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Marblehead 01945
25 Cedar St
$325,655
● House - Off Market

25 Cedar St

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$642,514
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Great opportunity to buy an affordable home in Marblehead! This home has expansion possibilities with a large walk up attic. In a great location, a charming two bedroom, four room cape. It is located on a quiet, dead end street, and has a private backyard and a one car garage. It is near beach, schools, park and walking trails. Well maintained home: Installed Water heater 2008, Furnace 2003, Roof 2002, and Windows 2001. Newer wall to wall rugs but has wood floor option under rugs.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$282
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1947

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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 #71491465)

Price History

Date / Event Date Event Price
Apr 24, 2013 Sold
Premium
Sold
Mar 8, 2013 Listed by Coldwell Banker Residential Brokerage - Salem $325,000
Listed by Coldwell Banker Residential Brokerage - Salem

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,536
  • Gross Building Area: 2,364
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLE PARK
  • Land Acres: 0000000115
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0052 B:0006 L:0
  • Block: 6
  • Municipality: MARBLEHEAD
  • Latitude: 42.4915
  • Longitude: -70.8776

    Address

  • Full Address: 25 Cedar St
  • Address - House Number: 25
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C018
  • 4-Digit Zip Code: 1921
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,800

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 797,431
  • High Value: 933,985
  • Low Value: 660,877

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,400
  • Assessed Land Value: $517,500
  • Assessed Improvements Value: $247,900

    Sales

  • Current Sale Recording Date: Apr 24, 2013
  • Current Sale Price:
    Premium
  • Current 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:

$955,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

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# 71491465

Frequently Asked Questions

When was property at 25 Cedar Street built and last sold?
The property at 25 Cedar Street was built in 1947 and last sold on Jan 1, 1970 for $325,655.
How much is this home worth?
The estimated value of the home located at 25 Cedar Street is $344,578.
What are some comparable homes to 25 Cedar Street?
There are currently no comparable homes to 25 Cedar Street.
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