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Marblehead 01945
16 Sunset Rd
$622,000
● House - Off Market

16 Sunset Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,386 Ft²
$1,027,011
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful water views overlooking Salem Harbor from this charming seaside 2/3-bedroom home located on a quiet, private road in the Ocean Park Association Neighborhood. The first floor includes the living area, with a wood burning stove, bedroom, dining room and renovated kitchen. The second floor includes the master bedroom suite with a lovely deck overlooking the harbor and a newly renovated bathroom. A charming patio is just off the kitchen and is perfect for grilling and outdoor entertaining. The two car garage, which was recently rebuilt, is spectacular and ready for the car enthusiast or someone who wants a heated space for those home projects.
Unit Size
1,386 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$451
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1920

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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 #72093562)

Price History

Date / Event Date Event Price
Dec 19, 2016 Sold
Premium
Sold
Nov 15, 2016 Listed by Harborside Sotheby's International Realty $624,900
Listed by Harborside Sotheby's International Realty
Sep 4, 2008 Sold
Premium
Sold
Jan 4, 2001 Sold
Premium
Sold
Aug 26, 2000 Listed by Carlson GMAC Real Estate $349,000
Listed by Carlson GMAC Real Estate
CUSTOM COTTAGE. WALK ACROSS THE STREET FOR A SWIM AND BEAUTIFUL SUNSETS. GREAT NEIGHBORHOOD.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,330
  • Total Building Area: 1,940
  • Gross Building Area: 3,076
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0140 B:0058 L:0
  • Block: 58
  • Municipality: MARBLEHEAD
  • Latitude: 42.5098
  • Longitude: -70.8693

    Address

  • Full Address: 16 Sunset Rd
  • Address - House Number: 16
  • Address - Street Name: Sunset
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1455
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,026,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 982,551
  • High Value: 1,150,869
  • Low Value: 814,232

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,145,800
  • Assessed Land Value: $867,400
  • Assessed Improvements Value: $278,400

    Sales

  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130
  • Previous Sale Recording Date: Sep 04, 2008
  • Previous Sale Amount: $389,000
  • 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

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 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# 72093562

Frequently Asked Questions

When was property at 16 Sunset Road built and last sold?
The property at 16 Sunset Road was built in 1920 and last sold on Jan 1, 1970 for $622,000.
How much is this home worth?
The estimated value of the home located at 16 Sunset Road is $643,571.
What are some comparable homes to 16 Sunset Road?
There are currently no comparable homes to 16 Sunset Road.
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