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Marblehead 01945
215 Atlantic Ave
$439,900
● House - Off Market

215 Atlantic Ave

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$803,159
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

Lovely Cape minutes from Goldthwait beach. Featuring natural cedar siding, updated kitchen, 2 full bths, Anderson windows & architectural roof is 4 yrs old. South facing, sunny & open layout. Fireplace family room opens to kitchen w/ granite, ss appliances & island. Formal dining room w/ hidden office & sliders leading to large back deck. Beautifully landscaped fenced yard w/ shed. A treasure that's just walking distance to beach, close to downtown shopping, train station and all that Marblehead has to offer.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$327
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1960

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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 #71641563)

Price History

Date / Event Date Event Price
Apr 29, 2014 Sold
Premium
Sold
Mar 7, 2014 Listed by RE/MAX Advantage Real Estate $439,900
Listed by RE/MAX Advantage Real Estate
Dec 31, 2009 Sold
Premium
Sold
Jul 20, 2009 Listed by RE/MAX Advantage Real Estate $399,500
Listed by RE/MAX Advantage Real Estate
Jul 25, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,457
  • Total Building Area: 1,344
  • Gross Building Area: 2,568
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITH FARM
  • Land Acres: 0000000148
  • 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:0063 B:0026 L:0
  • Block: 26
  • Municipality: MARBLEHEAD
  • Latitude: 42.4896
  • Longitude: -70.8657

    Address

  • Full Address: 215 Atlantic Ave
  • Address - House Number: 215
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C015
  • 4-Digit Zip Code: 2838
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $581,000

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 827,204
  • High Value: 956,153
  • Low Value: 698,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,400
  • Assessed Land Value: $480,400
  • Assessed Improvements Value: $168,000

    Sales

  • Current Sale Recording Date: Apr 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42900299
  • Previous Sale Recording Date: Dec 31, 2009
  • Previous Sale Amount: $395,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71641563

Frequently Asked Questions

When was property at 215 Atlantic Avenue built and last sold?
The property at 215 Atlantic Avenue was built in 1960 and last sold on Jan 1, 1970 for $439,900.
How much is this home worth?
The estimated value of the home located at 215 Atlantic Avenue is $459,258.
What are some comparable homes to 215 Atlantic Avenue?
There are currently no comparable homes to 215 Atlantic Avenue.
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