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Marblehead 01945
18 Robert Rd.
$650,000
● House - Off Market

18 Robert Rd.

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,310 Ft²
$926,089
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

View the neighborhood and you'll see the tremendous value potential this classic colonial represents on a 10,000 sq. ft. flat lot. Updated heating ( Weil Mclean Gold boiler) and electric systems, architectural roof, refinished hardwood flooring on both levels, period detail in and out, full unfinished basement, huge attic, breezeway off of kitchen to trex deck, large private back yard and garage. Bonus space in upper hallway for computer or sitting area. Close to Gatchells park. Kitchen and baths functional, but could use updating. Some older replacement windows and some original windows. Property in need of exterior paint.  An exceptional diamond in the rough. A great home !
Unit Size
1,310 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$495
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1947

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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: 4 months ago (MLSPIN #72498419)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
May 13, 2019 Listed by Sagan Harborside Sotheby's International Realty $649,000
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1,140
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,388
  • Gross Building Area: 4,280
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0053 B:0025 L:0
  • Block: 25
  • Municipality: MARBLEHEAD
  • Latitude: 42.4936
  • Longitude: -70.8808

    Address

  • Full Address: 18 Robert Rd
  • Address - House Number: 18
  • Address - Street Name: Robert
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1263
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $907,700

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,196,839
  • High Value: 1,401,867
  • Low Value: 991,812

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,013,100
  • Assessed Land Value: $556,500
  • Assessed Improvements Value: $456,600

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190621005160
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 months ago
Data Source: MLS PIN, MLS# 72498419

Frequently Asked Questions

When was property at 18 Robert Road built and last sold?
The property at 18 Robert Road was built in 1947 and last sold on Jun 19, 2019 for $650,000.
How much is this home worth?
The estimated value of the home located at 18 Robert Road is $661,101.
What are some comparable homes to 18 Robert Road?
There are currently no comparable homes to 18 Robert Road.
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