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Marblehead 01945
23 Prince St
$276,000
● House - Off Market

23 Prince St

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,039 Ft²
$622,484
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

Contractor special.  This property is sold as a package-consisting of  a single family home and the adjoining level, cleared lot (.33 acres or 14,222 sf) posted in MLS #: 72254761, get both for one price. Ideally located adjacent to the bike path, very close to town, shops, and beach on a lovely side street surrounded by woods behind.  Lots of potential exists to renovate this property into a charming home or possibly expand, however, no guaranty of lot use is being made. Buyer must complete their own research before presenting an offer, offers will not be accepted with "building or variance contingencies", please perform due diligence before presenting any offers. This is not a short sale.
Unit Size
1,039 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$384
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #72254762)

Price History

Date / Event Date Event Price
Dec 29, 2017 Sold
Premium
Sold
Nov 12, 2017 Listed by Options Real Estate Services, LLC $399,000
Listed by Options Real Estate Services, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 879
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,140
  • Total Building Area: 1,039
  • Gross Building Area: 2,110
  • Building Area: 1,039
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,039
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0098 B:0010 L:0
  • Block: 10
  • Municipality: MARBLEHEAD
  • Latitude: 42.498
  • Longitude: -70.8644

    Address

  • Full Address: 23 Prince St
  • Address - House Number: 23
  • Address - Street Name: Prince
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 2241
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,900

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 681,225
  • High Value: 798,001
  • Low Value: 564,448

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,300
  • Assessed Land Value: $541,800
  • Assessed Improvements Value: $77,500

    Sales

  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171229005410
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72254762

Frequently Asked Questions

When was property at 23 Prince Street built and last sold?
The property at 23 Prince Street was built in 1959 and last sold on Jan 1, 1970 for $276,000.
How much is this home worth?
The estimated value of the home located at 23 Prince Street is $403,096.
What are some comparable homes to 23 Prince Street?
There are currently no comparable homes to 23 Prince Street.
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