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Marblehead 01945
152 West Shore Drive
$415,000
● House - Off Market

152 West Shore Drive

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$620,642
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

WELCOME to MARBLEHEAD!  -  MANAGEABLE, AFFORDABLE AND APPEALING  2 bedroom/1.5 bathroom CLASSIC CAPE  --  A GREAT CONDO ALTERNATIVE.  The southern exposure on the front of the home makes the comfortable living and dining rooms especially bright and cheerful. There is a half bath and a decent size kitchen with direct access to the back deck which overlooks the spacious, fenced yard.  Upstairs there are two dormered bedrooms and a full tile bathroom.  Hardwood floors and thermal windows throughout. Though this home is quite livable as it is, please note that the asking price is well below assessed value to offset the age and condition of the kitchen and the garage. Open Sun 3/10 1-2:30
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$341
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1952

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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: 4 months ago (MLSPIN #72461901)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Apr 12, 2019 Sold
Premium
Sold
Mar 7, 2019 Listed by RE/MAX Advantage Real Estate $430,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,020
  • Total Building Area: 1,260
  • Gross Building Area: 2,304
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0105 B:0019 L:0
  • Block: 19
  • Municipality: MARBLEHEAD
  • Latitude: 42.5023
  • Longitude: -70.8703

    Address

  • Full Address: 152 W Shore Dr
  • Address - House Number: 152
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1357
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $529,600

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 692,853
  • High Value: 818,926
  • Low Value: 566,780

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,100
  • Assessed Land Value: $462,400
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210416003890
  • Previous Sale Recording Date: Apr 12, 2019
  • Previous Sale Contract Date: Apr 08, 2019
  • Previous Sale Amount: $415,000
  • 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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2886 ft²

Average Home Age

92.8 years

Currently For Sale

42 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: 4 months ago
Data Source: MLS PIN, MLS# 72461901

Frequently Asked Questions

When was property at 152 West Shore Drive built and last sold?
The property at 152 West Shore Drive was built in 1952 and last sold on Apr 16, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 152 West Shore Drive is $447,796.
What are some comparable homes to 152 West Shore Drive?
There are currently no comparable homes to 152 West Shore Drive.
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