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Marblehead 01945
20 Shetland Rd
$1,150,000
● House - Off Market

20 Shetland Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,952 Ft²
$5,564
Est. Monthly

About This Property

Move right into the perfect home located in the Clifton Neighborhood of Marblehead. This 3 bed, 2.5 bath home has all the space you are looking for, but the real draw are the high end finishes and open concept. Entertain your family and friends around the beautifully designed kitchen with all the custom finishes you could ask for. Pride in ownership is apparent in every part of the house with impressive updates throughout. Traditional layout with three spacious bedrooms upstairs including a primary suite with a bathroom. The back porch and yard are perfect for summer BBQ's and fall fire pit activities. Close to Glover School and an easy commute out of town into Boston.
Unit Size
1,952 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$512
Property Type
House
Property Taxes
$658
HOA Dues
-
Year Built
1945

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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 #73179189)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Premium
Sold
Nov 14, 2023 In contract -
In contract
Nov 9, 2023 Listed by MerryFox Realty $999,000
Listed by MerryFox Realty
Jun 7, 2011 Sold
Premium
Sold
Mar 22, 2011 Listed by MerryFox Realty $449,000
Listed by MerryFox Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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: 5
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,928
  • Total Building Area: 1,952
  • Gross Building Area: 4,398
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0031 B:0024 L:0
  • Block: 24
  • Municipality: MARBLEHEAD
  • Latitude: 42.4875
  • Longitude: -70.88

    Address

  • Full Address: 20 Shetland Rd
  • Address - House Number: 20
  • Address - Street Name: Shetland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C020
  • 4-Digit Zip Code: 1824
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $831,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 1,031,868
  • High Value: 1,114,715
  • Low Value: 949,021

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $928,100
  • Assessed Land Value: $560,000
  • Assessed Improvements Value: $368,100

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 648522
  • Previous Sale Recording Date: Jun 07, 2011
  • Previous Sale Amount: $449,000
  • Previous Sale Document Type: O
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

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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 months ago
Data Source: MLS PIN, MLS# 73179189

Frequently Asked Questions

When was property at 20 Shetland Road built and last sold?
The property at 20 Shetland Road was built in 1945 and last sold on Dec 8, 2023 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 20 Shetland Road is $1,018,179.
What are some comparable homes to 20 Shetland Road?
There are currently no comparable homes to 20 Shetland Road.
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