$485,000
●
Condo -
Off Market
20 Ocean Ave #2
Marblehead, MA 01945
2 Beds
2 Baths
1,406 Ft²
$836,258
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model
About This Property
Welcome to one floor living in Marblehead with plenty of PARKING!!
Recently updated unit is conveniently located at the corner
of Atlantic and Ocean Streets. There are maple cabinets,
granite and stainless steel appliances in the kitchen, Well
appointed walk in closet, fireplace master bedroom with MR BA and
whirlpool tub. The living room has wonder natural light,
hardwood floors, central AC and a view of the patio and pool.
The rooms are generous in size and there is a private storage
area in the basement. Come to Marblehead! Just around
the corner from shopping, Devereaux Beach, the Library, Seaside
Park and the Harbor. Do not wait on this one!! Easy to
show.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
-
Price per sqft
$356
Property Type
Condo
Property Taxes
$389
HOA Dues
$386
Year Built
-
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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: 6 months ago (MLSPIN #71992425)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2016 | Sold | ||
| Sold | |||
| Apr 21, 2016 | Listed by J. Barrett & Company | $499,900 | |
| Listed by J. Barrett & Company | |||
| Jun 1, 2015 | Sold | ||
| Sold | |||
| Mar 17, 2015 | Listed by J. Barrett & Company | $449,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
This is it--the carefree lifestyle you’ve been waiting for! Easy access to this first floor, one level 1400 s.f. condo. Bright, spacious feeling 2 bedroom, 2 full bath with high ceilings. Gorgeous, new expertly designed kitchen and bath, 2 car parking, central air, oversized master with fireplace, great closet space and in-unit laundry. Don't let this one pass you by.
| |||
| Jun 30, 2008 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Guest, Paved, Exclusive Parking
Interior Details
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Vacuum System
Flooring Type: Tile, Carpet, Hardwood
Door Features: Insulated Doors
Laundry Features: Main Level, Electric Dryer Hookup, Washer Hookup, In Unit, First Floor
Rooms: 4
Has Fireplace
Fireplace Features: Master Bedroom
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1406
Square Footage Source: $0
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Beach Access, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Ocean Condos
Building Area Total: 1406
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $420,300
Tax Annual Amount: $4,665
Utilities Details
Cooling Type: Central Air, Individual
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Storage
HOA Fee: $386
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
09/29/2022
|
4 Bed
|
3 Bath
|
-
|
$799,000
4 Bed
3 Bath
|
-
-
|
Beth Dickerson
Gibson Sotheby's International Realty
| |
|
05/13/2020
|
4 Bed
|
2 Bath
|
2725 ft²
|
$683,500
4 Bed
2 Bath
2725 ft²
|
$683,500
06/25/2020
|
Merry Fox Team
MerryFox Realty
| |
|
09/10/2019
|
3 Bed
|
2 Bath
|
1578 ft²
|
$479,900
3 Bed
2 Bath
1578 ft²
|
$510,000
+6.27%
11/08/2019
|
Kristin King
Coldwell Banker Realty - Marblehead
| |
|
09/12/2017
|
4 Bed
|
3 Bath
|
2725 ft²
|
$569,000
4 Bed
3 Bath
2725 ft²
|
$520,000
-8.61%
05/04/2018
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
| |
|
04/21/2016
|
2 Bed
|
2 Bath
|
1406 ft²
|
$499,900
2 Bed
2 Bath
1406 ft²
|
$485,000
-2.98%
06/30/2016
|
Gail Guittarr
J. Barrett & Company
| |
|
03/17/2015
|
2 Bed
|
2 Bath
|
1406 ft²
|
$449,900
2 Bed
2 Bath
1406 ft²
|
$452,150
+0.50%
06/01/2015
|
Gail Guittarr
J. Barrett & Company
| |
|
01/18/2010
|
4 Bed
|
2 Bath
|
3063 ft²
|
$499,000
4 Bed
2 Bath
3063 ft²
|
$435,000
-12.83%
07/23/2010
|
Goldberg - Jones
Sagan Agency REALTORS®
| |
|
05/15/2007
|
2 Bed
|
2 Bath
|
1406 ft²
|
$449,900
2 Bed
2 Bath
1406 ft²
|
$449,900
06/30/2008
|
Sharon Livermore
Coldwell Banker Realty - Marblehead
| |
|
03/23/2004
|
3 Bed
|
2 Bath
|
1578 ft²
|
$494,000
3 Bed
2 Bath
1578 ft²
|
$480,000
-2.83%
08/04/2004
|
Joanna Schrenko
Sagan Agency REALTORS®
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017