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Marblehead 01945
2 Cedar
Photo of 2 Cedar
Sold on Aug 1, 2025

30

Map

Photo of 2 Cedar
Photo of 2 Cedar
$876,000
● House - Off Market

2 Cedar

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,075 Ft²
$4,773
Est. Monthly
3.67%
Cap Rate

About This Property

Welcome to 2 Cedar Street in Marblehead! This 3-bedroom, 1.5-bath home features 2,071 sq ft of living space on nearly a 12,000 sq ft lot. Highlights include a flexible layout, generously sized rooms, and a partially finished basement-great for a playroom, office, or gym. The large yard is ideal for entertaining or relaxing, and the attached garage offers added convenience. Just steps from Glover School and close to beaches, parks, and downtown, this home blends comfort, space, and a top location in a vibrant coastal town. Schedule a showing or visit an open house! Offers reviewed Mon, May 19 at 1pm.
Unit Size
2,075 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$410
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #73373723)

Price History

Date / Event Date Event Price
Aug 1, 2025 Sold
Premium
Sold
May 20, 2025 In contract -
In contract
May 13, 2025 Listed $850,000
Listed
Aug 31, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 957
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,975
  • Total Building Area: 2,071
  • Gross Building Area: 3,115
  • Building Area: 2,071
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,071
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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:0040 B:0010 L:0
  • Block: 10
  • Municipality: MARBLEHEAD
  • Latitude: 42.4909
  • Longitude: -70.8767

    Address

  • Full Address: 2 Cedar St
  • Address - House Number: 2
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C018
  • 4-Digit Zip Code: 1922
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 888,305
  • High Value: 1,028,617
  • Low Value: 747,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,500
  • Assessed Land Value: $501,900
  • Assessed Improvements Value: $231,600

    Sales

  • Current Sale Recording Date: Aug 31, 1987
  • Current Sale Price:
    Premium
  • Current 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

$542

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2991 ft²

Average Home Age

94.7 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73373723

Frequently Asked Questions

When was property at 2 Cedar Street built and last sold?
The property at 2 Cedar Street was built in 1930 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 2 Cedar Street is $0.
What are some comparable homes to 2 Cedar Street?
There are currently no comparable homes to 2 Cedar Street.
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