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Marblehead 01945
36 Prospect Street
Photo of 36 Prospect Street
Sold on Oct 8, 2008

1

Map

$645,000
● House - Off Market

36 Prospect Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,569 Ft²
$1,340,240
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

Charming 3 Bedroom, 2.5 Bath Colonial in heart of downtown Marblehead.  Fully renovated kitchen that opens to cozy, fireplaced family room and dining area.  New roof and luxurious new Master Bath.  Elegant living room and first floor office.  Finished room in basement, perfect for den or playroom use.  Large, fully-fenced yard and deck with hot tub.  Drop your bags and move right in!  Living area square footage does NOT include finished lower level room (walk-out basement).
Unit Size
1,569 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$414
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1920

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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 #70811425)

Price History

Date / Event Date Event Price
Oct 8, 2008 Sold
Premium
Sold
Aug 26, 2008 Listed $649,000
Listed
Mar 15, 2007 Sold
Premium
Sold
Oct 11, 2006 Listed $619,000
Listed
May 10, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 852
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,250
  • Total Building Area: 1,581
  • Gross Building Area: 2,889
  • Building Area: 1,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,581
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • 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: 203200

Zoning

  • Zoning: CR

Geography

  • District: 168
  • Parcel: MARB M:0110 B:0030 L:0
  • Block: 30
  • Municipality: MARBLEHEAD
  • Latitude: 42.4989
  • Longitude: -70.8575

    Address

  • Full Address: 36 Prospect St
  • Address - House Number: 36
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 3155
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $979,300

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,074,547
  • High Value: 1,239,106
  • Low Value: 909,989

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,093,000
  • Assessed Land Value: $602,100
  • Assessed Improvements Value: $490,900

    Sales

  • Current Sale Recording Date: Oct 08, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 15, 2007
  • Previous Sale Amount: $613,000
  • 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:

$995,000

Sale Price/ft²

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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# 70811425

Frequently Asked Questions

When was property at 36 Prospect Street built and last sold?
The property at 36 Prospect Street was built in 1920 and last sold on Jan 1, 1970 for $645,000.
How much is this home worth?
The estimated value of the home located at 36 Prospect Street is $663,225.
What are some comparable homes to 36 Prospect Street?
There are currently no comparable homes to 36 Prospect Street.
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