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Marblehead 01945
20 Knight Ave
$660,000
● House - Off Market

20 Knight Ave

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,420 Ft²
$984,232
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

This split entrance home with water views of the Salem Harbor and carriage house has endless design possibilities.  This corner lot home boasts one story living, an open concept living room with wood burning fireplace, dining room with a view and a slider to an exterior deck, a sweet kitchen with skylight, 3 bedrooms, and an updated bathroom complete the second floor.  Once entering this home you are greeted by custom woodwork and an oversized family room with wood burning fireplace, custom built-ins, 2 car attached garage, full bathroom, laundry room, and a double slider to the spacious backyard.  Another gift of his home is the Carriage House that could fit a car and 1/2 and or a work shop with additional loft space. Bring your visions and dreams of living waterside.
Unit Size
2,420 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$289
Property Type
House
Property Taxes
$605
HOA Dues
-
Year Built
1962

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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 #72590088)

Price History

Date / Event Date Event Price
Feb 14, 2020 Sold
Premium
Sold
Nov 7, 2019 Listed by Cornerlot $699,000
Listed by Cornerlot

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,500
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Total Building Area: 2,420
  • Gross Building Area: 3,404
  • Building Area: 2,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,420
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEWE PARK ANX
  • Land Acres: 0000000310
  • 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:0122 B:0017 L:0
  • Block: 17
  • Municipality: MARBLEHEAD
  • Latitude: 42.507
  • Longitude: -70.8715

    Address

  • Full Address: 20 Knight Ave
  • Address - House Number: 20
  • Address - Street Name: Knight
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1332
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,100

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 974,871
  • High Value: 1,141,269
  • Low Value: 808,472

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $891,900
  • Assessed Land Value: $622,400
  • Assessed Improvements Value: $269,500

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20200214003080
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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72590088

Frequently Asked Questions

When was property at 20 Knight Avenue built and last sold?
The property at 20 Knight Avenue was built in 1962 and last sold on Feb 10, 2020 for $660,000.
How much is this home worth?
The estimated value of the home located at 20 Knight Avenue is $743,683.
What are some comparable homes to 20 Knight Avenue?
There are currently no comparable homes to 20 Knight Avenue.
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