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Marblehead 01945
339 Atlantic Ave
$1,077,500
● House - Off Market

339 Atlantic Ave

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,010 Ft²
$1,206,792
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Live by the ocean in the coveted Clifton neighborhood of Marblehead. For lease or Sale. This spacious single family features three bedrooms & three bathrooms including a master bedroom en-suite. Over 4,000 sqft of living space on a 10,000 sqft lot. Each room is drenched in natural sunlight. Large and bright living room open to the dining room with dramatic ceiling. Modern kitchen featuring stainless steel appliances and gas stove. Beautiful picturesque den opens to a porch overlooking the scenic backyard. Hardwood floors and skylights throughout. Entertainment room opens to the covered deck and private backyard oasis. Large unfinished basement.  Two car garage and additional parking in the driveway. Walking distance to Greystone Beach, Preston Beach, Deveraux Beach, town library and downtown Marblehead.
Unit Size
4,010 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$288
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1950

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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 #73003546)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 24, 2022 Listed by Red Tree Real Estate $1,155,000
Listed by Red Tree Real Estate
May 19, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,968
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 3,016
  • Gross Building Area: 4,664
  • Building Area: 3,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0029 B:0021 L:0
  • Block: 21
  • Municipality: MARBLEHEAD
  • Latitude: 42.4846
  • Longitude: -70.8725

    Address

  • Full Address: 339 Atlantic Ave
  • Address - House Number: 339
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C017
  • 4-Digit Zip Code: 2762
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $871,000

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,099,574
  • High Value: 1,292,302
  • Low Value: 906,845

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $972,100
  • Assessed Land Value: $530,000
  • Assessed Improvements Value: $442,100

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220815001920
  • Previous Sale Recording Date: May 23, 2011
  • Previous Sale Amount: $375,000
  • 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:

$955,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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: 4 months ago
Data Source: MLS PIN, MLS# 73003546

Frequently Asked Questions

When was property at 339 Atlantic Avenue built and last sold?
The property at 339 Atlantic Avenue was built in 1950 and last sold on Aug 15, 2022 for $1,077,500.
How much is this home worth?
The estimated value of the home located at 339 Atlantic Avenue is $1,216,297.
What are some comparable homes to 339 Atlantic Avenue?
There are currently no comparable homes to 339 Atlantic Avenue.
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