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Marblehead 01945
34 Washington Street
Photo of 34 Washington Street
Sold on May 15, 2006

1

Map

$489,000
● House - Off Market

34 Washington Street

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,030 Ft²
$898,004
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

Charming updated 2 bedroom Colonial in Historic downtown neighborhood.  Move in condition and within walking distance to the beachs, Harbor, shops, and restaurants.  The interior boasts high ceilings, hardwood floors, antique-shuttered windows, plenty of storage space, and an updated kitchen with gas cooking. A nice office with ample built-in storage, computer desk, etc. There is parking on the property, and a large storage shed sitting on a lovely, private fenced in brick patio.  Easy to show.
Unit Size
1,030 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$484
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1841

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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 #70320366)

Price History

Date / Event Date Event Price
May 15, 2006 Sold
Premium
Sold
Jan 25, 2006 Listed $499,000
Listed
Nov 9, 2001 Sold
Premium
Sold
Sep 25, 2001 Listed $399,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1841
  • Effective Year Built: 1841
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • 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: 9
  • Basement Area: 396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,069
  • Total Building Area: 1,009
  • Gross Building Area: 1,266
  • Building Area: 1,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,009
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000025
  • 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: HIST

Geography

  • District: 168
  • Parcel: MARB M:0165 B:080A L:0
  • Block: 80A
  • Municipality: MARBLEHEAD
  • Latitude: 42.507
  • Longitude: -70.8476

    Address

  • Full Address: 34 Washington St
  • Address - House Number: 34
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C001
  • 4-Digit Zip Code: 3531
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,200

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 801,785
  • High Value: 956,816
  • Low Value: 646,754

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,100
  • Assessed Land Value: $347,400
  • Assessed Improvements Value: $343,700

    Sales

  • Current Sale Recording Date: May 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 09, 2001
  • Previous Sale Amount: $390,000
  • 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: 4 months ago
Data Source: MLS PIN, MLS# 70320366

Frequently Asked Questions

When was property at 34 Washington Street built and last sold?
The property at 34 Washington Street was built in 1841 and last sold on Jan 1, 1970 for $489,000.
How much is this home worth?
The estimated value of the home located at 34 Washington Street is $504,494.
What are some comparable homes to 34 Washington Street?
There are currently no comparable homes to 34 Washington Street.
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