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Marblehead 01945
31 Pond Street
$430,000
● House - Off Market

31 Pond Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$969,105
RealtyHop Estimate
115.84%
Since Nov 1, 2002
MA-Boston
Primary Model

About This Property

LOVELY UPDATED ANTIQUE ON A GREAT STREET.  WALK TO REDD'S POND, OLD TOWN AND WATERFRONT.  THIS HOME IS SITUATED NICELY ON A LARGE LOT.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$334
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1880

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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: 5 months ago (MLSPIN #30641951)

Price History

Date / Event Date Event Price
Oct 31, 2002 Sold
Premium
Sold
Sep 3, 2002 Listed by Carlson GMAC Real Estate $449,000
Listed by Carlson GMAC Real Estate
Jul 23, 1996 Sold
Premium
Sold
May 15, 1996 Listed by Carlson GMAC Real Estate $178,500
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,786
  • Total Building Area: 1,382
  • Gross Building Area: 2,622
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • 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: 203302

Zoning

  • Zoning: CR

Geography

  • District: 168
  • Parcel: MARB M:0150 B:0018 L:0
  • Block: 18
  • Municipality: MARBLEHEAD
  • Latitude: 42.5083
  • Longitude: -70.8506

    Address

  • Full Address: 31 Pond St
  • Address - House Number: 31
  • Address - Street Name: Pond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C026
  • 4-Digit Zip Code: 3453
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 787,775
  • High Value: 952,935
  • Low Value: 622,616

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $828,800
  • Assessed Land Value: $606,300
  • Assessed Improvements Value: $222,500

    Sales

  • Current Sale Recording Date: Oct 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 23, 1996
  • Previous Sale Amount: $170,000
  • 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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2886 ft²

Average Home Age

92.8 years

Currently For Sale

42 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30641951

Frequently Asked Questions

When was property at 31 Pond Street built and last sold?
The property at 31 Pond Street was built in 1880 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 31 Pond Street is $461,294.
What are some comparable homes to 31 Pond Street?
There are currently no comparable homes to 31 Pond Street.
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