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Marblehead 01945
4 Joel Rd
$699,000
● House - Off Market

4 Joel Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,559 Ft²
$1,330,991
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

Fabulous Clifton Heights location. This welcoming four bedroom Cape Cod style/multi-level home is in one of Marblehead's most sought after areas. It features a recently built master bedroom suite; open floor plan on the first floor. A lower level family room has direct access to the back yard/patio via sliding doors. EIK has granite counter-tops and a gleaming hardwood floor. Heated garage has additional storage. Full basement with bonus room. Steps to a private association beach. Close to schools, parks, beach and shopping.
Unit Size
2,559 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$285
Property Type
House
Property Taxes
$504
HOA Dues
$50
Year Built
1960

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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: 5 months ago (MLSPIN #71618983)

Price History

Date / Event Date Event Price
Apr 18, 2014 Sold
Premium
Sold
Jan 1, 2014 Listed by Sagan Agency REALTORS® $729,000
Listed by Sagan Agency REALTORS®
Feb 6, 2004 Sold
Premium
Sold
Jul 15, 2003 Listed by Sagan Agency REALTORS® $559,900
Listed by Sagan Agency REALTORS®

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 1,541
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,140
  • Total Building Area: 2,559
  • Gross Building Area: 3,565
  • Building Area: 2,559
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,559
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0045 B:0022 L:0
  • Block: 22
  • Municipality: MARBLEHEAD
  • Latitude: 42.4849
  • Longitude: -70.8707

    Address

  • Full Address: 4 Joel Rd
  • Address - House Number: 4
  • Address - Street Name: Joel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C017
  • 4-Digit Zip Code: 2712
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,069,100

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,125,725
  • High Value: 1,318,570
  • Low Value: 932,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,193,200
  • Assessed Land Value: $832,900
  • Assessed Improvements Value: $360,300

    Sales

  • Current Sale Recording Date: Apr 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41800345
  • Previous Sale Recording Date: Feb 06, 2004
  • Previous Sale Amount: $547,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$960,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 71618983

Frequently Asked Questions

When was property at 4 Joel Road built and last sold?
The property at 4 Joel Road was built in 1960 and last sold on Jan 1, 1970 for $699,000.
How much is this home worth?
The estimated value of the home located at 4 Joel Road is $785,343.
What are some comparable homes to 4 Joel Road?
There are currently no comparable homes to 4 Joel Road.
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