$440,000
●
Condo -
Off Market
4 Arnold Terrace #4
Marblehead, MA 01945
2 Beds
1 Bath,
1
Half Bath
1,191 Ft²
$482,450
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model
About This Property
Spacious 2 bedroom, 1.5 bath townhome is perfect for first-time
home buyers or those wishing to downsize. A large living room
with a fire place, eat-in kitchen and newer appliances; the first
floor has beautifully maintained Brazilian hardwood throughout.
Enjoy the outdoors on your private deck in this convenient
location - close to schools, beaches, the harbors and historic Old
Town Marblehead. Once the model home for all of Arnold Terrace,
this home is complete with a two-car garage and central air.
Unit Size
1,191 Ft²
Days on Market
-
Land Size
-
Price per sqft
$378
Property Type
Condo
Property Taxes
$291
HOA Dues
$445
Year Built
1987
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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: 5 months ago (MLSPIN #73046599)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 19, 2022 | In contract | - | |
| In contract | |||
| Oct 11, 2022 | Listed by Coldwell Banker Realty - Marblehead | $449,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
|
Spacious 2 bedroom, 1.5 bath townhome is perfect for first-time home buyers or those wishing to downsize. A large living room with a fire place, eat-in kitchen and newer appliances; the first floor has beautifully maintained Brazilian hardwood throughout. Enjoy the outdoors on your private deck in this convenient location - close to schools, beaches, the harbors and historic Old Town Marblehead. Once the model home for all of Arnold Terrace, this home is complete with a two-car garage and central air.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer/Dryer
Flooring Type: Wood, Carpet
Laundry Features: In Unit
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1191
Year Built Source: Public Records
Year Built: 1987
Waterfront Features: Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach
Building Area Total: 1191
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $331,800
Tax Annual Amount: $3,491
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $445
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 |
|---|---|---|---|---|---|---|---|
|
10/11/2022
|
2 Bed
|
2 Bath
|
1191 ft²
|
$449,900
2 Bed
2 Bath
1191 ft²
|
$440,000
-2.20%
11/30/2022
|
Nichole Dimodica
Citylight Homes LLC
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017