$475,000
●
Condo -
Off Market
2 B Brackett Place #2B2
Marblehead, MA 01945
2 Beds
1 Bath,
1
Half Bath
1,200 Ft²
$958,654
RealtyHop Estimate
101.82%
Since Nov 1, 2003
MA-Boston
Primary Model
About This Property
DELIGHTFUL 2 BEDROOM CONDO ON 1 LEVEL, FIRST FLOOR ENTRY.
OVERLOOKING WATER BY JIMMY'S COVE.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$396
Property Type
Condo
Property Taxes
$209
HOA Dues
$389
Year Built
-
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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: 6 months ago (MLSPIN #30716784)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2003 | Sold | ||
| Sold | |||
| May 2, 2003 | Listed by RE/MAX 360 | $475,000 | |
| Listed by RE/MAX 360 | |||
| | |||
|
DELIGHTFUL 2 BEDROOM CONDO ON 1 LEVEL, FIRST FLOOR ENTRY. OVERLOOKING WATER BY JIMMY'S COVE.
| |||
Property Highlights
Parking Available
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Carpet
Laundry Features: Washer Hookup
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1200
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1968
Waterfront Features: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Association)
Building Name: Glover Landing Condominium
Building Area Total: 1200
Building Area Units: Square Feet
Construction Materials: Frame
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $297,900
Tax Annual Amount: $2,509
Utilities Details
Cooling Type: Individual, Unit Control
Heating Type: Forced Air, Natural Gas, Individual, Unit Control
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool
HOA Fee: $389
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2010
|
2 Bed
|
2 Bath
|
1200 ft²
|
$415,000
2 Bed
2 Bath
1200 ft²
|
$400,000
-3.61%
02/15/2011
|
Sylvia Belkin
Conway - Swampscott
| |
|
05/02/2003
|
2 Bed
|
1 Bath
|
1200 ft²
|
$475,000
2 Bed
1 Bath
1200 ft²
|
$475,000
10/08/2003
|
Gloria Gutwirth
Coldwell Banker Residential Brokerage - Marblehead
| |
|
04/22/2003
|
3 Bed
|
2 Bath
|
1800 ft²
|
$595,000
3 Bed
2 Bath
1800 ft²
|
$595,000
07/15/2003
|
Sharon Livermore
Coldwell Banker Realty - Marblehead
| |
|
03/19/2002
|
3 Bed
|
2 Bath
|
1800 ft²
|
$549,000
3 Bed
2 Bath
1800 ft²
|
$535,000
-2.55%
06/05/2002
|
Dwight Grader
Coldwell Banker Residential Brokerage - Marblehead
| |
|
07/01/1999
|
3 Bed
|
2 Bath
|
1800 ft²
|
$375,000
3 Bed
2 Bath
1800 ft²
|
$357,500
-4.67%
08/09/1999
|
Dwight Grader
Coldwell Banker Residential Brokerage - Marblehead
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017