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Marblehead 01945
4 Fader Place
Photo of 4 Fader Place
Sold on Feb 1, 2008

1

Map

$310,000
● House - Off Market

4 Fader Place

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$664,455
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

LARGEST LOT + LARGEST INTERIOR S.F., STAND ALONE SINGLE FAMILY HOUSE UNDER $350K IN MARBLEHEAD. PRICED TO SELL. Well built Cape in good but dated condition, and needs some work. Great private location on a dead end street abutting soccer/baseball field. Full basement, hardwood floors. Candidate for addition, or expansion. Roof is only 6 years old. Great first time buyer's or empty nesters. Coffin School, playgound, Salem Harbor all within walking distance. SOLD IN AS IS CONDITION.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$329
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1949

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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 #70639266)

Price History

Date / Event Date Event Price
Feb 1, 2008 Sold
Premium
Sold
Aug 30, 2007 Listed $329,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,136
  • Total Building Area: 972
  • Gross Building Area: 1,974
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN MARBLEHEAD
  • Land Acres: 0000000141
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0138 B:0031 L:0
  • Block: 31
  • Municipality: MARBLEHEAD
  • Latitude: 42.5086
  • Longitude: -70.8622

    Address

  • Full Address: 4 Fader Pl
  • Address - House Number: 4
  • Address - Street Name: Fader
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C029
  • 4-Digit Zip Code: 1431
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,200

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 680,769
  • High Value: 785,147
  • Low Value: 576,391

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,600
  • Assessed Land Value: $511,600
  • Assessed Improvements Value: $108,000

    Sales

  • Current Sale Recording Date: Feb 01, 2008
  • Current Sale Price:
    Premium
  • Current 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

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70639266

Frequently Asked Questions

When was property at 4 Fader Place built and last sold?
The property at 4 Fader Place was built in 1949 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 4 Fader Place is $343,218.
What are some comparable homes to 4 Fader Place?
There are currently no comparable homes to 4 Fader Place.
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