$318,000
●
Condo -
Off Market
16 Evans Road #1
Marblehead, MA 01945
2 Beds
1 Bath
983 Ft²
$430,530
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model
About This Property
Walk to town from this first level 1 bedroom condo. Spacious
and fully applianced eat in kitchen, wide pine floors and laminate,
full bath, washer/dryer in unit, and nice period details. Bedroom
with huge walk in closet. Storage in basement. Built in
wall ac unit in living room. Sweet yard and convenient
parking. Currently one owner owns both units so property is
also available as a multi family in mls.
Unit Size
983 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$320
Property Type
Condo
Property Taxes
$262
HOA Dues
-
Year Built
-
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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: 4 months ago (MLSPIN #72651713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by William Raveis R.E. & Home Services | $315,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Mar 18, 2013 | Sold | ||
| Sold | |||
| Oct 21, 2004 | Sold | ||
| Sold | |||
| Jun 4, 2004 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $259,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
| | |||
|
Great opportunity to live affordably in Marblehead. 2 bedroom 1st floor condo with yard and gardens,2/3 car parking close to all the town has to offer. No condo fees. Unit freshly painted with wide pine floors and carpeting. Laundry on 1st floor, storage in basement. antique
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Laminate
Laundry Features: In Unit, First Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 983
Year Built Source: Public Records
Year Built: 1880
Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Name: 16 Evans Road Condominium Trust
Building Area Total: 983
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 4000
Water Source: Public
Financial Details
Tax Assessed Value: $302,200
Tax Annual Amount: $3,140
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2020
|
1 Bed
|
1 Bath
|
642 ft²
|
$285,000
1 Bed
1 Bath
642 ft²
|
$290,550
+1.95%
07/13/2020
|
Vincent Serino
Century 21 North East
| |
|
05/05/2020
|
2 Bed
|
1 Bath
|
983 ft²
|
$315,000
2 Bed
1 Bath
983 ft²
|
$318,000
+0.95%
06/22/2020
|
Jane Clayton
William Raveis R.E. & Home Services
| |
|
01/07/2013
|
1 Bed
|
1 Bath
|
642 ft²
|
$150,000
1 Bed
1 Bath
642 ft²
|
$144,000
-4.00%
02/15/2013
|
James Armstrong
First Team Realty, LLC
| |
|
06/04/2004
|
2 Bed
|
1 Bath
|
983 ft²
|
$259,000
2 Bed
1 Bath
983 ft²
|
$250,000
-3.47%
10/21/2004
|
Chuck Carey
Peter A. Marino Realty
| |
|
02/15/2004
|
1 Bed
|
1 Bath
|
642 ft²
|
$215,000
1 Bed
1 Bath
642 ft²
|
$210,000
-2.33%
04/10/2004
|
Cynthia Kilbarger
RE/MAX 360
| |
|
07/13/2001
|
1 Bed
|
1 Bath
|
692 ft²
|
$165,000
1 Bed
1 Bath
692 ft²
|
$150,000
-9.09%
04/05/2002
|
Timothy Knowlton
Beacon Properties
|
Building Info
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