fabulous Multi-level Contemporary with seasonal water views. This 8 room home features an open-concept living area with gas FP and opening to a new Trek deck. Granite kitchen, hardwood floors, 4 BR, 3 full baths, FR and playroom. Master suite with views of Salem harbor. Walk to the Village School and Village Street dock. Sellers to contribute $7,500 to closing costs. Home Warranty from American Home Shield provided by sellers.
Unit Size
3,596 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$132
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1940

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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 #71330054)

Price History

Date / Event Date Event Price
Jun 25, 2012 Sold
Premium
Sold
Jan 22, 2012 Listed by William Raveis R.E. & Home Services $475,000
Listed by William Raveis R.E. & Home Services
Aug 28, 2009 Sold
Premium
Sold
Jul 29, 2009 Listed by William Raveis R.E. & Home Services $499,000
Listed by William Raveis R.E. & Home Services
Dec 28, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 3,128
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,440
  • Total Building Area: 4,691
  • Gross Building Area: 6,588
  • Building Area: 4,691
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,691
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUENA VISTA
  • Land Acres: 0000000056
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0104 B:0014 L:0
  • Block: 14
  • Municipality: MARBLEHEAD
  • Latitude: 42.5045
  • Longitude: -70.8722

    Address

  • Full Address: 15 Willow Rd
  • Address - House Number: 15
  • Address - Street Name: Willow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C010
  • 4-Digit Zip Code: 1344
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,700

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 912,667
  • High Value: 1,054,309
  • Low Value: 771,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $808,800
  • Assessed Land Value: $456,000
  • Assessed Improvements Value: $352,800

    Sales

  • Current Sale Recording Date: Jun 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 28, 2009
  • Previous Sale Amount: $500,000
  • 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:

$960,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 years

Currently For Sale

37 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71330054

Frequently Asked Questions

When was property at 15 Willow Road built and last sold?
The property at 15 Willow Road was built in 1940 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 15 Willow Road is $580,098.
What are some comparable homes to 15 Willow Road?
There are currently no comparable homes to 15 Willow Road.
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