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Marblehead 01945
18 Elmwood Rd
$995,000
● House - Off Market

18 Elmwood Rd

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,300 Ft²
$1,727,491
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Beautiful Colonial located on one of the prettiest streets in Marblehead.  5 bedrooms, 3.5 baths, large family room open to an updated kitchen.  There are French doors in the family room offering views of and access to a private patio with koi pond.  Lovely front to back living room with built in bookcases and a fireplace, formal dining room, handsome private office with vaulted ceiling and fireplace, lower level playroom, workshop and exercise area.  The yard is something to behold.  Wooded areas, sunny grassy areas and a vegetable garden behind the two car detached garage..
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$302
Property Type
House
Property Taxes
$847
HOA Dues
-
Year Built
1928

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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: 5 months ago (MLSPIN #71843067)

Price History

Date / Event Date Event Price
Aug 6, 2015 Sold
Premium
Sold
May 26, 2015 Listed by Coldwell Banker Residential Brokerage - Marblehead $995,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,752
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,563
  • Total Building Area: 3,436
  • Gross Building Area: 5,494
  • Building Area: 3,436
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,436
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000449
  • 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:0017 B:0006 L:0
  • Block: 6
  • Municipality: MARBLEHEAD
  • Latitude: 42.4863
  • Longitude: -70.8879

    Address

  • Full Address: 18 Elmwood Rd
  • Address - House Number: 18
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1613
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,324,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,502,311
  • High Value: 1,759,668
  • Low Value: 1,244,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,478,100
  • Assessed Land Value: $829,900
  • Assessed Improvements Value: $648,200

    Sales

  • Current Sale Recording Date: Aug 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86
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# 71843067

Frequently Asked Questions

When was property at 18 Elmwood Road built and last sold?
The property at 18 Elmwood Road was built in 1928 and last sold on Jan 1, 1970 for $995,000.
How much is this home worth?
The estimated value of the home located at 18 Elmwood Road is $1,005,352.
What are some comparable homes to 18 Elmwood Road?
There are currently no comparable homes to 18 Elmwood Road.
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