$635,000
●
Condo -
Off Market
18 Prospect #1
Marblehead, MA
3 Beds
3 Baths
2,238 Ft²
$917,227
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Urban sophistication in a seaside community. Beautiful town
home style condo (only 3 units in building) filled with light and
located in the heart of Marblehead. Walking distance to
restaurants, shops, Dolphin Yacht Club and historic Marblehead.
Amazing entertaining space on the main level including a
large kitchen island opening to dining and living rooms. Vaulted
ceilings, skylights, hardwood floors, generously sized rooms and
central air. An impressive master bedroom with lavish bath
and walk-in closet is an ideal retreat. A second level family
room provides access to a loft with wet bar and sliding doors to a
deck, offering views of Marblehead and historic Abbot Hall. Garage
parking for two cars (tandem) and ample storage complete the
package. This home is a Marblehead gem.
Unit Size
2,238 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
Condo
Property Taxes
$524
HOA Dues
$150
Year Built
-
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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 years ago (MLSPIN #72613415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2020 | Sold | ||
| Sold | |||
| Feb 1, 2020 | Listed by Gibson Sotheby's International Realty | $649,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Level: Second
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Skylight, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting
Level: Second
Features: Cathedral Ceiling(s), Closet, Flooring - Hardwood
Features: Closet, Flooring - Hardwood, French Doors
Level: Main
Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
Level: Main
Features: Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Level: Main
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Cable Hookup
Level: Second
Level: Main
Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
Level: Second
Features: Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Yes
Full Bathrooms: 3
Interior Features: Wet bar, Slider, Loft, Wet Bar
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Cooler, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: Second Floor, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Storage, Assigned, Tandem
Garage Spaces: 2
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Prospect Condominiums At Hibernian Hall
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Deck, Deck - Composite
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: BR
Parcel Number: 4739424
Water Source: Public
Financial Details
Tax Assessed Value: $605,300
Tax Annual Amount: $6,289
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $150
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017