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Marblehead 01945
19 Heritage Way
$345,000
● House - Off Market

19 Heritage Way

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$698,346
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

Completly renovated 3level town home with excellent fininshings. Granite and Stainless Steel kitchen with maple cabintry and tile floor. Hardwood floors in Dining Room and Living Room.Full Finished lower level family room adds loads of space. Nice Deck and Yard, 2 Car Parking, No association fees. Great location in short distance to Schools, town, and beach. Third floor is ready to be finished and could add even more space.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$239
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1977

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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 #70552176)

Price History

Date / Event Date Event Price
Nov 16, 2007 Sold
Premium
Sold
Apr 3, 2007 Listed by Coldwell Banker Residential Brokerage - Marblehead $359,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 9
  • Basement Area: 549
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,753
  • Gross Building Area: 2,116
  • Building Area: 1,753
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,753
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 19-21 HERITAGE WAY CONDO
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

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:0108 B:030F L:19
  • Block: 30F
  • Lot: 19
  • Municipality: MARBLEHEAD
  • Latitude: 42.5006
  • Longitude: -70.8608

    Address

  • Full Address: 19 Heritage Way
  • Address - House Number: 19
  • Address - Street Name: Heritage
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 2331
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,500

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 664,821
  • High Value: 781,804
  • Low Value: 547,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,200
  • Assessed Improvements Value: $516,200

    Sales

  • Current Sale Recording Date: Oct 16, 2009
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 16, 2007
  • Previous Sale Amount: $345,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 70552176

Frequently Asked Questions

When was property at 19 Heritage Way built and last sold?
The property at 19 Heritage Way was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 19 Heritage Way is $385,471.
What are some comparable homes to 19 Heritage Way?
There are currently no comparable homes to 19 Heritage Way.
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