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Marblehead 01945
159 Atlantic Avenue
Photo of 159 Atlantic Avenue
Sold on Mar 31, 2010

1

Map

$711,000
● House - Off Market

159 Atlantic Avenue

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,278 Ft²
$1,519,858
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

The charm of New England permeates this 3278 sq. ft. Colonial located in the desirable Goldthwait area.  Built in 1900 on almost a half acre of land with an extra long driveway off of Beach Street, this property boasts 5 fireplaces, nicely proportioned rooms, custom built-ins, central AC, cherry kitchen,  walk-up attic and detached 2-car garage.  Plenty of space outdoors with a covered front porch, spacious and fenced yard and back deck. Recent updates include newer roof and heating system.
Unit Size
3,278 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$222
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #71020728)

Price History

Date / Event Date Event Price
Mar 31, 2010 Sold
Premium
Sold
Jan 19, 2010 Listed $729,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,446
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,419
  • Total Building Area: 3,159
  • Gross Building Area: 6,763
  • Building Area: 3,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,159
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOANE ESTATE
  • Land Acres: 0000000423
  • 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:0068 B:0041 L:0
  • Block: 41
  • Municipality: MARBLEHEAD
  • Latitude: 42.493
  • Longitude: -70.8634

    Address

  • Full Address: 159 Atlantic Ave
  • Address - House Number: 159
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C044
  • 4-Digit Zip Code: 2909
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,152,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,388,011
  • High Value: 1,614,140
  • Low Value: 1,161,882

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,286,700
  • Assessed Land Value: $647,900
  • Assessed Improvements Value: $638,800

    Sales

  • Current Sale Recording Date: Mar 31, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$999,950

Sale Price/ft²

$533

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2606 ft²

Average Home Age

93 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71020728

Frequently Asked Questions

When was property at 159 Atlantic Avenue built and last sold?
The property at 159 Atlantic Avenue was built in 1900 and last sold on Jan 1, 1970 for $711,000.
How much is this home worth?
The estimated value of the home located at 159 Atlantic Avenue is $808,616.
What are some comparable homes to 159 Atlantic Avenue?
There are currently no comparable homes to 159 Atlantic Avenue.
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