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Marblehead 01945
35 Shetland Road
$715,000
● House - Off Market

35 Shetland Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,328 Ft²
$1,157,188
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Rare opportunity to own a beautiful, sun-drenched Colonial on a tree-lined street in the desirable Clifton area. This home boasts a perfect blend of bedroom space and living area. Beautiful front to back living room with built-ins and fireplace leads into the sunny family room addition. Lovely open concept kitchen with breakfast bar looks into the dining area. Upstairs are four ample bedrooms including a master suite addition complete with cathedral ceiling, skylights, and master bath with large walk-in shower.  New roof and water heater. Close to Preston Beach, playground, schools and shopping and easy access to Boston and Logan Airport. Come see all this home has to offer. Come home to Marblehead.
Unit Size
2,328 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$311
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #72119503)

Price History

Date / Event Date Event Price
Sep 14, 2021 Sold
Premium
Sold
Jul 27, 2021 Listed by Keller Williams Realty Evolution $995,000
Listed by Keller Williams Realty Evolution
Apr 20, 2017 Sold
Premium
Sold
Feb 15, 2017 Listed by Keller Williams Realty Evolution $725,000
Listed by Keller Williams Realty Evolution
Jun 15, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,136
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,919
  • Total Building Area: 2,328
  • Gross Building Area: 4,057
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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:0031 B:0018 L:0
  • Block: 18
  • Municipality: MARBLEHEAD
  • Latitude: 42.4865
  • Longitude: -70.879

    Address

  • Full Address: 35 Shetland Rd
  • Address - House Number: 35
  • Address - Street Name: Shetland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C020
  • 4-Digit Zip Code: 1823
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,232,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,420,019
  • High Value: 1,641,494
  • Low Value: 1,198,544

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,375,500
  • Assessed Land Value: $592,100
  • Assessed Improvements Value: $783,400

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 629191
  • Previous Sale Recording Date: Apr 20, 2017
  • Previous Sale Contract Date: Apr 19, 2017
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: O
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:

$950,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2930 ft²

Average Home Age

93.8 years

Currently For Sale

39 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72119503

Frequently Asked Questions

When was property at 35 Shetland Road built and last sold?
The property at 35 Shetland Road was built in 1945 and last sold on Sep 8, 2021 for $1,259,000.
How much is this home worth?
The estimated value of the home located at 35 Shetland Road is $1,019,829.
What are some comparable homes to 35 Shetland Road?
There are currently no comparable homes to 35 Shetland Road.
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