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Marblehead 01945
21 Preston Beach Rd
Photo of 21 Preston Beach Rd
Sold on Sep 4, 2025

34

Map

Photo of 21 Preston Beach Rd
Photo of 21 Preston Beach Rd
$714,288
● House - Off Market

21 Preston Beach Rd

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$3,981
Est. Monthly
3.70%
Cap Rate

About This Property

Fantastic opportunity to own in one of Marblehead's beach area locations. This single level ranch style home offers 2 bedrooms and 1 full bath, situated on a quiet dead-end street just 0.2 miles from Preston Beach. Built on a slab, the home features vaulted ceilings and skylights in most rooms, creating a bright and open feel. The living room includes a wood-burning stove and a wall of windows with views of the yard. The kitchen is open to the dining area with a cathedral ceiling and large bay window. The second bedroom is currently used as a den, providing flexible living space.  Set on a level lot with a storage shed, this property is ideal for those looking to renovate or build equity in a prime location. Don't miss your chance to enjoy coastal living just steps from the beach!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$618
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1935

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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: 2 years ago (MLSPIN #73410616)

Price History

Date / Event Date Event Price
Sep 4, 2025 Sold
Premium
Sold
Aug 6, 2025 In contract -
In contract
Jul 29, 2025 Listed by Coldwell Banker Realty - Marblehead $675,000
Listed by Coldwell Banker Realty - Marblehead

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,590
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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:0006 B:0021 L:0
  • Block: 21
  • Municipality: MARBLEHEAD
  • Latitude: 42.4805
  • Longitude: -70.8822

    Address

  • Full Address: 21 Preston Beach Rd
  • Address - House Number: 21
  • Address - Street Name: Preston Beach
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C023
  • 4-Digit Zip Code: 1724
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $792,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 791,730
  • High Value: 910,477
  • Low Value: 672,982

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $883,900
  • Assessed Land Value: $796,000
  • Assessed Improvements Value: $87,900
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

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 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

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73410616

Frequently Asked Questions

When was property at 21 Preston Beach Road built and last sold?
The property at 21 Preston Beach Road was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21 Preston Beach Road is $0.
What are some comparable homes to 21 Preston Beach Road?
There are currently no comparable homes to 21 Preston Beach Road.
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