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Marblehead 01945
18 Churchill Road
$875,000
● House - Off Market

18 Churchill Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,391 Ft²
$995,482
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Coveted Marblehead Cliffs neighborhood! Rarely available in this charming part of town, this is the place you will want to call home. Three levels of living space include  3-4 spacious bedrooms, first floor family room, plus another large bonus room on the garden level, with a sliding door to the back yard. A spacious deck on the first floor provides lots of room for warm weather family gatherings and overlooks the back yard bordered by conservation land. Newer windows, boiler, water heater, central a/c, new roof ; Deeded beach rights. Private, scheduled Open House showings on Saturday, 6/13 and Sunday 6/14 from 12 - 3 p.m. by appointment.
Unit Size
3,391 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$221
Property Type
House
Property Taxes
$669
HOA Dues
-
Year Built
1957

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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 #72671923)

Price History

Date / Event Date Event Price
Aug 7, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by William Raveis R.E. & Home Services $749,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,211
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,300
  • Total Building Area: 3,391
  • Gross Building Area: 4,553
  • Building Area: 3,391
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,391
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000282
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0074 B:0009 L:0
  • Block: 9
  • Municipality: MARBLEHEAD
  • Latitude: 42.4973
  • Longitude: -70.879

    Address

  • Full Address: 18 Churchill Rd
  • Address - House Number: 18
  • Address - Street Name: Churchill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1213
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $974,300

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,138,539
  • High Value: 1,316,112
  • Low Value: 960,965

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,087,400
  • Assessed Land Value: $702,800
  • Assessed Improvements Value: $384,600

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200807000830
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

$538

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2977 ft²

Average Home Age

88.5 years

Currently For Sale

37 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72671923

Frequently Asked Questions

When was property at 18 Churchill Road built and last sold?
The property at 18 Churchill Road was built in 1957 and last sold on Aug 4, 2020 for $875,000.
How much is this home worth?
The estimated value of the home located at 18 Churchill Road is $843,070.
What are some comparable homes to 18 Churchill Road?
There are currently no comparable homes to 18 Churchill Road.
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