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Marblehead 01945
22 Edgewood Road
$525,000
● House - Off Market

22 Edgewood Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,024 Ft²
$970,520
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

This spacious home boasts over 3000 square feet of living space. The house features four spacious bedrooms and 2.5 baths. Oversized kitchen, living/dining room and family room offers ample space for entertaining. There are decks off of each floor, all of which overlook the expansive back yard. New windows throughout most of the house and gleaming new hardwood floors and central AC!  Two car garage and ample parking off street. A stone's throw to town and the schools, this home is set back in a private setting but is also seconds from the bustling town. A must see!
Unit Size
3,024 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$185
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1979

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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 #71857074)

Price History

Date / Event Date Event Price
Aug 27, 2015 Sold
Premium
Sold
Jun 14, 2015 Listed by J. Barrett & Company $559,000
Listed by J. Barrett & Company
Oct 1, 2004 Sold
Premium
Sold
Oct 28, 2003 Listed by J. Barrett & Company $539,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,700
  • Total Building Area: 3,026
  • Gross Building Area: 4,675
  • Building Area: 3,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,026
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000383
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0098 B:0021 L:0
  • Block: 21
  • Municipality: MARBLEHEAD
  • Latitude: 42.4993
  • Longitude: -70.8634

    Address

  • Full Address: 22 Edgewood Rd
  • Address - House Number: 22
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 2242
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 942,518
  • High Value: 1,108,411
  • Low Value: 776,624

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $842,900
  • Assessed Land Value: $536,500
  • Assessed Improvements Value: $306,400

    Sales

  • Current Sale Recording Date: Aug 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 564916
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Amount: $529,000
  • Previous Sale Document Type: 48

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71857074

Frequently Asked Questions

When was property at 22 Edgewood Road built and last sold?
The property at 22 Edgewood Road was built in 1979 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 22 Edgewood Road is $621,872.
What are some comparable homes to 22 Edgewood Road?
There are currently no comparable homes to 22 Edgewood Road.
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