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Marblehead 01945
18 Pilgrim Rd
$430,000
● House - Off Market

18 Pilgrim Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,756 Ft²
$940,538
RealtyHop Estimate
129.40%
Since Jun 1, 2002
MA-Boston
Primary Model

About This Property

CHARMING 3 BEDROOM COLONIAL IN PRIME LOCATION.  NEW KITCHEN WITH GRANITE ISLAND.  LARGE FENCED IN YARD, DECK OFF KITCHEN
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$233
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1925

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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 years ago (MLSPIN #30586932)

Price History

Date / Event Date Event Price
May 10, 2002 Sold
Premium
Sold
Mar 12, 2002 Listed by Coldwell Banker Realty - Marblehead $410,000
Listed by Coldwell Banker Realty - Marblehead
Jun 3, 1992 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 5
  • Exterior Walls Type: 18
  • 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: 880
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,429
  • Total Building Area: 1,788
  • Gross Building Area: 2,644
  • Building Area: 1,788
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,788
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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:0004 B:0046 L:0
  • Block: 46
  • Municipality: MARBLEHEAD
  • Latitude: 42.4827
  • Longitude: -70.8869

    Address

  • Full Address: 18 Pilgrim Rd
  • Address - House Number: 18
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1751
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $926,300

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 895,521
  • High Value: 1,046,887
  • Low Value: 744,156

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,033,800
  • Assessed Land Value: $710,700
  • Assessed Improvements Value: $323,100

    Sales

  • Current Sale Recording Date: May 10, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 03, 1992
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: 27

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30586932

Frequently Asked Questions

When was property at 18 Pilgrim Road built and last sold?
The property at 18 Pilgrim Road was built in 1925 and last sold on Jan 1, 1970 for $429,200.
How much is this home worth?
The estimated value of the home located at 18 Pilgrim Road is $0.
What are some comparable homes to 18 Pilgrim Road?
There are currently no comparable homes to 18 Pilgrim Road.
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