For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marblehead 01945
3 Redstone Lane
$722,650
● House - Off Market

3 Redstone Lane

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,355 Ft²
$1,361,182
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Rare offering - Classic New England Colonial with wonderful views of the inner harbor, causeway and on a clear day all the way to the South shore!  The house offers 5 bedrooms (4 with harbor views) and 2.5 baths, front to back living room with fireplace, charming dining room, sunroom, spacious kitchen with a slider to a small deck,  a large unfinished lower level with access to the yard. Convenient location close to shops, restaurants and parks.  This home is in need of some TLC but the potential is limitless.  Great house, great views, great yard and great location!
Unit Size
2,355 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$318
Property Type
House
Property Taxes
$636
HOA Dues
-
Year Built
1920

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 #71694491)

Price History

Date / Event Date Event Price
Aug 1, 2014 Sold
Premium
Sold
Jun 6, 2014 Listed by Coldwell Banker Residential Brokerage - Marblehead $750,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 980
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,930
  • Total Building Area: 2,146
  • Gross Building Area: 3,744
  • Building Area: 2,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,146
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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:0113 B:0019 L:0
  • Block: 19
  • Municipality: MARBLEHEAD
  • Latitude: 42.4979
  • Longitude: -70.8526

    Address

  • Full Address: 3 Redstone Ln
  • Address - House Number: 3
  • Address - Street Name: Redstone
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C009
  • 4-Digit Zip Code: 3119
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,225,600

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,210,290
  • High Value: 1,417,622
  • Low Value: 1,002,959

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,367,900
  • Assessed Land Value: $946,000
  • Assessed Improvements Value: $421,900

    Sales

  • Current Sale Recording Date: Aug 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 554423
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:

$995,000

Sale Price/ft²

$552

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71694491

Frequently Asked Questions

When was property at 3 Redstone Lane built and last sold?
The property at 3 Redstone Lane was built in 1920 and last sold on Jan 1, 1970 for $722,650.
How much is this home worth?
The estimated value of the home located at 3 Redstone Lane is $755,582.
What are some comparable homes to 3 Redstone Lane?
There are currently no comparable homes to 3 Redstone Lane.
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