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Marblehead 01945
39 Crestwood Road
$656,750
● House - Off Market

39 Crestwood Road

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,202 Ft²
$2,624,704
RealtyHop Estimate
255.17%
Since Mar 1, 1999
MA-Boston
Primary Model

About This Property

.CLIFFS AREA - FABULOUS CONTEMPORARY COLONIAL WITH GREAT ATTENTION TO DETAIL SITUATED ON A CUL DE SAC. THIS GRACIOUS HOME HAS A GREAT KITCHEN/DINING AREA WITH FAMILY ROOM ADJACENT. THERE ARE 3 FIREPLACES AND AN ADDITIONAL FAMILY RM
Unit Size
3,202 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$231
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1967

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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 years ago (MLSPIN #30271060)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
Jan 12, 2021 Listed $1,499,000
Listed
Feb 26, 1999 Sold
Premium
Sold
Oct 26, 1998 Listed $739,000
Listed
Jun 22, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,924
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,460
  • Total Building Area: 4,280
  • Gross Building Area: 5,406
  • Building Area: 4,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000378
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0077 B:0015 L:0
  • Block: 15
  • Municipality: MARBLEHEAD
  • Latitude: 42.5009
  • Longitude: -70.877

    Address

  • Full Address: 39 Crestwood Rd
  • Address - House Number: 39
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1252
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,541,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 1,886,802
  • High Value: 2,175,226
  • Low Value: 1,598,378

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,720,600
  • Assessed Land Value: $775,600
  • Assessed Improvements Value: $945,000

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210701004840
  • Previous Sale Recording Date: Feb 26, 1999
  • Previous Sale Amount: $656,750
  • 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30271060

Frequently Asked Questions

When was property at 39 Crestwood Road built and last sold?
The property at 39 Crestwood Road was built in 1967 and last sold on Jul 1, 2021 for $1,610,000.
How much is this home worth?
The estimated value of the home located at 39 Crestwood Road is $1,494,331.
What are some comparable homes to 39 Crestwood Road?
There are currently no comparable homes to 39 Crestwood Road.
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