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Marblehead 01945
28 Knight Avenue
$333,000
● House - Off Market

28 Knight Avenue

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,134 Ft²
$662,328
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model

About This Property

Wonderful bright and sunny three bedroom home offering an entry way extending into the kitchen, a mudroom with laundry hook up and extra room for a pantry.  The kitchen is updated with plenty of cabinets, stainless steel appliances and hardwood floors.   The main level also offers a dining area with a fireplace, a spacious living room, office and full bath. The second floor has three bedrooms and a second bathroom. Other features include a new high efficient gas heating system, added insulation, updated electrical, new windows, 3-4 car parking, a shed for storage, a deck, patio, nice fenced yard and much more.  This home is a short walk to Salem Harbor and has peaks from the second floor master bedroom.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$317
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1940

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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 #71629959)

Price History

Date / Event Date Event Price
Mar 28, 2014 Sold
Premium
Sold
Feb 4, 2014 Listed by J. Barrett & Company $359,000
Listed by J. Barrett & Company
Jul 29, 2011 Sold
Premium
Sold
May 6, 2011 Listed by J. Barrett & Company $349,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 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: 3,741
  • Total Building Area: 1,134
  • Gross Building Area: 1,324
  • Building Area: 1,134
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,134
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYVIEW 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:0122 B:0023 L:0
  • Block: 23
  • Municipality: MARBLEHEAD
  • Latitude: 42.5075
  • Longitude: -70.871

    Address

  • Full Address: 28 Knight Ave
  • Address - House Number: 28
  • Address - Street Name: Knight
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1308
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $521,900

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 642,740
  • High Value: 752,919
  • Low Value: 532,561

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $582,500
  • Assessed Land Value: $475,600
  • Assessed Improvements Value: $106,900

    Sales

  • Current Sale Recording Date: Mar 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2886 ft²

Average Home Age

92.8 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: 4 months ago
Data Source: MLS PIN, MLS# 71629959

Frequently Asked Questions

When was property at 28 Knight Avenue built and last sold?
The property at 28 Knight Avenue was built in 1940 and last sold on Jan 1, 1970 for $333,000.
How much is this home worth?
The estimated value of the home located at 28 Knight Avenue is $377,545.
What are some comparable homes to 28 Knight Avenue?
There are currently no comparable homes to 28 Knight Avenue.
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