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Marblehead 01945
3 Bowden Street
$675,000
● House - Off Market

3 Bowden Street

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,555 Ft²
$1,341,915
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Period detail meets modern living in this 4 bedroom, 3 bath Victorian centrally located close to schools, parks, restaurants, shopping, downtown, the movie theater, and more.  High ceilings, hardwood floors, and a marble fireplace capture the period feel of this circa 1850's home.  Newer systems, master suite, updated baths and windows, and a 2nd floor laundry room make this antique work for today's modern living.  Two 3 season porches and a detached office/studio with electric, heating and a/c complete this spectacular home.
Unit Size
2,555 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$274
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1850

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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: 5 months ago (MLSPIN #71584149)

Price History

Date / Event Date Event Price
Jan 24, 2014 Sold
Premium
Sold
Sep 16, 2013 Listed by Harborside Realty $699,900
Listed by Harborside Realty
Apr 9, 2007 Sold
Premium
Sold
Feb 15, 2007 Listed by Harborside Realty $775,000
Listed by Harborside Realty
Jun 16, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,298
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,940
  • Total Building Area: 2,555
  • Gross Building Area: 4,269
  • Building Area: 2,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,555
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: GR

Geography

  • District: 168
  • Parcel: MARB M:0117 B:0022 L:0
  • Block: 22
  • Municipality: MARBLEHEAD
  • Latitude: 42.5022
  • Longitude: -70.8596

    Address

  • Full Address: 3 Bowden St
  • Address - House Number: 3
  • Address - Street Name: Bowden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2305
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,800

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,133,716
  • High Value: 1,371,403
  • Low Value: 896,029

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,108,000
  • Assessed Land Value: $493,600
  • Assessed Improvements Value: $614,400

    Sales

  • Current Sale Recording Date: Jan 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Apr 09, 2007
  • Previous Sale Amount: $735,000
  • 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:

$992,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2948 ft²

Average Home Age

91.2 years

Currently For Sale

35 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: 5 months ago
Data Source: MLS PIN, MLS# 71584149

Frequently Asked Questions

When was property at 3 Bowden Street built and last sold?
The property at 3 Bowden Street was built in 1850 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 3 Bowden Street is $755,346.
What are some comparable homes to 3 Bowden Street?
There are currently no comparable homes to 3 Bowden Street.
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