Marblehead
35 Wharf Path #C
$570,000
●
Condo -
Off Market
35 Wharf Path #C
Marblehead, MA 01945
2 Beds
1 Bath,
1
Half Bath
1,200 Ft²
$842,726
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model
About This Property
Sought after single level unit at Glover Landing is now available.
This 2 bedroom condo features an open floor plan with hardwood
floors, a fireplace in the living room and a slider leading to a
deck with views of Marblehead Harbor and the Light House. The large
master bedroom features double closets and a view of Abbot Hall.
The second bedroom is currently used as an office and has a
built-in desk and shelving. This unit also features bonus storage
in the attic accessed by pull-down stairs, in-unit laundry and one
car parking. The beautifully manicured grounds and gardens are
professionally maintained and the complex also includes a private
beach and dock plus Wardroom for events and meetings. Enjoy
carefree living while watching the bustling summer harbor activity.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$491
Property Type
Condo
Property Taxes
$429
HOA Dues
$725
Year Built
-
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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 #72476305)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Apr 3, 2019 | Listed by William Raveis R.E. & Home Services | $589,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Sought after single level unit at Glover Landing is now available. This 2 bedroom condo features an open floor plan with hardwood floors, a fireplace in the living room and a slider leading to a deck with views of Marblehead Harbor and the Light House. The large master bedroom features double closets and a view of Abbot Hall. The second bedroom is currently used as an office and has a built-in desk and shelving. This unit also features bonus storage in the attic accessed by pull-down stairs, in-unit laundry and one car parking. The beautifully manicured grounds and gardens are professionally maintained and the complex also includes a private beach and dock plus Wardroom for events and meetings. Enjoy carefree living while watching the bustling summer harbor activity.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile
Laundry Features: In Unit, Electric Dryer Hookup
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1200
Year Built Source: Public Records
Year Built: 1971
Waterfront Features: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
Building Name: Glover Landing
Building Area Total: 1200
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $478,800
Tax Annual Amount: $5,142
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Beach Rights, Boat Dock, Storage, Clubhouse, Garden Area
HOA Fee: $725
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2023
|
2 Bed
|
1 Bath
|
1200 ft²
|
$929,000
2 Bed
1 Bath
1200 ft²
|
$860,000
-7.43%
10/20/2023
|
Eric Suhr
William Raveis R.E. & Home Services
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$589,000
2 Bed
2 Bath
1200 ft²
|
$570,000
-3.23%
09/20/2019
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
|
10/12/2015
|
2 Bed
|
1 Bath
|
1200 ft²
|
$520,000
2 Bed
1 Bath
1200 ft²
|
$509,000
-2.12%
11/19/2015
|
Patricia Kane
William Raveis R.E. & Home Services
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017