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Marblehead 01945
29 Pilgrim Road
$603,983
● House - Off Market

29 Pilgrim Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,431 Ft²
$1,134,265
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

This like-new home has a wonderful open floor plan with sunny exposure, lovely views and privacy. It has been meticulously updated, inside and outside, including: deluxe chefs kitchen, "to die for" private master suite with fireplace and 9x12 bathroom with whirlpool, central air, gas heating, gleaming hardwood floors, soaring ceilings, oversized windows, recessed lighting, extra large 2 car garage and 3 season perennial landscaping.  Advantages of living here: Easy and quick route out of town for commuters, Near Preston Beach and wooded walking path, Near state-of-the-art Glover School, Near convenient Vinnin Square shopping. All the work has been done, JUST MOVE IN AND ENJOY!
Unit Size
2,431 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$257
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1987

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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 #71639084)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 22, 2021 Listed by RE/MAX Advantage Real Estate $834,900
Listed by RE/MAX Advantage Real Estate
Jun 4, 2014 Sold
Premium
Sold
Mar 2, 2014 Listed by RE/MAX Advantage Real Estate $624,900
Listed by RE/MAX Advantage Real Estate
Dec 31, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,329
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,342
  • Total Building Area: 2,043
  • Gross Building Area: 3,117
  • Building Area: 2,043
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,043
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • 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:0004 B:0024 L:0
  • Block: 24
  • Municipality: MARBLEHEAD
  • Latitude: 42.4823
  • Longitude: -70.8863

    Address

  • Full Address: 29 Pilgrim Rd
  • Address - House Number: 29
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1710
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,011,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,027,937
  • High Value: 1,203,393
  • Low Value: 852,481

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,128,400
  • Assessed Land Value: $730,200
  • Assessed Improvements Value: $398,200

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210830007280
  • Previous Sale Recording Date: Jun 04, 2014
  • Previous Sale Amount: $603,983
  • Previous Sale Document Type: O
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

$553

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71639084

Frequently Asked Questions

When was property at 29 Pilgrim Road built and last sold?
The property at 29 Pilgrim Road was built in 1987 and last sold on Aug 4, 2021 for $915,000.
How much is this home worth?
The estimated value of the home located at 29 Pilgrim Road is $850,468.
What are some comparable homes to 29 Pilgrim Road?
There are currently no comparable homes to 29 Pilgrim Road.
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