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Marblehead 01945
25 Cloutmans Ln
$845,000
● House - Off Market

25 Cloutmans Ln

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$891,924
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

A GEM OF AN OPPORTUNITY! Pull into the front circle driveway of this picturesque Colonial home surrounded by mature trees and scenic landscape on the highly desirable and tranquil sea-side street that is Cloutman's Lane. This home sits on an incredible .31 acre lot with a fabulously spacious backyard with wooded privacy. Entertain on the huge back deck. Savor the change of seasons from the 4-season sunporch. Relax by the elegant fireplace in the spacious living room with french glass doors to the outside. Finish the incredible basement space for potentially even more room! And enjoy the benefits of both Central A/C and the rare attached 3-car heated garage! So much more, you have to see this one for yourself.
Unit Size
1,688 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$533
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #73158316)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 12, 2023 Listed by RE/MAX Beacon $899,000
Listed by RE/MAX Beacon
Jun 30, 1998 Sold
Premium
Sold
Apr 13, 1998 Listed by RE/MAX Beacon $359,000
Listed by RE/MAX Beacon

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 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: 1,504
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,620
  • Total Building Area: 1,600
  • Gross Building Area: 3,840
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAMBERS PRCL A
  • Land Acres: 0000000313
  • 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:0035 L:0
  • Block: 35
  • Municipality: MARBLEHEAD
  • Latitude: 42.5181
  • Longitude: -70.8596

    Address

  • Full Address: 25 Cloutmans Ln
  • Address - House Number: 25
  • Address - Street Name: Cloutmans
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C025
  • 4-Digit Zip Code: 1503
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,144,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 890,589
  • High Value: 1,043,095
  • Low Value: 738,083

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,277,500
  • Assessed Land Value: $982,600
  • Assessed Improvements Value: $294,900

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20231026002200
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $360,000
  • 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:

$960,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 73158316

Frequently Asked Questions

When was property at 25 Cloutman's Lane built and last sold?
The property at 25 Cloutman's Lane was built in 1973 and last sold on Oct 26, 2023 for $845,000.
How much is this home worth?
The estimated value of the home located at 25 Cloutman's Lane is $890,636.
What are some comparable homes to 25 Cloutman's Lane?
There are currently no comparable homes to 25 Cloutman's Lane.
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