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Marblehead 01945
18 Stony Brook Rd
$439,000
● House - Off Market

18 Stony Brook Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,521 Ft²
$679,595
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Hidden jewel of a home is a high point in town -- in a desirable and quiet neighborhood within walking distance to Grace Oliver's Beach, Gas House Beach and Redd's Pond.  Easily accessible to all that Marblehead has to offer.  This home features hardwood floors throughout. This property has been well maintained and recent updates include all new windows, new electric (200 amps), new doors, new heating system and roof.  Yard has wonderful natural garden and flora that is a sight to behold and easy to maintain.  Large country kitchen and spacious rooms throughout is easy to modify to the decorative eye.  This is one of the best buys in Marblehead.  You don't want to miss out on this great opportunity!   Come see for yourself.
Unit Size
1,521 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$302
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1945

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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 #72312795)

Price History

Date / Event Date Event Price
Jul 25, 2018 Sold
Premium
Sold
Apr 21, 2018 Listed by Beacon Properties $459,000
Listed by Beacon Properties
Aug 2, 2013 Sold
Premium
Sold
May 28, 2013 Listed by Beacon Properties $329,000
Listed by Beacon Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,797
  • Total Building Area: 1,521
  • Gross Building Area: 1,742
  • Building Area: 1,521
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,521
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: 203302

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0162 B:0042 L:0
  • Block: 42
  • Municipality: MARBLEHEAD
  • Latitude: 42.5113
  • Longitude: -70.8517

    Address

  • Full Address: 18 Stony Brook Rd
  • Address - House Number: 18
  • Address - Street Name: Stony Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C002
  • 4-Digit Zip Code: 2518
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $515,400

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 719,505
  • High Value: 833,154
  • Low Value: 605,856

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $575,200
  • Assessed Land Value: $455,800
  • Assessed Improvements Value: $119,400

    Sales

  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180725002070
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Amount: $319,700
  • Previous Sale Document Type: O
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:

$950,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2930 ft²

Average Home Age

93.8 years

Currently For Sale

39 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# 72312795

Frequently Asked Questions

When was property at 18 Stony Brook Road built and last sold?
The property at 18 Stony Brook Road was built in 1945 and last sold on Jan 1, 1970 for $439,000.
How much is this home worth?
The estimated value of the home located at 18 Stony Brook Road is $474,071.
What are some comparable homes to 18 Stony Brook Road?
There are currently no comparable homes to 18 Stony Brook Road.
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