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Marblehead 01945
30 Waterside Road
$298,000
● House - Off Market

30 Waterside Road

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,002 Ft²
$591,113
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Renovated ranch style home offering 2-3 bedrooms. (Seller took wall down in third bedroom could easily be put back).  Features of this home include hardwood floors throughout, new eat-in kitchen with tile floor, new full bath, fireplaced living room, dining area, new windows, new insulation throughout, one car garage, two driveways and fenced in yard.  This home has a finished basement ready to be updated.
Unit Size
1,002 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$298
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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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 #71439902)

Price History

Date / Event Date Event Price
Apr 11, 2013 Sold
Premium
Sold
Sep 25, 2012 Listed by William Raveis R.E. & Home Services $299,000
Listed by William Raveis R.E. & Home Services
Mar 26, 2009 Sold
Premium
Sold
Feb 9, 2009 Listed by William Raveis R.E. & Home Services $264,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,002
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,660
  • Total Building Area: 1,002
  • Gross Building Area: 2,028
  • Building Area: 1,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000130
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0143 B:0018 L:0
  • Block: 18
  • Municipality: MARBLEHEAD
  • Latitude: 42.5104
  • Longitude: -70.8619

    Address

  • Full Address: 30 Waterside Rd
  • Address - House Number: 30
  • Address - Street Name: Waterside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C029
  • 4-Digit Zip Code: 1444
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,300

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 650,334
  • High Value: 755,838
  • Low Value: 544,831

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,600
  • Assessed Land Value: $457,500
  • Assessed Improvements Value: $103,100

    Sales

  • Current Sale Recording Date: Apr 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 287
  • Previous Sale Recording Date: Mar 26, 2009
  • Previous Sale Amount: $224,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71439902

Frequently Asked Questions

When was property at 30 Waterside Road built and last sold?
The property at 30 Waterside Road was built in 1953 and last sold on Jan 1, 1970 for $298,000.
How much is this home worth?
The estimated value of the home located at 30 Waterside Road is $314,489.
What are some comparable homes to 30 Waterside Road?
There are currently no comparable homes to 30 Waterside Road.
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