Marblehead
36 Wharf Path #36
24
Map
$815,000
●
Condo -
Off Market
36 Wharf Path #36
Marblehead, MA 01945
2 Beds
1 Bath,
1
Half Bath
1,200 Ft²
$5,638
Est. Monthly
$890
HOA / Fees
1.81%
Cap Rate
About This Property
Enjoy waterfront living at its best in this charming 2-bedroom,
1.5-bath townhouse-style condo directly on Marblehead Harbor! This
sun-lit unit features a private entrance, hardwood floors, cozy
fireplace, and a private deck with breathtaking harbor views. Wake
up to the sights and sounds of the sea and enjoy direct access to a
private association beach just steps from your door. The
well-maintained, on-site-managed complex offers incredible
amenities, including an association dock with dinghy tie-up, kayak
storage, and deeded parking at the unit plus garage space and
additional parking (based on availability). Also included is a
private storage room. Whether you're relaxing by the fire,
launching your kayak, or strolling to town, this condo has it all.
Just a short walk to shops, restaurants, and Marblehead's Historic
District, this unit offers the perfect blend of coastal charm and
urban-suburban convenience. A wonderful coastal lifestyle awaits!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$708
Property Type
Condo
Property Taxes
$579
HOA Dues
$890
Year Built
1971
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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 #73359952)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed | $849,000 | |
| Listed | |||
| May 17, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by RE/MAX On The River, Inc. | $695,000 | |
| Listed by RE/MAX On The River, Inc. | |||
| | |||
|
Enjoy fabulous harbor and ocean views from this spacious townhouse condo with private entry! Wonderfully open living/dining area extends to a deck overlooking the garden, beach, and harbor. Tastefully updated kitchen and baths, hardwood floors, and exceptional closet space. All this plus fireplace, attic, storage, parking, use of a sandy beach, dock, and the Ward Room will make you feel like you're on vacation all year round!
| |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Storage, Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Wood, Tile
Door Features: Insulated Doors
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Square Footage: 1200
Year Built Source: Public Records
Year Built: 1971
Waterfront Features: Waterfront, Beach Front, Harbor, Dock/Mooring, Walk to, Access, Public, Private, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Private, Association, Deeded Rights)
Building Name: Glover Landing
Building Area Total: 1200
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Roof, Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $767,500
Tax Annual Amount: $6,946
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat
HOA/Condo/Coop Amenities: Hot Water, Beach Rights, Boat Dock
HOA Fee: $890
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 |
|---|---|---|---|---|---|---|---|
|
04/15/2025
|
2 Bed
|
1 Bath
|
1200 ft²
|
$849,000
2 Bed
1 Bath
1200 ft²
|
$815,000
-4.00%
05/14/2025
|
Jack Attridge
William Raveis R.E. & Home Services
| |
|
03/01/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$695,000
2 Bed
2 Bath
1200 ft²
|
$675,000
-2.88%
05/17/2019
|
Christie Getz
RE/MAX On The River, Inc.
| |
|
03/16/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,000
2 Bed
2 Bath
1200 ft²
|
$487,000
-2.40%
07/12/2012
|
Paula Gesmundo
Noble Realty Partners LLC
| |
|
11/22/1998
|
2 Bed
|
2 Bath
|
1200 ft²
|
$329,900
2 Bed
2 Bath
1200 ft²
|
$315,000
-4.52%
03/01/1999
|
Gloria Gutwirth
Coldwell Banker Residential Brokerage - Marblehead
|
Building Info
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