$389,000
●
Condo -
Off Market
36 Intrepid Circle #301
Marblehead, MA 01945
2 Beds
2 Baths
1,295 Ft²
$2,597
Est. Monthly
$389
HOA / Fees
6.41%
Cap Rate
About This Property
Sunny corner unit w/ $15k in upgrades by the original owner. Living
rm w/ wood flrs, gas fireplace & custom bookcases; kitchen w/
cherry cabinets, granite countertops & stainless steel appliances;
master bedroom w/ walk-in closet & master bath (glass enclosed
shower & granite countertops); guest bedroom, another full bath,
private deck, storage & 2-car parking. Central AC & energy
efficient heating system.
Unit Size
1,295 Ft²
Days on Market
-
Land Size
-
Price per sqft
$300
Property Type
Condo
Property Taxes
$297
HOA Dues
$389
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: 9 months ago (MLSPIN #71129814)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2019 | Sold | ||
| Sold | |||
| Jun 18, 2019 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $529,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
| | |||
|
Move right in to this corner, one level condominium with modern amenities in Marblehead Highlands. Almost 1300 sq ft of space in this third level unit with two bedrooms including a master suite. The master's bathroom includes a double vanity, walk in shower with glass door and separate tub. Second full bathroom for guests. Kitchen has granite counters and stainless appliances, beautiful floors and tiled back splash. Add to this a deck overlooking the townhouse area of the complex, Air Conditioning, a gas fireplace with lovely built in cabinets and shelving and two car parking as well as an elevator in the building! There is a separate storage room in the basement that is exclusive to the unit with significant space. The association fee also covers the cost of maintaining an exercise room for the complex. Wonderful location not far from downtown, Redd's Pond and Grace Oliver's Beach.
| |||
| Aug 30, 2010 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $389,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Fireplace
Parking Details
Parking Features: Deeded
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Refrigerator
Laundry Features: Third Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1295
Year Built Source: Public Records
Year Built: 2004
Building Name: Marblehead Highlands
Building Area Total: 1295
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $372,500
Tax Annual Amount: $3,565
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
HOA Fee: $389
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 |
|---|---|---|---|---|---|---|---|
|
08/20/2024
|
2 Bed
|
2 Bath
|
2000 ft²
|
$949,000
2 Bed
2 Bath
2000 ft²
|
-
-
|
Anne Foster
Glover Realty
| |
|
11/14/2023
|
2 Bed
|
2 Bath
|
1407 ft²
|
$625,000
2 Bed
2 Bath
1407 ft²
|
$622,500
-0.40%
01/10/2024
|
Daniel Devan
Sagan Harborside Sotheby's International Realty
| |
|
07/11/2023
|
2 Bed
|
2 Bath
|
2276 ft²
|
$659,000
2 Bed
2 Bath
2276 ft²
|
$777,000
+17.91%
08/21/2023
|
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
| |
|
02/21/2023
|
2 Bed
|
2 Bath
|
1284 ft²
|
$565,000
2 Bed
2 Bath
1284 ft²
|
$585,411
+3.61%
05/03/2023
|
Kimberly Dowling
Vylla Home
| |
|
09/12/2022
|
2 Bed
|
2 Bath
|
1278 ft²
|
$599,900
2 Bed
2 Bath
1278 ft²
|
$564,900
-5.83%
11/17/2022
|
Anna Senechal Rodgers
Lamacchia Realty, Inc.
| |
|
03/07/2021
|
2 Bed
|
2 Bath
|
1981 ft²
|
$599,900
2 Bed
2 Bath
1981 ft²
|
$620,000
+3.35%
04/23/2021
|
Claire Dembowski
RE/MAX 360
| |
|
06/18/2019
|
2 Bed
|
2 Bath
|
1295 ft²
|
$529,000
2 Bed
2 Bath
1295 ft²
|
$515,000
-2.65%
10/17/2019
|
Kristin King
Coldwell Banker Realty - Marblehead
| |
|
08/30/2010
|
2 Bed
|
2 Bath
|
1295 ft²
|
$389,000
2 Bed
2 Bath
1295 ft²
|
-
-
|
Daniel Devan
Sagan Harborside Sotheby's International Realty
| |
|
10/19/2008
|
2 Bed
|
2 Bath
|
1300 ft²
|
$399,000
2 Bed
2 Bath
1300 ft²
|
$380,000
-4.76%
12/01/2011
|
Rita Havens
Coldwell Banker Realty - Marblehead
| |
|
02/26/2008
|
2 Bed
|
2 Bath
|
1600 ft²
|
$439,000
2 Bed
2 Bath
1600 ft²
|
$425,000
-3.19%
08/29/2008
|
David Guide
Sagan Harborside Sotheby's International Realty
|
Building Info
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