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Marblehead 01945
4 Puritan Rd
$399,000
● House - Off Market

4 Puritan Rd

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$728,818
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Lovely two bedroom home with large renovated eat-in kitchen. Granite counters, stainless steel appliances and hardwood floors throughout the first floor. Kitchen opens to a large back yard all perfect for entertaining. Also located on the first floor is a large living room, one full bath and a home office.  The second floor boasts 2 large bedrooms, a second home office and very large master bathroom with double vanity. Access to the extra large attic is located on the second floor. There is a large laundry and utility room in the basement with easy access to outside.  There is also a large storage shed that is included with the property and parking for 4 cars.  Private beach and dock for the Ocean Park Civic League, $75.00 per year.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$249
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1950

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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 #71719272)

Price History

Date / Event Date Event Price
Oct 3, 2014 Sold
Premium
Sold
Jul 25, 2014 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
May 30, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,480
  • Total Building Area: 1,912
  • Gross Building Area: 3,164
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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:0013 L:0
  • Block: 13
  • Municipality: MARBLEHEAD
  • Latitude: 42.5089
  • Longitude: -70.8639

    Address

  • Full Address: 4 Puritan Rd
  • Address - House Number: 4
  • Address - Street Name: Puritan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1421
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,400

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 752,721
  • High Value: 870,227
  • Low Value: 635,216

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $692,400
  • Assessed Land Value: $427,800
  • Assessed Improvements Value: $264,600

    Sales

  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 300152
  • Previous Sale Recording Date: May 30, 2006
  • Previous Sale Amount: $75,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71719272

Frequently Asked Questions

When was property at 4 Puritan Road built and last sold?
The property at 4 Puritan Road was built in 1950 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 4 Puritan Road is $428,101.
What are some comparable homes to 4 Puritan Road?
There are currently no comparable homes to 4 Puritan Road.
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