For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marblehead 01945
3 Cottage St
Photo of 3 Cottage St
Sold on Jun 1, 2026

11

Map

Photo of 3 Cottage St
Photo of 3 Cottage St
$445,000
● House - Off Market

3 Cottage St

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,028 Ft²
$2,393
Est. Monthly

About This Property

Rare opportunity in the heart of downtown Marblehead! This property offers exceptional potential for investors, contractors, or buyers looking to create their ideal space. Unbeatable location just steps from shops, restaurants, the harbor, and historic charm. Property requires extensive renovation. Assessed value $626,700. Located in the BR (Business Residential) zoning district. Open House Sunday 4/12 from 11:00 AM–12:30 PM.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$389
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1915

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #73497850)

Price History

Date / Event Date Event Price
Jun 1, 2026 Sold
Premium
Sold
Apr 14, 2026 In contract -
In contract
Apr 8, 2026 Listed by RE/MAX 360 $400,000
Listed by RE/MAX 360

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,800
  • Total Building Area: 1,028
  • Gross Building Area: 2,056
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • 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: 203200

Zoning

  • Zoning: BR

Geography

  • District: 168
  • Parcel: MARB M:0110 B:0026 L:0
  • Block: 26
  • Municipality: MARBLEHEAD
  • Latitude: 42.4988
  • Longitude: -70.8571

    Address

  • Full Address: 3 Cottage St
  • Address - House Number: 3
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C041
  • 4-Digit Zip Code: 3027
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 626,419
  • High Value: 725,364
  • Low Value: 527,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,300
  • Assessed Land Value: $441,000
  • Assessed Improvements Value: $160,300
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:

$950,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2930 ft²

Average Home Age

93.8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73497850

Frequently Asked Questions

When was property at 3 Cottage Street built and last sold?
The property at 3 Cottage Street was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Cottage Street is $0.
What are some comparable homes to 3 Cottage Street?
There are currently no comparable homes to 3 Cottage Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Marblehead Homes for Sale
Marblehead Houses for Sale
Marblehead Condos for Sale
Marblehead Multifamily for Sale
Marblehead Land for Sale
Marblehead Commercial for Sale
Marblehead Homes with Basements
Marblehead Homes with Pools
Nearby Cities
Lynn Homes for Sale
Salem Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Revere Homes for Sale
Danvers Homes for Sale
Saugus Homes for Sale
Swampscott Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Bristol County, MA Property Records
Neighborhoods
West Revere Real Estate
Peabody Town Center Real Estate
Salem Neck Real Estate
Cliftondale Real Estate
North Salem Real Estate
Harbor View - Orient Heights Real Estate
Downtown Revere Real Estate
Crescent Beach Real Estate
Nearby Counties
Lynn Homes for Sale
Salem Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Revere Homes for Sale
Danvers Homes for Sale
Saugus Homes for Sale
Swampscott Homes for Sale
Top Real Estate Agents
Top Agents in Marblehead
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970
Top Agents in Peabody
Top Agents in Peabody