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Marblehead 01945
24 Harbor Avenue
Photo of 24 Harbor Avenue
Sold on Jan 6, 2011

1

Map

$695,000
● House - Off Market

24 Harbor Avenue

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,327 Ft²
$1,655,985
RealtyHop Estimate
113.68%
Since Feb 1, 2011
MA-Boston
Primary Model

About This Property

On Marblehead Neck, there are only 25 means of access to the harbor that have functioning docks.  Boaters, fishermen, swimmers, and water lovers, if you want to be one of them, here is your chance.  This cozy, three bedroom cottage with garage is awaiting you whether it be for summer fun, weekend get-aways, or full time living.  The property is tucked away from the street, and owns approximately 267 feet of harbor front shoreline.
Unit Size
1,327 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$584
Property Type
House
Property Taxes
$884
HOA Dues
-
Year Built
1934

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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: 12 months ago (MLSPIN #71013975)

Price History

Date / Event Date Event Price
Jan 6, 2011 Sold
Premium
Sold
Jan 2, 2010 Listed by Harborside Realty $775,000
Listed by Harborside Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,430
  • Total Building Area: 1,327
  • Gross Building Area: 1,680
  • Building Area: 1,327
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,327
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLES W PHELAN
  • Land Acres: 0000000125
  • 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: LSR

Geography

  • District: 168
  • Parcel: MARB M:0907 B:0002 L:0
  • Block: 2
  • Municipality: MARBLEHEAD
  • Latitude: 42.4938
  • Longitude: -70.8447

    Address

  • Full Address: 24 Harbor Ave
  • Address - House Number: 24
  • Address - Street Name: Harbor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C011
  • 4-Digit Zip Code: 3604
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,289,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,319,260
  • High Value: 1,525,021
  • Low Value: 1,113,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,438,700
  • Assessed Land Value: $1,258,300
  • Assessed Improvements Value: $180,400

    Sales

  • Current Sale Recording Date: Jan 06, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 14, 2004
  • Previous Sale Document Type: 27
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

$553

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

Rentals Near You

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Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 71013975

Frequently Asked Questions

When was property at 24 Harbor Avenue built and last sold?
The property at 24 Harbor Avenue was built in 1934 and last sold on Jan 1, 1970 for $695,000.
How much is this home worth?
The estimated value of the home located at 24 Harbor Avenue is $0.
What are some comparable homes to 24 Harbor Avenue?
There are currently no comparable homes to 24 Harbor Avenue.
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