1
Map
$330,000
●
Condo -
Off Market
3 Circle Street #2
Marblehead, MA 01945
2 Beds
1 Bath
800 Ft²
$648,928
RealtyHop Estimate
85.94%
Since Sep 1, 2004
MA-Boston
Primary Model
About This Property
Fabulous location in the heart of old town, direct ocean views of
harbor from this 2 bedroom unit recently renovated with off street
deeded parking. New windows, heating system, electric and
roof. Move right in and walk to all old town sites and
restaurants. Seller to fund condo assoc w/ $2,000 for each unit
that closes.
Unit Size
800 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$436
Property Type
Condo
Property Taxes
$132
HOA Dues
$100
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: 4 months ago (MLSPIN #70025894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by Law Office of Paul M. Lynch | $425,000 | |
| Listed by Law Office of Paul M. Lynch | |||
| | |||
|
This is your view from sunrise to sunset! The beauty of the sea, the wonder of Old Town Marblehead - just a fabulous lifestyle! Enjoy the history, uniqueness and charm of this seaside town with an affordable retreat overlooking LOVIS' COVE (next to The Barnacle). Great to have two car parking, but even better to be within steps of the beach, restaurants, shops and museums - and public transport if needed! Recently updated, the fresh paint and reinvention will make you feel at home in a cottage by the sea! Love where you live and move right in!
| |||
| May 20, 2005 | Sold | ||
| Sold | |||
| Jan 31, 2005 | Listed | $359,900 | |
| Listed | |||
 | |||
|
Spectacular 2 bedroom condo with waterviews. Newly renovated, freshly painted, close to restaurants, shops and transportation. A must see!
| |||
| Aug 16, 2004 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal
Flooring Type: Wood, Tile
Laundry Features: In Basement
Rooms: 4
Basement: Y
Exterior Details
Square Footage: 800
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Waterfront, Beach Front, Ocean, 0 to 1/10 Mile To Beach
Building Area Total: 800
Building Area Units: Square Feet
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3136
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $999
Tax Annual Amount: $1,586
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $100
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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