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Marblehead 01945
4 Meadow Lane
$875,000
● House - Off Market

4 Meadow Lane

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,529 Ft²
$855,007
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

LOCATION LOCATION LOCATION,  Home is an Up Dated 1925 cape with deck, private patio and 2 car garage located on a dead end street with access to Green Street Playground and the Community Charter School.  Home has many upgrades including air conditioning, insulated windows( Warranty that is Transferable ) and updated kitchen with Granite counters and Stainless Steel appliances. First floor Master Bedroom with newer bath and 1/2 bath with laundry also on the main floor. Newer gas heating with cast iron base board.
Unit Size
1,529 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$509
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1925

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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 #72907198)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Oct 19, 2021 Listed by Coldwell Banker Realty - Marblehead $779,000
Listed by Coldwell Banker Realty - Marblehead
Oct 17, 2014 Sold
Premium
Sold
Jul 17, 2014 Listed by Coldwell Banker Realty - Marblehead $419,000
Listed by Coldwell Banker Realty - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 724
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,791
  • Total Building Area: 1,529
  • Gross Building Area: 2,753
  • Building Area: 1,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,529
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDERICK GOODWIN
  • Land Acres: 0000000110
  • 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: 203302

Zoning

  • Zoning: U

Geography

  • District: 168
  • Parcel: MARB M:0147 B:0009 L:0
  • Block: 9
  • Municipality: MARBLEHEAD
  • Latitude: 42.5068
  • Longitude: -70.8546

    Address

  • Full Address: 4 Meadow Ln
  • Address - House Number: 4
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C006
  • 4-Digit Zip Code: 3430
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $706,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 762,447
  • High Value: 882,878
  • Low Value: 642,015

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $788,400
  • Assessed Land Value: $491,400
  • Assessed Improvements Value: $297,000

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220114006780
  • Previous Sale Recording Date: Oct 17, 2014
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O
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:

$950,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2930 ft²

Average Home Age

93.8 years

Currently For Sale

39 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: 4 months ago
Data Source: MLS PIN, MLS# 72907198

Frequently Asked Questions

When was property at 4 Meadow Lane built and last sold?
The property at 4 Meadow Lane was built in 1925 and last sold on Jan 14, 2022 for $875,000.
How much is this home worth?
The estimated value of the home located at 4 Meadow Lane is $792,144.
What are some comparable homes to 4 Meadow Lane?
There are currently no comparable homes to 4 Meadow Lane.
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