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Marblehead 01945
2 Dix Road
Photo of 2 Dix Road
Sold on Feb 28, 2008

1

Map

$561,500
● House - Off Market

2 Dix Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,050 Ft²
$1,151,183
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

West Ledge Area Colonial.  Newer home with 3 bedrooms, 2.5 baths, dining room, living room with fireplace.  Eat-in kitchen.  Hardwood floors in the living areas, wall to wall in the bedrooms.  Full unfinished basement has good head room, 1-car attached garage, deck, and top of the line heated hot tub. Expansion possibilities in walk-up attic.  Short walk to town pier.
Unit Size
2,050 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$278
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1999

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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 #70697026)

Price History

Date / Event Date Event Price
Feb 28, 2008 Sold
Premium
Sold
Jan 14, 2008 Listed $570,000
Listed
Jul 12, 1999 Sold
Premium
Sold
Jan 21, 1999 Listed $359,900
Listed
BRAND NEW HOME ON TREE STUDDED LOT. 1 CAR GARAGE, HARDWOOD FLOORS.
Dec 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 5
  • 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: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,682
  • Total Building Area: 2,294
  • Gross Building Area: 3,830
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUENA VISTA
  • Land Acres: 0000000130
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0105 B:0054 L:0
  • Block: 54
  • Municipality: MARBLEHEAD
  • Latitude: 42.5036
  • Longitude: -70.8725

    Address

  • Full Address: 2 Dix Rd
  • Address - House Number: 2
  • Address - Street Name: Dix
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C010
  • 4-Digit Zip Code: 1329
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $899,400

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,007,474
  • High Value: 1,177,763
  • Low Value: 837,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,003,800
  • Assessed Land Value: $504,800
  • Assessed Improvements Value: $499,000

    Sales

  • Current Sale Recording Date: Feb 28, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 12, 1999
  • Previous Sale Amount: $359,900
  • 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:

$995,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2886 ft²

Average Home Age

92.8 years

Currently For Sale

42 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: 4 months ago
Data Source: MLS PIN, MLS# 70697026

Frequently Asked Questions

When was property at 2 Dix Street built and last sold?
The property at 2 Dix Street was built in 1999 and last sold on Jan 1, 1970 for $561,500.
How much is this home worth?
The estimated value of the home located at 2 Dix Street is $633,281.
What are some comparable homes to 2 Dix Street?
There are currently no comparable homes to 2 Dix Street.
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