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Marblehead 01945
18 Taft Street
$719,000
● House - Off Market

18 Taft Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,690 Ft²
$793,035
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Awesome location! - This beautiful tree-lined street is close to Bud Orne Playground, the Coffin School, and not far from downtown Marblehead.  The back yard abuts the Turner Woods Conservation area, providing a sense of space and privacy.  This is a classic center entrance colonial.  Spacious, front to back living room has a fireplace and hardwood floors.  The dining room has custom built-in cabinets and shelves, hardwood floors, is open to the kitchen, and leads out to a spacious family room which has access to the back yard.  Hardwood floors throughout the bedrooms on the second floor.  The main spacious bedroom is front to back, above the living room. Large, unfinished basement.  Systems are fairly new.  One car garage, plus ample parking in the driveway.  Don't miss seeing this wonderful home!
Unit Size
1,690 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$449
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1963

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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 months ago (MLSPIN #73010803)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 12, 2022 Listed by Compass $759,000
Listed by Compass

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,880
  • Total Building Area: 1,690
  • Gross Building Area: 2,674
  • Building Area: 1,690
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,690
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0136 B:0024 L:0
  • Block: 24
  • Municipality: MARBLEHEAD
  • Latitude: 42.507
  • Longitude: -70.8596

    Address

  • Full Address: 18 Taft St
  • Address - House Number: 18
  • Address - Street Name: Taft
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2440
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $665,700

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 804,372
  • High Value: 931,426
  • Low Value: 677,318

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $743,000
  • Assessed Land Value: $507,700
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 161
  • Previous Sale Recording Date: Oct 24, 2018
  • Previous Sale Document Type: 27
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73010803

Frequently Asked Questions

When was property at 18 Taft Street built and last sold?
The property at 18 Taft Street was built in 1963 and last sold on Aug 30, 2022 for $719,000.
How much is this home worth?
The estimated value of the home located at 18 Taft Street is $774,081.
What are some comparable homes to 18 Taft Street?
There are currently no comparable homes to 18 Taft Street.
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