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Marblehead 01945
17 Leggs Hill Road
$665,000
● House - Off Market

17 Leggs Hill Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,360 Ft²
$1,033,494
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

BEAUTY, WARMTH AND VALUE offered in this expanded Cape. Tastefully updated with 3 bedrooms, 2 1/2 baths, spacious living room with wood burning fireplace, efficiently designed kitchen with ample storage and Corian counters overlooking a formal dining area leading to a first floor family room. Renovated mud room conveniently located off kitchen, garage and backyard! Finished carpeted play room in basement with 3/4 bath and over-sized separate laundry area await the discriminating buyer. A fenced in flat yard with deck and ample storage adds to the many comforts of this special home.
Unit Size
2,360 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$282
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1950

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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 #72165455)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Aug 1, 2017 Sold
Premium
Sold
May 16, 2017 Listed by Coldwell Banker Residential Brokerage - Marblehead $665,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 3
  • Basement Area: 1,623
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 2,360
  • Gross Building Area: 3,436
  • Building Area: 2,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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:0016 B:0048 L:0
  • Block: 48
  • Municipality: MARBLEHEAD
  • Latitude: 42.4876
  • Longitude: -70.8898

    Address

  • Full Address: 17 Leggs Hill Rd
  • Address - House Number: 17
  • Address - Street Name: Leggs Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C021
  • 4-Digit Zip Code: 1008
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $665,000

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 965,047
  • High Value: 1,167,371
  • Low Value: 762,722

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,200
  • Assessed Land Value: $528,500
  • Assessed Improvements Value: $213,700

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210430005700
  • Previous Sale Recording Date: Aug 01, 2017
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: O
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:

$960,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2928 ft²

Average Home Age

93 years

Currently For Sale

40 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72165455

Frequently Asked Questions

When was property at 17 Leggs Hill Road built and last sold?
The property at 17 Leggs Hill Road was built in 1950 and last sold on Apr 30, 2021 for $806,000.
How much is this home worth?
The estimated value of the home located at 17 Leggs Hill Road is $710,668.
What are some comparable homes to 17 Leggs Hill Road?
There are currently no comparable homes to 17 Leggs Hill Road.
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