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Marblehead 01945
219 West Shore Drive
$1,050,000
● House - Off Market

219 West Shore Drive

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$796,934
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Quintessential New England Cape on huge flat lot. with large set back from street.  Hardwood floors, first level bedroom and full bath.  Living room with fireplace and custom built in bookcases. Extra long driveway offers ample parking.  Huge 2 car garage/barn with pull down for access to spacious second level.  The barn offers drivethru access with garage door on back side.  Lot offers great privacy or great boat/rv storage area.  Sprinkler system, invisible fence. Open Houses Sat. June 10 and Sun June 11 12-2. Offer review Mon. June 12 at 5 PM.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$560
Property Type
House
Property Taxes
$646
HOA Dues
-
Year Built
1955

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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 #73122313)

Price History

Date / Event Date Event Price
Jul 6, 2023 Sold
Premium
Sold
Jun 14, 2023 In contract -
In contract
Jun 8, 2023 Listed by William Raveis R.E. & Home Services $799,000
Listed by William Raveis R.E. & Home Services
Jun 29, 2021 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,019
  • Total Building Area: 1,428
  • Gross Building Area: 2,936
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000368
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0124 B:0041 L:0
  • Block: 41
  • Municipality: MARBLEHEAD
  • Latitude: 42.5055
  • Longitude: -70.8662

    Address

  • Full Address: 219 W Shore Dr
  • Address - House Number: 219
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1321
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $700,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 884,518
  • High Value: 1,039,553
  • Low Value: 729,483

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $782,300
  • Assessed Land Value: $598,900
  • Assessed Improvements Value: $183,400

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230706000870
  • Previous Sale Recording Date: Jun 29, 2021
  • Previous Sale Contract Date: Jun 29, 2021
  • Previous Sale Amount: $595,000
  • 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:

$995,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 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# 73122313

Frequently Asked Questions

When was property at 219 West Shore Drive built and last sold?
The property at 219 West Shore Drive was built in 1955 and last sold on Jun 20, 2023 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 219 West Shore Drive is $831,887.
What are some comparable homes to 219 West Shore Drive?
There are currently no comparable homes to 219 West Shore Drive.
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