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Marblehead 01945
29 Birch Street
$495,000
● House - Off Market

29 Birch Street

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,151 Ft²
$913,658
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Classic 4 bedroom, 2.5 Bath Center Entrance Colonial with 1-car attached garage.  This well-loved home has a great deal of space with a large, fireplaced living room, adjacent family room addition with bay window and built-in shelving, eat-in kitchen with cherry cabinetry and an elegant dining room right next door with built-in china cabinet.  A half bath and laundry complete the first level.  Upstairs are 4 bedrooms and two full baths including a Master Suite.  The basement is partially finished with plenty of space for a great playroom or den and a utility/work area on the other side.  Includes a beautifully tiered backyard with stone retaining wall and attached garage.  Some recent updates including newer windows and hot water tank (2013).
Unit Size
2,151 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$241
Property Type
House
Property Taxes
$498
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 #71789457)

Price History

Date / Event Date Event Price
May 19, 2015 Sold
Premium
Sold
Feb 2, 2015 Listed by J. Barrett & Company $519,000
Listed by J. Barrett & Company

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 660
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,151
  • Gross Building Area: 3,575
  • Building Area: 2,151
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,151
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0041 L:0
  • Block: 41
  • Municipality: MARBLEHEAD
  • Latitude: 42.4923
  • Longitude: -70.8782

    Address

  • Full Address: 29 Birch St
  • Address - House Number: 29
  • Address - Street Name: Birch
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C013
  • 4-Digit Zip Code: 1942
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $852,200

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 957,935
  • High Value: 1,121,973
  • Low Value: 793,896

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $951,100
  • Assessed Land Value: $533,300
  • Assessed Improvements Value: $417,800

    Sales

  • Current Sale Recording Date: May 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51900488
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

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 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# 71789457

Frequently Asked Questions

When was property at 29 Birch Street built and last sold?
The property at 29 Birch Street was built in 1940 and last sold on Jan 1, 1970 for $495,000.
How much is this home worth?
The estimated value of the home located at 29 Birch Street is $558,947.
What are some comparable homes to 29 Birch Street?
There are currently no comparable homes to 29 Birch Street.
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