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Marblehead 01945
2 Mariners Lane
$335,000
● House - Off Market

2 Mariners Lane

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,045 Ft²
$1,523,661
RealtyHop Estimate
341.77%
Since Jun 1, 1996
MA-Boston
Primary Model

About This Property

SUNNY, SOUTH FACING HARBORVIEW TOWHOUSE. QUIET PRIVATE WAY STEPS TO TOWN, BEACHES, SHOPS, GREAT KITCHEN. LARGE DECK, GARDEN. GARAGE.
Unit Size
2,045 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$169
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1948

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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 years ago (MLSPIN #30090048)

Price History

Date / Event Date Event Price
Nov 3, 2010 Sold
Premium
Sold
Jun 7, 2010 Listed by Bryce Suydam $635,000
Listed by Bryce Suydam
May 28, 1996 Sold
Premium
Sold
Feb 17, 1996 Listed by Bryce Suydam $344,900
Listed by Bryce Suydam

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 640
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,871
  • Total Building Area: 1,915
  • Gross Building Area: 3,010
  • Building Area: 1,915
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,915
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARINERS LANE CORP
  • Land Acres: 0000000043
  • 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: 203302

Zoning

  • Zoning: H

Geography

  • District: 168
  • Parcel: MARB M:0148 B:0069 L:0
  • Block: 69
  • Municipality: MARBLEHEAD
  • Latitude: 42.5037
  • Longitude: -70.8481

    Address

  • Full Address: 2 Mariners Ln
  • Address - House Number: 2
  • Address - Street Name: Mariners
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C005
  • 4-Digit Zip Code: 3217
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,092,300

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,114,201
  • High Value: 1,284,832
  • Low Value: 943,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,219,100
  • Assessed Land Value: $804,500
  • Assessed Improvements Value: $414,600

    Sales

  • Current Sale Recording Date: Nov 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 28, 1996
  • Previous Sale Amount: $335,000
  • 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:

$995,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2929 ft²

Average Home Age

95.1 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30090048

Frequently Asked Questions

When was property at 2 Mariner's Lane built and last sold?
The property at 2 Mariner's Lane was built in 1948 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 2 Mariner's Lane is $663,169.
What are some comparable homes to 2 Mariner's Lane?
There are currently no comparable homes to 2 Mariner's Lane.
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