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Marblehead 01945
2 Dodge Rd
$740,000
● House - Off Market

2 Dodge Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,438 Ft²
$1,059,239
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

This great home checks off many of the boxes that today's buyer is hunting for! The 4 bedroom colonial sits on a generous and fenced-in corner lot surrounded with beautiful landscaping. Inside, the home offers 4 bedrooms with a spacious master bedroom suite, an open floor plan and a finished basement. With 10 rooms in total, there is ample space for a home office or plenty of family space. Other features include hardwood floors throughout, central air conditioning and a sliding door off the first floor living space to bring you to the back patio. There is nothing better than living near the water's edge and this house is a short distance away from Stramski Park, Playground, pier and waterfront. Take in life on the water and catch the most amazing sunsets right at the end of the street!
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$318
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
2000

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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 #72631213)

Price History

Date / Event Date Event Price
Jun 18, 2020 Sold
Premium
Sold
Mar 9, 2020 Listed by William Raveis R.E. & Home Services $775,000
Listed by William Raveis R.E. & Home Services
Jan 5, 2007 Sold
Premium
Sold
Sep 26, 2006 Listed by William Raveis R.E. & Home Services $769,000
Listed by William Raveis R.E. & Home Services
Aug 4, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 1,093
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,510
  • Total Building Area: 2,438
  • Gross Building Area: 5,038
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000241
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0154 B:0010 L:0
  • Block: 10
  • Municipality: MARBLEHEAD
  • Latitude: 42.5119
  • Longitude: -70.8613

    Address

  • Full Address: 2 Dodge Rd
  • Address - House Number: 2
  • Address - Street Name: Dodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C029
  • 4-Digit Zip Code: 1406
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $898,600

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,067,903
  • High Value: 1,236,583
  • Low Value: 899,223

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,002,900
  • Assessed Land Value: $523,700
  • Assessed Improvements Value: $479,200

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200618002500
  • Previous Sale Recording Date: Jan 05, 2007
  • Previous Sale Amount: $745,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72631213

Frequently Asked Questions

When was property at 2 Dodge Road built and last sold?
The property at 2 Dodge Road was built in 2000 and last sold on Jun 8, 2020 for $740,000.
How much is this home worth?
The estimated value of the home located at 2 Dodge Road is $810,877.
What are some comparable homes to 2 Dodge Road?
There are currently no comparable homes to 2 Dodge Road.
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