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Marblehead 01945
23 Lincoln Park
$355,000
● House - Off Market

23 Lincoln Park

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,206 Ft²
$631,991
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Unusual opportunity to have your own secret garden anchored by an antique potting shed! Lovely, well appointed 2+ bedroom, 2 bath townhouse style single family tucked away on a quiet  cul-de-sac near downtown. Enjoy the open living/dining room with working fireplace and french doors that lead to a spacious deck that overlooks an intricately designed landscape with charming garden rooms. A finished basement, upgraded systems and parking complete the package! Just move in and enjoy your   own oasis!
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$298
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1968

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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 #71797662)

Price History

Date / Event Date Event Price
May 5, 2015 Sold
Premium
Sold
Mar 2, 2015 Listed by RE/MAX Advantage Real Estate $359,000
Listed by RE/MAX Advantage Real Estate
Nov 29, 2012 Sold
Premium
Sold
Oct 16, 2012 Listed by RE/MAX Advantage Real Estate $329,000
Listed by RE/MAX Advantage Real Estate
Oct 20, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 16
  • 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: 630
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,575
  • Total Building Area: 1,206
  • Gross Building Area: 2,052
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • 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: V

Geography

  • District: 168
  • Parcel: MARB M:0145 B:0037 L:0
  • Block: 37
  • Municipality: MARBLEHEAD
  • Latitude: 42.509
  • Longitude: -70.8574

    Address

  • Full Address: 23 Lincoln Park
  • Address - House Number: 23
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C006
  • 4-Digit Zip Code: 2553
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,600

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 644,571
  • High Value: 787,104
  • Low Value: 502,037

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,100
  • Assessed Land Value: $473,100
  • Assessed Improvements Value: $147,000

    Sales

  • Current Sale Recording Date: May 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50500242
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Amount: $342,000
  • 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:

$992,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71797662

Frequently Asked Questions

When was property at 23 Lincoln Park built and last sold?
The property at 23 Lincoln Park was built in 1968 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 23 Lincoln Park is $378,416.
What are some comparable homes to 23 Lincoln Park?
There are currently no comparable homes to 23 Lincoln Park.
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