$949,000
●
Condo -
Off Market
36 Intrepid Circle #401
Marblehead, MA 01945
2 Beds
2 Baths
2,000 Ft²
$5,696
Est. Monthly
$621
HOA / Fees
2.36%
Cap Rate
About This Property
Spacious penthouse at Marblehead Highlands, a lovely condominium
complex just minutes from historic "Old Town" Marblehead. The
numerous skylights in the cathedral ceilings and 3 private decks
fill this condo with beautiful natural light. The open floor
plan offers a living room with gas fireplace and built-in bookcase
with a french door to one of the outside decks, dining room and
custom kitchen. The main bedroom suite offers a walk-in
closet, a private deck, and a large bathroom with a tub and a
glass shower surround, linen storage cabinet, and double sink
vanity. Also on the main level of this unit is the 2nd
bedroom, 2nd bathroom, laundry, 3 storage areas, and foyer with
guest closet. The loft area above, with the 3rd private deck,
is perfect for a home office, study, exercise room or whatever
meets your needs. Additional features include addition
storage on the lower level of the building, 2 parking spaces, a
nice garden area, and an exercise room at 39 Intrepid.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$475
Property Type
Condo
Property Taxes
$415
HOA Dues
$621
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: 2 years ago (MLSPIN #73279644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Price Decreased |
$3,750
↓ $945K
(99.6%) | |
| Price Decreased | |||
| Oct 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 2, 2024 | Listed by Glover Brokerage Corporation | $949,000 | |
| Listed by Glover Brokerage Corporation | |||
| | |||
|
Spacious penthouse at Marblehead Highlands, a lovely condominium complex just minutes from historic "Old Town" Marblehead. The numerous skylights in the cathedral ceilings and 3 private decks fill this condo with beautiful natural light. The open floor plan offers a living room with gas fireplace and built-in bookcase with a french door to one of the outside decks, dining room and custom kitchen. The main bedroom suite offers a walk-in closet, a private deck, and a large bathroom with a tub and a glass shower surround, linen storage cabinet, and double sink vanity. Also on the main level of this unit is the 2nd bedroom, 2nd bathroom, laundry, 3 storage areas, and foyer with guest closet. The loft area above, with the 3rd private deck, is perfect for a home office, study, exercise room or whatever meets your needs. Additional features include addition storage on the lower level of the building, 2 parking spaces, a nice garden area, and an exercise room at 39 Intrepid.
| |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Fireplace
Interior Details
Level: Main, First
Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
Level: Main, First
Features: Flooring - Wood
Features: Flooring - Wood, Open Floorplan
Level: Main, First
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Main, First
Features: Skylight, Walk-In Closet(s), Flooring - Wood, Deck - Exterior, Slider
Level: Main, First
Level: Main, First
Features: Skylight, Flooring - Wood, French Doors, Deck - Exterior, Open Floorplan
Features: Yes
Full Bathrooms: 2
Interior Features: Balcony - Interior, Slider, Loft
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: First Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Has Property Attached
Entry Level: 4
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Marblehead Highlands
Structure Type: Mid-Rise
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Skylight(s)
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: SR
Parcel Number: 4643142
Water Source: Public
Financial Details
Tax Assessed Value: $556,300
Tax Annual Amount: $4,984
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, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Elevator(s), Fitness Center, Garden Area
Association Fee Frequency: Monthly
HOA Fee: $621
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails
Complex is Completed
Management: Professional - Off Site
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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Address: 335 Madison Avenue, New York, NY 10017