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Marblehead 01945
17 Briar Lane
$555,000
● House - Off Market

17 Briar Lane

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,827 Ft²
$844,272
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Rare opportunity!  Charming and tastefully updated 3 bedroom, 2 bath sunlit home situated in peaceful setting just a stroll away from Preston Beach, walking path, and Conservation land. Some special features include custom maple and cedar wood fine carpentry in bathrooms and family room, cherry kitchen cabinets, oak and granite floors, and new Anderson windows.  (Expansion potential for growing family.)
Unit Size
1,827 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$295
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1953

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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: 4 months ago (MLSPIN #72146676)

Price History

Date / Event Date Event Price
Jun 27, 2017 Sold
Premium
Sold
Apr 17, 2017 Listed by Jeana Kahn Real Estate $539,000
Listed by Jeana Kahn Real Estate
May 25, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 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: 1,305
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,115
  • Total Building Area: 1,827
  • Gross Building Area: 2,940
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MITCHELL
  • Land Acres: 0000000232
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0006 B:0042 L:0
  • Block: 42
  • Municipality: MARBLEHEAD
  • Latitude: 42.4806
  • Longitude: -70.8806

    Address

  • Full Address: 17 Briar Ln
  • Address - House Number: 17
  • Address - Street Name: Briar
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C023
  • 4-Digit Zip Code: 1753
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $858,300

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 870,903
  • High Value: 1,019,555
  • Low Value: 722,250

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $957,900
  • Assessed Land Value: $810,700
  • Assessed Improvements Value: $147,200

    Sales

  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 463
  • Previous Sale Recording Date: May 25, 1988
  • Previous Sale Amount: $240,000
  • 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:

$992,000

Sale Price/ft²

$553

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# 72146676

Frequently Asked Questions

When was property at 17 Briar Lane built and last sold?
The property at 17 Briar Lane was built in 1953 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 17 Briar Lane is $571,672.
What are some comparable homes to 17 Briar Lane?
There are currently no comparable homes to 17 Briar Lane.
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