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Marblehead 01945
165 Jersey St
$477,000
● House - Off Market

165 Jersey St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,868 Ft²
$777,661
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful family home just steps from Salem Harbor.  Enjoy harbor views from this 3-bedroom, 2 bath home.  An enclosed, 3-season porch leads into the house.  Flexible floor plan on the first floor includes a living room, a kitchen (with a large pantry) overlooking a dining area and family room which lead to a patio and a fully fenced back yard, plus an office (or two) and a separate laundry room.  Full bath on the first floor. Three good sized bedrooms on the second floor, a walk-in closet and a full bath.  don't miss seeing this great house - lots of possibilities! - Plus, deeded beach rights just steps from the front door.
Unit Size
1,868 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$267
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1938

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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 #72181252)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Jun 13, 2017 Listed by Coldwell Banker Residential Brokerage - Marblehead $499,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Mar 1, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 613
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,286
  • Total Building Area: 1,922
  • Gross Building Area: 2,818
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORTER S BEACH
  • Land Acres: 0000000167
  • 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:0004 L:0
  • Block: 4
  • Municipality: MARBLEHEAD
  • Latitude: 42.509
  • Longitude: -70.8698

    Address

  • Full Address: 165 Jersey St
  • Address - House Number: 165
  • Address - Street Name: Jersey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1346
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $706,100

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 816,764
  • High Value: 945,775
  • Low Value: 687,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $788,100
  • Assessed Land Value: $528,900
  • Assessed Improvements Value: $259,200

    Sales

  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 290
  • Previous Sale Recording Date: Mar 01, 1993
  • Previous Sale Amount: $180,000
  • 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# 72181252

Frequently Asked Questions

When was property at 165 Jersey Street built and last sold?
The property at 165 Jersey Street was built in 1938 and last sold on Jan 1, 1970 for $477,000.
How much is this home worth?
The estimated value of the home located at 165 Jersey Street is $531,071.
What are some comparable homes to 165 Jersey Street?
There are currently no comparable homes to 165 Jersey Street.
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