$285,000
●
Condo -
Off Market
16 State St #A2
Marblehead, MA 01945
2 Beds
1 Bath
784 Ft²
$546,298
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model
About This Property
Live in the heart of Old Town! Enjoy a downtown lifestyle in this
charming two bedroom condo with wide pine floors and a brand new
kitchen with granite countertops and dining area with built-in
bench seating that doubles as storage! Relax on the large
porch/deck overlooking the peaceful gardens and the original pony
barn that now houses your car! Or venture out to the harbor, shops
and great restaurants - all in your neighborhood!
Unit Size
784 Ft²
Days on Market
-
Land Size
-
Price per sqft
$364
Property Type
Condo
Property Taxes
$207
HOA Dues
$110
Year Built
-
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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: 5 months ago (MLSPIN #71517123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by Coldwell Banker Realty - Marblehead | $349,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
|
Live in and enjoy everything that Marblehead has to offer. Located in the heart of "Old Town" this charming 2BR condo offers a unique in-town lifestyle. Walk to the restaurants, pubs, theaters, museums, the harbor and the BEACH! Yet this unit features 2-car parking including a CARPORT. The spacious deck overlooks an expansive backyard - like being in Maine but with all of the wonderful attributes of living in Marblehead.
| |||
| Jun 14, 2013 | Sold | ||
| Sold | |||
| Apr 30, 2013 | Listed by William Raveis R.E. & Home Services | $285,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Live in the heart of Old Town! Enjoy a downtown lifestyle in this charming two bedroom condo with wide pine floors and a brand new kitchen with granite countertops and dining area with built-in bench seating that doubles as storage! Relax on the large porch/deck overlooking the peaceful gardens and the original pony barn that now houses your car! Or venture out to the harbor, shops and great restaurants - all in your neighborhood!
| |||
| Jun 19, 1998 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Laundry Features: In Basement, In Building
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 784
Year Built Source: Public Records
Year Built: 1800
Waterfront Features: Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Pony Barn Condominium
Building Area Total: 784
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $228,600
Tax Annual Amount: $2,480
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Snow Removal
HOA Fee: $110
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 |
|---|---|---|---|---|---|---|---|
|
10/08/2019
|
2 Bed
|
1 Bath
|
784 ft²
|
$349,900
2 Bed
1 Bath
784 ft²
|
$350,000
+0.03%
12/06/2019
|
Sharon Livermore
Coldwell Banker Realty - Marblehead
| |
|
04/30/2013
|
2 Bed
|
1 Bath
|
784 ft²
|
$285,000
2 Bed
1 Bath
784 ft²
|
$285,000
06/14/2013
|
Cynthia Kilbarger
RE/MAX 360
| |
|
02/05/2008
|
2 Bed
|
1 Bath
|
784 ft²
|
$265,000
2 Bed
1 Bath
784 ft²
|
$252,000
-4.91%
04/18/2008
|
Cynthia Kilbarger
RE/MAX 360
| |
|
01/29/2008
|
2 Bed
|
2 Bath
|
784 ft²
|
$299,900
2 Bed
2 Bath
784 ft²
|
$288,000
-3.97%
04/27/2008
|
Krista Finigan
Coldwell Banker Realty - Marblehead
| |
|
01/28/2004
|
1 Bed
|
1 Bath
|
745 ft²
|
$235,000
1 Bed
1 Bath
745 ft²
|
$232,600
-1.02%
03/26/2004
|
Timothy Knowlton
Beacon Properties
| |
|
09/05/2003
|
2 Bed
|
1 Bath
|
784 ft²
|
$269,000
2 Bed
1 Bath
784 ft²
|
$269,000
11/07/2003
|
Mary Stewart
Coldwell Banker Residential Brokerage - Beverly
| |
|
02/01/2003
|
2 Bed
|
1 Bath
|
784 ft²
|
$249,900
2 Bed
1 Bath
784 ft²
|
$255,000
+2.04%
04/25/2003
|
Laurel Bickell
Coldwell Banker Realty - Marblehead
| |
|
02/26/2002
|
1 Bed
|
1 Bath
|
745 ft²
|
$179,000
1 Bed
1 Bath
745 ft²
|
$180,000
+0.56%
03/19/2002
|
Timothy Knowlton
Beacon Properties
| |
|
07/13/1999
|
1 Bed
|
1 Bath
|
745 ft²
|
$132,000
1 Bed
1 Bath
745 ft²
|
$132,000
09/01/1999
|
Timothy Knowlton
Beacon Properties
| |
|
05/29/1998
|
2 Bed
|
1 Bath
|
784 ft²
|
$169,000
2 Bed
1 Bath
784 ft²
|
$163,000
-3.55%
08/28/1998
|
Heidi Magee
Carlson GMAC Real Estate
| |
|
05/04/1998
|
2 Bed
|
1 Bath
|
784 ft²
|
$165,000
2 Bed
1 Bath
784 ft²
|
$158,000
-4.24%
06/19/1998
|
Linda Christie Hamill
Coldwell Banker Realty - Marblehead
| |
|
11/06/1996
|
1 Bed
|
1 Bath
|
745 ft²
|
$122,500
1 Bed
1 Bath
745 ft²
|
$122,000
-0.41%
02/11/1997
|
Timothy Knowlton
Beacon Properties
|
Building Info
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