$305,000
●
Condo -
Off Market
3 Circle St #1
Marblehead, MA 01945
2 Beds
1 Bath,
1
Half Bath
839 Ft²
$579,965
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model
About This Property
Ocean View! Enjoy the sunrise over Marblehead Harbor from the
comfort of your own beautifully updated antique condo. Located in
the heart of this historic district and only a stones throw to Fort
Beach, this condo is brimming with antique details like exposed
beams, hardwood floors, and large 6 over 6 windows (a few of which
look out over the ocean). It also has wonderful modern
conveniences like an updated kitchen, 1 and a half updated
bathrooms, and fantastic mud room/office. A million dollar
view for a fraction of the price!
Unit Size
839 Ft²
Days on Market
-
Land Size
-
Price per sqft
$381
Property Type
Condo
Property Taxes
$192
HOA Dues
$210
Year Built
1900
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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: 6 months ago (MLSPIN #71680234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2014 | Sold | ||
| Sold | |||
| May 13, 2014 | Listed by Coldwell Banker Realty - Marblehead | $319,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
|
Ocean View! Enjoy the sunrise over Marblehead Harbor from the comfort of your own beautifully updated antique condo. Located in the heart of this historic district and only a stones throw to Fort Beach, this condo is brimming with antique details like exposed beams, hardwood floors, and large 6 over 6 windows (a few of which look out over the ocean). It also has wonderful modern conveniences like an updated kitchen, 1 and a half updated bathrooms, and fantastic mud room/office. A million dollar view for a fraction of the price!
| |||
| Oct 31, 2011 | Sold | ||
| Sold | |||
| Jun 14, 2011 | Listed by Sagan Harborside Sotheby's International Realty | $182,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Great 2 bedroom condo with direct ocean views from the living room.. Property is eligible under sellers First Look period for Owner Occupants and NSP buyers expire June 29,2011 " Close by October 31, 2011 and receive up to 3.5% of the final sales price to be used for closing cost assistance " See Firm Remarks for Special Offers & more details, or ask me. Eligibility restrictions apply."Highest and best offers by Monday June 20th at 5PM
| |||
| Jul 16, 2010 | Listed by Cordano Realty | $199,000 | |
| Listed by Cordano Realty | |||
| | |||
|
In the heart of Old Town. Walk to Beach,shops and Restaurants. Direct Ocean Views!! Hardwood floors, Roof , Heating Systems and Electric are from 2004. Witness beautiful sunrises right from your Living room. Unit needs some work, but potential is unlimited. Open House , Monday July 19 th, from 3:00 pm to 4:30 pm
| |||
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Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Home Office
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Basement, Common Area
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 839
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Area Total: 839
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $207,300
Tax Annual Amount: $2,298
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA/Condo/Coop Amenities: Laundry
HOA Fee: $210
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2024
|
1 Bed
|
1 Bath
|
693 ft²
|
$429,000
1 Bed
1 Bath
693 ft²
|
$462,000
+7.69%
08/30/2024
|
Margaret Donnelly Maher
Escalate Real Estate
| |
|
05/10/2022
|
1 Bed
|
1 Bath
|
693 ft²
|
$399,000
1 Bed
1 Bath
693 ft²
|
$399,000
08/19/2022
|
Margaret Donnelly Maher
Escalate Real Estate
| |
|
09/03/2019
|
2 Bed
|
1 Bath
|
750 ft²
|
$425,000
2 Bed
1 Bath
750 ft²
|
$425,000
10/10/2019
|
Cynthia Kilbarger
RE/MAX 360
| |
|
08/06/2019
|
1 Bed
|
1 Bath
|
693 ft²
|
$335,000
1 Bed
1 Bath
693 ft²
|
$328,888
-1.82%
09/18/2019
|
Deborah Noble
Coldwell Banker Residential Brokerage - Marblehead
| |
|
05/13/2014
|
2 Bed
|
2 Bath
|
839 ft²
|
$319,900
2 Bed
2 Bath
839 ft²
|
$305,000
-4.66%
07/15/2014
|
Krista Finigan
Coldwell Banker Realty - Marblehead
| |
|
06/14/2011
|
2 Bed
|
2 Bath
|
839 ft²
|
$182,000
2 Bed
2 Bath
839 ft²
|
$225,000
+23.63%
10/31/2011
|
Mindy Reichman
Tache Real Estate, Inc.
| |
|
07/16/2010
|
2 Bed
|
1 Bath
|
839 ft²
|
$199,000
2 Bed
1 Bath
839 ft²
|
-
-
|
Pedro Cordano
Century 21 North East
| |
|
01/31/2005
|
2 Bed
|
1 Bath
|
800 ft²
|
$359,900
2 Bed
1 Bath
800 ft²
|
$359,900
05/20/2005
|
Siobhan Phelan
Coldwell Banker Realty - Marblehead
| |
|
04/28/2004
|
1 Bed
|
1 Bath
|
600 ft²
|
$269,000
1 Bed
1 Bath
600 ft²
|
$255,000
-5.20%
12/01/2004
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
04/28/2004
|
2 Bed
|
1 Bath
|
800 ft²
|
$349,000
2 Bed
1 Bath
800 ft²
|
$330,000
-5.44%
08/16/2004
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
04/28/2004
|
2 Bed
|
2 Bath
|
890 ft²
|
$349,000
2 Bed
2 Bath
890 ft²
|
$342,500
-1.86%
08/17/2004
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
03/02/1999
| |
5 Bed
|
-
|
3000 ft²
|
$379,000
5 Bed
-
3000 ft²
|
$360,000
-5.01%
08/10/2000
|
Raysa Bonow
Sagan Agency REALTORS®
|
Building Info
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