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Marblehead 01945
19 Kenneth Road
$1,345,000
● House - Off Market

19 Kenneth Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,572 Ft²
$1,348,059
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

ENJOY SPECTACULAR SUNSETS FROM THIS DIRECT WATERFRONT CONTEMPORARY WITH WONDERFUL PANORAMIC WATER VIEWS AND OCEAN BREEZES. Substantial improvements already in place: entire exterior wood shingle re-siding, multi-level EPEE wood deck, sliders & windows and asphalt roof.  Located in a water-oriented, attractive residential area of well-kept homes - it offers a large two car garage with space for storage/work, additional 4 car parking and an open floor plan with large windows providing lightness and distant views from every room. Within view of town-owned Stramski Park waterfront area for park and water activities. Over 100 feet of harbor frontage. This modern style 8 Room/3 Bedroom home is being sold in "AS IS" condition, but it offers GREAT POTENTIAL TO CREATE YOUR OWN DREAM HOME.
Unit Size
2,572 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$465
Property Type
House
Property Taxes
$1,169
HOA Dues
-
Year Built
1972

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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: 5 years ago (MLSPIN #72894444)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Sep 14, 2021 Listed by RE/MAX 360 $1,195,000
Listed by RE/MAX 360
Jul 22, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,340
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,520
  • Total Building Area: 2,572
  • Gross Building Area: 4,096
  • Building Area: 2,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,572
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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:0157 B:0006 L:0
  • Block: 6
  • Municipality: MARBLEHEAD
  • Latitude: 42.516
  • Longitude: -70.8653

    Address

  • Full Address: 19 Kenneth Rd
  • Address - House Number: 19
  • Address - Street Name: Kenneth
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C025
  • 4-Digit Zip Code: 1528
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,751,900

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,591,382
  • High Value: 1,863,998
  • Low Value: 1,318,767

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,955,300
  • Assessed Land Value: $1,670,000
  • Assessed Improvements Value: $285,300

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211122002820
  • Previous Sale Recording Date: Jul 22, 1994
  • Previous Sale Amount: $460,000
  • 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:

$955,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72894444

Frequently Asked Questions

When was property at 19 Kenneth Road built and last sold?
The property at 19 Kenneth Road was built in 1972 and last sold on Oct 19, 2021 for $1,345,000.
How much is this home worth?
The estimated value of the home located at 19 Kenneth Road is $0.
What are some comparable homes to 19 Kenneth Road?
There are currently no comparable homes to 19 Kenneth Road.
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