1
Map
$323,000
●
Condo -
Off Market
18 Central Street #6
Marblehead, MA 01945
2 Beds
1 Bath,
1
Half Bath
901 Ft²
$598,927
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model
About This Property
Lovely 2 bedroom townhouse. Fireplaced living room, 1.5
baths. Parking. Central location in Shipyard area.
End unit.
Unit Size
901 Ft²
Days on Market
-
Land Size
-
Price per sqft
$377
Property Type
Condo
Property Taxes
$211
HOA Dues
$150
Year Built
1886
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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: 6 months ago (MLSPIN #70194024)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2015 | Sold | ||
| Sold | |||
| Dec 12, 2013 | Sold | ||
| Sold | |||
| Aug 13, 2013 | Listed by William Raveis R.E. & Home Services | $279,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Newly remodeled Townhouse style 2BR/1.5BA condominium in desirable Shipyard District. End unit with gleaming hardwood floors throughout,completely renovated kitchen with all new stainless steel appliances, half bath, freshly painted ,new Pella windows and custom fitted closets. Main floor has living room with bay window and wood-burning fireplace, dining area, kitchen, half bath. Second floor has two bedrooms with large custom closets and full ceramic tiled bath. Unfinished basement with interior access has laundry, plenty of storage and bulkhead.One assigned parking space. Mint condition!
| |||
| Aug 13, 2012 | Sold | ||
| Sold | |||
| Oct 28, 2011 | Listed by Harborside Realty | $249,000 | |
| Listed by Harborside Realty | |||
| | |||
|
Affordable Marblehead living! Attractive 2BR townhouse in the Shipyard District of Historic Marblehead, steps to Marblehead Harbor and Atlantic Ave. shops. End unit with living room, dining area & (gas) fireplace, attractive kitchen with 1/2 bath and pantry. Two good sized bedrooms and full bath on second floor. Good-sized closets, unfinished 460SF (not counted in SF) basement w/bulkhead, ready to become a new bedroom, den, etc. Includes W/D, gas heat. One car off-street parking.
| |||
Show More
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Other
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Square Footage: 901
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1977
Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: Header Condominium
Building Area Total: 901
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $306,000
Tax Annual Amount: $2,528
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds
HOA Fee: $150
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 |
|---|---|---|---|---|---|---|---|
|
01/18/2022
|
2 Bed
|
2 Bath
|
1392 ft²
|
$489,000
2 Bed
2 Bath
1392 ft²
|
$489,000
03/31/2022
|
Christine Tierney
Compass
| |
|
11/20/2020
|
2 Bed
|
2 Bath
|
901 ft²
|
$375,000
2 Bed
2 Bath
901 ft²
|
$405,000
+8.00%
12/09/2020
|
Jack Attridge
William Raveis R.E. & Home Services
| |
|
10/30/2018
|
2 Bed
|
2 Bath
|
931 ft²
|
$374,900
2 Bed
2 Bath
931 ft²
|
$382,500
+2.03%
01/14/2019
|
Kate Richard
Keller Williams Signature Prop
| |
|
08/13/2013
|
2 Bed
|
1 Bath
|
901 ft²
|
$279,900
2 Bed
1 Bath
901 ft²
|
$270,000
-3.54%
12/12/2013
|
Lynne Breed
Harborside Realty
| |
|
10/28/2011
|
2 Bed
|
2 Bath
|
956 ft²
|
$249,000
2 Bed
2 Bath
956 ft²
|
$234,800
-5.70%
08/13/2012
|
Lynne Breed
Sagan Harborside Sotheby's International Realty
| |
|
10/11/2008
|
2 Bed
|
1 Bath
|
946 ft²
|
$285,000
2 Bed
1 Bath
946 ft²
|
$278,500
-2.28%
12/01/2008
|
Linda Hayes
William Raveis R.E. & Home Services
| |
|
05/18/2005
|
2 Bed
|
1 Bath
|
901 ft²
|
$339,900
2 Bed
1 Bath
901 ft²
|
$323,000
-4.97%
10/26/2005
|
Patricia Hart
William Raveis R.E. & Home Services
| |
|
04/13/2004
|
2 Bed
|
1 Bath
|
901 ft²
|
$329,000
2 Bed
1 Bath
901 ft²
|
$320,000
-2.74%
06/30/2004
|
Chuck Carey
Peter A. Marino Realty
| |
|
04/21/2003
|
2 Bed
|
2 Bath
|
901 ft²
|
$309,000
2 Bed
2 Bath
901 ft²
|
$300,000
-2.91%
08/08/2003
|
Chuck Carey
Peter A. Marino Realty
| |
|
04/16/2002
|
2 Bed
|
2 Bath
|
900 ft²
|
$279,000
2 Bed
2 Bath
900 ft²
|
$285,000
+2.15%
06/27/2002
|
Laurel Bickell
Coldwell Banker Realty - Marblehead
| |
|
10/02/1998
|
2 Bed
|
2 Bath
|
956 ft²
|
$159,900
2 Bed
2 Bath
956 ft²
|
$152,500
-4.63%
12/31/1998
|
Judith White
Sagan Harborside Sotheby's International Realty
| |
|
10/01/1995
|
2 Bed
|
2 Bath
|
946 ft²
|
$125,000
2 Bed
2 Bath
946 ft²
|
$111,500
-10.80%
12/06/1995
|
Ben Rhodes
William Raveis R.E. & Home Services
|
Building Info
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