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Marblehead 01945
214 Green Street
$720,000
● House - Off Market

214 Green Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,648 Ft²
$741,175
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Charming property in historic Marblehead. This nicely updated 3 bedroom, 1.5 bath home is on the site of one of the oldest homes (~1649) on the water side of Green Street, that's when Green Street was named Ferry Lane. The first floor has a nicely updated kitchen that opens to a generous open plan dining and living space with fireplace. A bedroom and half bath with laundry complete the first floor. The second floor has two bedrooms, an updated full bath and storage in the eves. Nice patio and stone wall behind the house, and a lovely yard with detached storage shed. The good-sized unfinished basement is dry, and the driveway has room for up to 3 cars. Many updates including new roof in 2021, new exterior paint in 2021, new 220V service, and much more. See the separate attached sheet for all the upgrade information.
Unit Size
1,648 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$454
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73140617)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Jul 25, 2023 Listed by Sagan Harborside Sotheby's International Realty $749,000
Listed by Sagan Harborside Sotheby's International Realty
Jun 1, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 420
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,390
  • Total Building Area: 1,649
  • Gross Building Area: 2,100
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0158 B:0024 L:0
  • Block: 24
  • Municipality: MARBLEHEAD
  • Latitude: 42.516
  • Longitude: -70.8617

    Address

  • Full Address: 214 Green St
  • Address - House Number: 214
  • Address - Street Name: Green
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C025
  • 4-Digit Zip Code: 1536
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $671,800

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 771,493
  • High Value: 903,743
  • Low Value: 639,243

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $749,800
  • Assessed Land Value: $530,500
  • Assessed Improvements Value: $219,300

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230929002880
  • Previous Sale Recording Date: Jun 01, 1990
  • Previous Sale Amount: $167,000
  • 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

$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: 4 months ago
Data Source: MLS PIN, MLS# 73140617

Frequently Asked Questions

When was property at 214 Green Street built and last sold?
The property at 214 Green Street was built in 1900 and last sold on Sep 29, 2023 for $720,000.
How much is this home worth?
The estimated value of the home located at 214 Green Street is $767,535.
What are some comparable homes to 214 Green Street?
There are currently no comparable homes to 214 Green Street.
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