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Marblehead 01945
31 Rowland Street
$481,500
● House - Off Market

31 Rowland Street

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,465 Ft²
$746,524
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

This charming 4 Bedroom, 1.5 Bath Colonial is perfectly situated in downtown Marblehead, walking distance to all conveniences including stores, restaurants, public transportation, schools, market, deli, movie theatre and more.  This home was originally built in 1935 and features beautiful hardwood floors throughout, generous ceiling height, "newer" replacement windows, a 10 year old roof, first floor washer/dryer, a delightful covered front porch, a spacious and level backyard lawn with beautiful stone retaining wall, a garden/storage shed and 2+ car, tandem parking.  With so much to work with....who wouldn't want to make this gem into their dream home.
Unit Size
1,465 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$352
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1935

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72424518)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Nov 15, 2018 Listed by J. Barrett & Company $515,000
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 837
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,650
  • Total Building Area: 1,465
  • Gross Building Area: 2,691
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 203200

Zoning

  • Zoning: CR

Geography

  • District: 168
  • Parcel: MARB M:0109 B:0053 L:0
  • Block: 53
  • Municipality: MARBLEHEAD
  • Latitude: 42.4992
  • Longitude: -70.8588

    Address

  • Full Address: 31 Rowland St
  • Address - House Number: 31
  • Address - Street Name: Rowland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 3173
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $681,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 740,465
  • High Value: 867,396
  • Low Value: 613,534

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $761,000
  • Assessed Land Value: $574,600
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190329002710
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

$538

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2977 ft²

Average Home Age

88.5 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 72424518

Frequently Asked Questions

When was property at 31 Rowland Street built and last sold?
The property at 31 Rowland Street was built in 1935 and last sold on Mar 15, 2019 for $481,500.
How much is this home worth?
The estimated value of the home located at 31 Rowland Street is $540,975.
What are some comparable homes to 31 Rowland Street?
There are currently no comparable homes to 31 Rowland Street.
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