$691,500
●
Condo -
Off Market
2 Jackson Road #0
Marblehead, MA 01945
4 Beds
2 Baths,
1
Half Bath
3,400 Ft²
$1,420,332
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model
About This Property
Extensively renovated 4 bdrm condo in desirable Greystone
neighborhood. Features include a granite/cherry kitchen which steps
out to back deck overlooking fenced in yard and also offers a
separate DR, fireplaced LR and sunroom. Finished basement
with plenty of room for tv/play and workout area. Exclusive use of
yard space and paver driveway. Roof, a/c, electrical
and all windows (49!) are new.....deeded beach rights included!
Unit Size
3,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
$440
HOA Dues
-
Year Built
1935
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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 #70825183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2008 | Sold | ||
| Sold | |||
| Sep 23, 2008 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $679,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Oven, Dishwasher, Disposal, Range, Refrigerator
Door Features: Storm Door(s)
Laundry Features: Washer Hookup, Closet - Linen, Second Floor
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 3400
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1935
Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Association)
Building Name: The Greystone Condominium
Building Area Total: 3400
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Brick
Patio and Porch Features: Porch, Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $633,400
Tax Annual Amount: $5,283
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: N/A
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 |
|---|---|---|---|---|---|---|---|
|
11/13/2014
|
4 Bed
|
2 Bath
|
2981 ft²
|
$739,000
4 Bed
2 Bath
2981 ft²
|
$710,000
-3.92%
02/20/2015
|
Kathleen Sullivan
Sullivan Realty Group
| |
|
09/23/2008
| |
4 Bed
|
3 Bath
|
3400 ft²
|
$679,000
4 Bed
3 Bath
3400 ft²
|
$691,500
+1.84%
11/25/2008
|
Kathleen Sullivan
Sullivan Realty Group
|
|
09/07/1999
|
4 Bed
|
3 Bath
|
2700 ft²
|
$419,500
4 Bed
3 Bath
2700 ft²
|
$397,000
-5.36%
10/22/1999
|
Karen Randall
Coldwell Banker Realty - Marblehead
| |
|
03/26/1996
|
4 Bed
|
3 Bath
|
3913 ft²
|
$315,000
4 Bed
3 Bath
3913 ft²
|
$308,000
-2.22%
09/16/1996
|
Avitus Aiello
Keller Williams Realty Evolution
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017