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Marblehead 01945
153 Lafayette St
$619,900
● House - Off Market

153 Lafayette St

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$821,243
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

This picture-book Expanded 4 bedroom Cape style home is ready to move right in! With updated kitchen and bathrooms, hardwood floors and newer widows, the property has a wonderful flow with traditional details and modern updates. Offering a unique en-suite first floor bedroom and full bathroom. Three bedrooms on the second floor and a family room off the back give this traditional home a much bigger feel than one would expect. There is a wrap-around deck and a nice yard with an oversized shed for storage. Included is an updated heating system which offers central air conditioning. The house is just a short distance to Salem Harbor, Forrest River Conservation area and Wyman Woods Conservation Areas, all with miles of trails, woods and wildlife.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$344
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1948

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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 #72663410)

Price History

Date / Event Date Event Price
Jul 20, 2020 Sold
Premium
Sold
May 28, 2020 Listed by William Raveis R.E. & Home Services $609,000
Listed by William Raveis R.E. & Home Services
Oct 28, 2010 Sold
Premium
Sold
Jul 20, 2010 Listed by William Raveis R.E. & Home Services $459,000
Listed by William Raveis R.E. & Home Services
Aug 30, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,514
  • Total Building Area: 1,768
  • Gross Building Area: 3,662
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAPEL PINES
  • Land Acres: 0000000195
  • 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:0055 B:0005 L:0
  • Block: 5
  • Municipality: MARBLEHEAD
  • Latitude: 42.4957
  • Longitude: -70.8855

    Address

  • Full Address: 153 Lafayette St
  • Address - House Number: 153
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1139
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,000

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 849,598
  • High Value: 995,085
  • Low Value: 704,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $685,300
  • Assessed Land Value: $458,300
  • Assessed Improvements Value: $227,000

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200720004130
  • Previous Sale Recording Date: Oct 28, 2010
  • Previous Sale Amount: $441,500
  • 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

$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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72663410

Frequently Asked Questions

When was property at 153 Lafayette Street built and last sold?
The property at 153 Lafayette Street was built in 1948 and last sold on Jul 15, 2020 for $619,900.
How much is this home worth?
The estimated value of the home located at 153 Lafayette Street is $633,184.
What are some comparable homes to 153 Lafayette Street?
There are currently no comparable homes to 153 Lafayette Street.
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