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Marblehead 01945
197 Humphrey St
$580,000
● House - Off Market

197 Humphrey St

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,850 Ft²
$897,063
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

This lovely and gracious hip roof, colonial style home awaits your special touch.   The distinctive features include a spacious foyer, boxed beam ceilings, wood burning fireplace, French doors, a four-season sun room that can be used as a den or office, and hardwood floors.  Upgrades include an asphalt shingle roof in 2010, Harvey windows in 2009, and Burnham burner in 2006. The exterior features a flat corner lot that has been professionally maintained, a two-car detached garage (with storage) and a fenced in deck/grilling area for gatherings with family and friends. Convenient to beaches and shopping.  Live your best life in Marblehead.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$311
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1880

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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 #72245488)

Price History

Date / Event Date Event Price
Dec 11, 2017 Sold
Premium
Sold
Oct 20, 2017 Listed by Harborside Sotheby's International Realty $575,000
Listed by Harborside Sotheby's International Realty

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 998
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,435
  • Total Building Area: 1,847
  • Gross Building Area: 3,624
  • Building Area: 1,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,847
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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:0017 B:0022 L:0
  • Block: 22
  • Municipality: MARBLEHEAD
  • Latitude: 42.4858
  • Longitude: -70.8859

    Address

  • Full Address: 197 Humphrey St
  • Address - House Number: 197
  • Address - Street Name: Humphrey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1618
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,100

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 828,602
  • High Value: 1,001,170
  • Low Value: 656,034

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,400
  • Assessed Land Value: $444,700
  • Assessed Improvements Value: $288,700

    Sales

  • Current Sale Recording Date: Dec 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171211003840
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:

$995,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 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# 72245488

Frequently Asked Questions

When was property at 197 Humphrey Street built and last sold?
The property at 197 Humphrey Street was built in 1880 and last sold on Jan 1, 1970 for $580,000.
How much is this home worth?
The estimated value of the home located at 197 Humphrey Street is $606,940.
What are some comparable homes to 197 Humphrey Street?
There are currently no comparable homes to 197 Humphrey Street.
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