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Marblehead 01945
25 Puritan Road
$392,000
● House - Off Market

25 Puritan Road

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$712,595
RealtyHop Estimate
78.60%
Since May 1, 2015
MA-Boston
Primary Model

About This Property

Great opportunity to live in Marblehead and belong to the Ocean Park Neighborhood Association: beach and dock rights and neighborhood gatherings all for $75/year . This charming New England Cape is completely renovated and  in move in condition. Newer windows and roof, updated eat in kitchen, 2 full baths, new paver walkway, wired for AC, 2 car parking and a sweet yard all  in a great location close to town. Could easily be converted back into a 3 bedroom home.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$339
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #71742069)

Price History

Date / Event Date Event Price
Apr 8, 2015 Sold
Premium
Sold
Sep 11, 2014 Listed by Sagan Agency REALTORS® $399,000
Listed by Sagan Agency REALTORS®
May 12, 2011 Sold
Premium
Sold
Jan 29, 2011 Listed by Sagan Agency REALTORS® $370,000
Listed by Sagan Agency REALTORS®
Mar 10, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 896
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,760
  • Total Building Area: 1,400
  • Gross Building Area: 2,464
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN PARK
  • Land Acres: 0000000086
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0139 B:0025 L:0
  • Block: 25
  • Municipality: MARBLEHEAD
  • Latitude: 42.5085
  • Longitude: -70.8655

    Address

  • Full Address: 25 Puritan Rd
  • Address - House Number: 25
  • Address - Street Name: Puritan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1422
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 707,016
  • High Value: 817,386
  • Low Value: 596,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,900
  • Assessed Land Value: $475,800
  • Assessed Improvements Value: $147,100

    Sales

  • Current Sale Recording Date: Apr 08, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40800369
  • Previous Sale Recording Date: May 12, 2011
  • Previous Sale Amount: $350,000
  • 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:

$995,000

Sale Price/ft²

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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# 71742069

Frequently Asked Questions

When was property at 25 Puritan Road built and last sold?
The property at 25 Puritan Road was built in 1935 and last sold on Jan 1, 1970 for $392,000.
How much is this home worth?
The estimated value of the home located at 25 Puritan Road is $414,961.
What are some comparable homes to 25 Puritan Road?
There are currently no comparable homes to 25 Puritan Road.
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