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Marblehead 01945
2 Fairview Rd
Photo of 2 Fairview Rd
Sold on Mar 25, 2009

1

Map

$292,000
● House - Off Market

2 Fairview Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,114 Ft²
$653,635
RealtyHop Estimate
118.61%
Since Apr 1, 2009
MA-Boston
Primary Model

About This Property

WONDERFULL LARGE 4+ BEDROOMS, 4 FULL BATHS, WALK TO DOWNTOWN MARBLEHEAD AND REDDS POND, IST FLOOR HAS OPEN LAYOUT W/ LARGE FAMILY ROOM W/ WOOD STOVE AND SPIRAL STAIRCASE TO 2ND FL MASTER BEDROOM, NEW KITCHEN, HARDWOOD AND GRANITE FLOORS THRCOLONIAL,  WALK TO DOWNTOWN MARBLEHEAD AND REDDS POND, IST FLOOR HAS OPEN LAYOUT W/ LARGE FAMILY ROOM W/ WOOD STOVE AND SPIRAL STAIRCASE TO 2ND FL MASTER BEDROOM, NEW KITCHEN, HARDWOOD AND GRANITE FLOORS THROUGHOUT, FINISHED LOWER LEVEL FAMILY ROOM OR IN-LAW
Unit Size
2,114 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$141
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1970

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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 #70845467)

Price History

Date / Event Date Event Price
Mar 25, 2009 Sold
Premium
Sold
Nov 11, 2008 Listed $299,000
Listed
Nov 3, 2008 Sold
Premium
Sold
Apr 29, 2004 Sold
Premium
Sold
Aug 19, 2003 Listed by Carlson GMAC Real Estate $429,000
Listed by Carlson GMAC Real Estate
WONDERFUL FAMILY HOME WITH IN-LAW SUITE. 4 BEDROOMS, 3 FULL BATHS AND LARGE FAMILY ROOM WITH WOOD STOVE.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 1,012
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,830
  • Total Building Area: 2,024
  • Gross Building Area: 3,166
  • Building Area: 2,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000111
  • 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: U

Geography

  • District: 168
  • Parcel: MARB M:0145 B:005A L:0
  • Block: 5A
  • Municipality: MARBLEHEAD
  • Latitude: 42.5079
  • Longitude: -70.8582

    Address

  • Full Address: 2 Fairview Rd
  • Address - House Number: 2
  • Address - Street Name: Fairview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C006
  • 4-Digit Zip Code: 2420
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $627,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 789,657
  • High Value: 923,245
  • Low Value: 656,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $700,000
  • Assessed Land Value: $491,900
  • Assessed Improvements Value: $208,100

    Sales

  • Current Sale Recording Date: Mar 25, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 03, 2008
  • Previous Sale Amount: $389,892
  • Previous Sale Document Type: 34
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

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70845467

Frequently Asked Questions

When was property at 2 Fairview Road built and last sold?
The property at 2 Fairview Road was built in 1970 and last sold on Jan 1, 1970 for $291,000.
How much is this home worth?
The estimated value of the home located at 2 Fairview Road is $347,785.
What are some comparable homes to 2 Fairview Road?
There are currently no comparable homes to 2 Fairview Road.
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