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Marblehead 01945
16 Jefferson St
$505,000
● House - Off Market

16 Jefferson St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,718 Ft²
$862,663
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

In a quiet neighborhood on the edge of downtown Marblehead (close to all the shops and restaurants) you'll find this lovely open, airy, and light-filled home. What looks from the front like a small ranch is far from it. Come inside and experience 2,700+ square feet of living space on two finished floors. It offers 3 bedrooms, 2 full baths, a large deck, a new roof, a ton of storage (walk up attic), and a large fenced-in yard. Hardwood floors, fireplaces, a wood stove, and skylights add to the charm and warmth of this inviting home. More photos are coming.
Unit Size
2,718 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$193
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1965

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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 #72088352)

Price History

Date / Event Date Event Price
Dec 29, 2016 Sold
Premium
Sold
Nov 1, 2016 Listed by Harborside Sotheby's International Realty $524,900
Listed by Harborside Sotheby's International Realty
Mar 31, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,074
  • Total Building Area: 2,901
  • Gross Building Area: 4,322
  • Building Area: 2,901
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,901
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 203301

Zoning

  • Zoning: GR

Geography

  • District: 168
  • Parcel: MARB M:0117 B:020A L:0
  • Block: 20A
  • Municipality: MARBLEHEAD
  • Latitude: 42.5022
  • Longitude: -70.8602

    Address

  • Full Address: 16 Jefferson St
  • Address - House Number: 16
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2310
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,200

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 847,751
  • High Value: 979,971
  • Low Value: 715,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $723,400
  • Assessed Land Value: $540,800
  • Assessed Improvements Value: $182,600

    Sales

  • Current Sale Recording Date: Dec 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 577
  • Previous Sale Recording Date: Mar 31, 2004
  • Previous Sale Amount: $500,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72088352

Frequently Asked Questions

When was property at 16 Jefferson Street built and last sold?
The property at 16 Jefferson Street was built in 1965 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 16 Jefferson Street is $581,617.
What are some comparable homes to 16 Jefferson Street?
There are currently no comparable homes to 16 Jefferson Street.
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