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Marblehead 01945
34 Pearl Street
Photo of 34 Pearl Street
Sold on Jul 22, 2026

42

Map

Photo of 34 Pearl Street
Photo of 34 Pearl Street
$1,135,000
● House - Off Market

34 Pearl Street

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,836 Ft²
$5,586
Est. Monthly

About This Property

Built in 1846 and lovingly held by the same family for 54 years, this rare Old Town Marblehead gem embodies coastal village living. Ideally sited at Elm and Pearl-close to Washington Street shops, Crosby's, Crocker Park, Fort Sewall, Redd's Pond, cove beaches, Old Town restaurants, and new park-yet offering true privacy with a beautiful yard, mature perennials, potting shed, patio, and 2-car parking. Meticulously maintained, featuring original pine floors, three fireplaces, high ceilings, and timeless historic detail. Surprisingly spacious with 4 bedrooms, 3 full baths, and 1,836 SF. A 1970s addition provides a cozy family room with wood-burning stove and an air-conditioned primary suite above. Recent updates include a new roof, heating system, and restored balcony. A special home ready for its next chapter.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$539
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1850

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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: 3 months ago (MLSPIN #73532503)

Price History

Date / Event Date Event Price
Jul 22, 2026 Sold
Premium
Sold
Jun 17, 2026 In contract -
In contract
Jun 9, 2026 Listed by Coldwell Banker Realty - Marblehead $989,000
Listed by Coldwell Banker Realty - Marblehead

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • 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: 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: 1,019
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,125
  • Total Building Area: 1,836
  • Gross Building Area: 3,217
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000095
  • 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:0085 L:0
  • Block: 85
  • Municipality: MARBLEHEAD
  • Latitude: 42.507
  • Longitude: -70.8501

    Address

  • Full Address: 34 Pearl St
  • Address - House Number: 34
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C026
  • 4-Digit Zip Code: 3418
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $862,000

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 859,957
  • High Value: 1,043,352
  • Low Value: 676,562

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $962,000
  • Assessed Land Value: $727,600
  • Assessed Improvements Value: $234,400

    Sales

  • Current Sale Recording Date: Sep 03, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 90300340
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

Rentals Near You

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Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73532503

Frequently Asked Questions

When was property at 34 Pearl Street built and last sold?
The property at 34 Pearl Street was built in 1850 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 34 Pearl Street is $1,000,548.
What are some comparable homes to 34 Pearl Street?
There are currently no comparable homes to 34 Pearl Street.
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