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Marblehead 01945
218 Green St
Photo of 218 Green St
Sold on Sep 9, 2025

18

Map

Photo of 218 Green St
Photo of 218 Green St
$700,000
● House - Off Market

218 Green St

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,990 Ft²
$3,958
Est. Monthly
3.89%
Cap Rate

About This Property

This Ranch style home offers one level living on a spacious lot and a one plus car garage. Expansion possibilities abound by adding up or out onto the existing home. Just a short walk to almost 50 acres of Conservation land offering over 1.6 miles of wooded trails, ponds, and incredible wildlife and just around the corner from Stramski Park with playground and boating access to Salem Harbor and access to Danger Beach for additional harbor access at end of street. Also, the home is a close distance to Grace Oliver's Beach and Marblehead's tidal islands. The first floor has easy access to the large, private backyard. The lower-level offers finished living space with fireplace. The large, flat yard offers plenty of family and entertaining space.
Unit Size
1,990 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$349
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1960

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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: 2 years ago (MLSPIN #73401054)

Price History

Date / Event Date Event Price
Sep 9, 2025 Sold
Premium
Sold
Jul 15, 2025 In contract -
In contract
Jul 8, 2025 Listed by William Raveis R.E. & Home Services $695,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,750
  • Total Building Area: 1,783
  • Gross Building Area: 2,844
  • Building Area: 1,783
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,783
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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:0025 L:0
  • Block: 25
  • Municipality: MARBLEHEAD
  • Latitude: 42.5161
  • Longitude: -70.8621

    Address

  • Full Address: 218 Green St
  • Address - House Number: 218
  • 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: $629,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 773,378
  • High Value: 895,536
  • Low Value: 651,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,700
  • Assessed Land Value: $566,000
  • Assessed Improvements Value: $136,700
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

$553

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# 73401054

Frequently Asked Questions

When was property at 218 Green Street built and last sold?
The property at 218 Green Street was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 218 Green Street is $723,712.
What are some comparable homes to 218 Green Street?
There are currently no comparable homes to 218 Green Street.
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