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Marblehead 01945
24 Cloutmans Lane
$683,855
● House - Off Market

24 Cloutmans Lane

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,791 Ft²
$1,052,412
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

This updated Mid-Century Modern Deck House is calling you!  Located in an established neighborhood off West Shore Drive, this one has it all...and a great personality! Loads of windows, great natural light and 2700+ sf of living space on over 10,000 sf of land. Two new baths, hardwood & concrete floors and an open layout with a mindful use of multiple woods call the outside in. The lower level is above grade with walkout access to the yard, a perfect in-law, au-paire or teenage suite. First floor laundry. The home is now vacant and ready for a new owner. Many updates and seasonal harbor views.... OPEN HOUSE Saturday 2/10 ....12-1:30 AND Sunday 2/11...12-1:30.
Unit Size
2,791 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$250
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1957

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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 #72277191)

Price History

Date / Event Date Event Price
Mar 29, 2018 Sold
Premium
Sold
Feb 1, 2018 Listed by Coldwell Banker Residential Brokerage - Marblehead $699,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Sep 18, 2014 Sold
Premium
Sold
Feb 4, 2014 Listed by Coldwell Banker Residential Brokerage - Marblehead $575,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,553
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,570
  • Total Building Area: 2,942
  • Gross Building Area: 3,996
  • Building Area: 2,942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,942
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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:0176 B:0028 L:0
  • Block: 28
  • Municipality: MARBLEHEAD
  • Latitude: 42.5184
  • Longitude: -70.8601

    Address

  • Full Address: 24 Cloutmans Ln
  • Address - House Number: 24
  • Address - Street Name: Cloutmans
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C025
  • 4-Digit Zip Code: 1504
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,094,600

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,046,873
  • High Value: 1,210,150
  • Low Value: 883,596

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,221,600
  • Assessed Land Value: $866,900
  • Assessed Improvements Value: $354,700

    Sales

  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180329001750
  • Previous Sale Recording Date: Sep 18, 2014
  • Previous Sale Amount: $547,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 72277191

Frequently Asked Questions

When was property at 24 Cloutman's Lane built and last sold?
The property at 24 Cloutman's Lane was built in 1957 and last sold on Jan 1, 1970 for $683,855.
How much is this home worth?
The estimated value of the home located at 24 Cloutman's Lane is $745,172.
What are some comparable homes to 24 Cloutman's Lane?
There are currently no comparable homes to 24 Cloutman's Lane.
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