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Marblehead 01945
269 West Shore Dr
$639,900
● House - Off Market

269 West Shore Dr

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,229 Ft²
$675,250
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Wonderful location abutting Bud Orne Park with close proximity to Stramski Beach and Gerry Playground. Split Entry with possible 5 bedrooms and two family rooms, this house is versatile for today's' needs. Make an office and work from home and still have four bedrooms and two full baths. Open floor plan with very spacious living/dining room, kitchen, family room with access to a deck, three bedrooms and full bath make up the main level. The totally finished lower level has a huge family room with fireplace, full bath, bedroom and another bedroom/office/work out room with access to rear yard. Newly painted exterior 2021, newer roof 2017,  New carpeting in both bedrooms in lower level. Andersen windows. Outside irrigation.
Unit Size
2,229 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$287
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
1968

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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 #73001212)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Jun 21, 2022 Listed by RE/MAX 360 $639,900
Listed by RE/MAX 360

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,365
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,905
  • Total Building Area: 2,229
  • Gross Building Area: 2,871
  • Building Area: 2,229
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,229
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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:0138 B:044B L:0
  • Block: 44B
  • Municipality: MARBLEHEAD
  • Latitude: 42.5086
  • Longitude: -70.8635

    Address

  • Full Address: 269 W Shore Dr
  • Address - House Number: 269
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C029
  • 4-Digit Zip Code: 1428
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,200

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 797,229
  • High Value: 933,891
  • Low Value: 660,568

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,000
  • Assessed Land Value: $460,900
  • Assessed Improvements Value: $152,100

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220930003880
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# 73001212

Frequently Asked Questions

When was property at 269 West Shore Drive built and last sold?
The property at 269 West Shore Drive was built in 1968 and last sold on Sep 30, 2022 for $639,900.
How much is this home worth?
The estimated value of the home located at 269 West Shore Drive is $646,299.
What are some comparable homes to 269 West Shore Drive?
There are currently no comparable homes to 269 West Shore Drive.
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