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Marblehead 01945
33 Shepard Street
$535,000
● House - Off Market

33 Shepard Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,146 Ft²
$1,048,009
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

33 Shepard Street is an multilevel home featuring a spacious custom kitchen with solid Cherry cabinets, stainless steel appliances, electric range, endless storage and granite counter tops. The great room off of the kitchen allows easy access to the open back porch and yard.  Hot water heater and furnace have been updated.  Expansion into the basement with four steps down into it.  With three bedrooms, two full baths and extra space in the basement, this home is ready for move in.
Unit Size
2,146 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$257
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1955

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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 #71528687)

Price History

Date / Event Date Event Price
Oct 1, 2013 Sold
Premium
Sold
May 20, 2013 Listed by RE/MAX Advantage Real Estate $552,500
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,950
  • Total Building Area: 2,146
  • Gross Building Area: 3,149
  • Building Area: 2,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • 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: 0000000183
  • 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:0137 B:0033 L:0
  • Block: 33
  • Municipality: MARBLEHEAD
  • Latitude: 42.5076
  • Longitude: -70.8618

    Address

  • Full Address: 33 Shepard St
  • Address - House Number: 33
  • Address - Street Name: Shepard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2435
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,900

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 906,908
  • High Value: 1,061,706
  • Low Value: 752,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $780,000
  • Assessed Land Value: $538,900
  • Assessed Improvements Value: $241,100

    Sales

  • Current Sale Recording Date: Oct 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 498
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

2892 ft²

Average Home Age

88.1 years

Currently For Sale

35 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# 71528687

Frequently Asked Questions

When was property at 33 Shepard Street built and last sold?
The property at 33 Shepard Street was built in 1955 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 33 Shepard Street is $592,222.
What are some comparable homes to 33 Shepard Street?
There are currently no comparable homes to 33 Shepard Street.
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