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Marblehead 01945
16 Dennett Road
$690,000
● House - Off Market

16 Dennett Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,691 Ft²
$1,042,056
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

MARBLEHEAD NECK OPPORTUNITY~ Ocean Views from upper level. This 4 bedroom 3.5 bath Colonial home built in 1970 is well located near the end of a Cul de Sac. Steps also to the Audubon Bird Sanctuary (20 Acres). Spacious rooms, hardwood floors, 2 fireplaces, Above grade lower level game room with full bath and Sauna. Expansive rear deck overlooking level back yard area. Great attic storage and additional space in lower level for workshop/storage. This home contains an "opportunity to personalize". These opportunities include: Kitchen, bathrooms & windows. Heat and Hot water are 2005 (Weil Mclain heating system and SuperStor Hot Water.) Off the beaten track on Marblehead Neck. The property is being sold "as is". Offers due in by 5pm Monday 4/29 response by 1pm on Tuesday 4/30.
Unit Size
2,691 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$271
Property Type
House
Property Taxes
$876
HOA Dues
-
Year Built
1970

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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 #72488591)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 25, 2019 Listed by William Raveis R.E. & Home Services $729,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,022
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,691
  • Gross Building Area: 3,458
  • Building Area: 2,691
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,691
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: LSR

Geography

  • District: 168
  • Parcel: MARB M:0912 B:015A L:0
  • Block: 15A
  • Municipality: MARBLEHEAD
  • Latitude: 42.4919
  • Longitude: -70.8376

    Address

  • Full Address: 16 Dennett Rd
  • Address - House Number: 16
  • Address - Street Name: Dennett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C012
  • 4-Digit Zip Code: 3713
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,168,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,190,225
  • High Value: 1,393,382
  • Low Value: 987,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,304,200
  • Assessed Land Value: $989,000
  • Assessed Improvements Value: $315,200

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190531005220
  • Previous Sale Recording Date: Aug 28, 2014
  • 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:

$995,000

Sale Price/ft²

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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# 72488591

Frequently Asked Questions

When was property at 16 Dennett Road built and last sold?
The property at 16 Dennett Road was built in 1970 and last sold on May 29, 2019 for $690,000.
How much is this home worth?
The estimated value of the home located at 16 Dennett Road is $772,377.
What are some comparable homes to 16 Dennett Road?
There are currently no comparable homes to 16 Dennett Road.
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