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Marblehead 01945
40 Bubier Rd
$505,000
● House - Off Market

40 Bubier Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,543 Ft²
$949,074
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Three bedroom, two bath home in the desirable Seaside Park area brimming with antique charm! This unique former school house built in 1839 with exposed beams and vaulted ceilings offers classic details in addition to a more modern open concept with master suite.  Lovely fenced in yard with sizable, stone patio, shed and gardens.  Fireplace in the master bedroom, plenty of closet space throughout in addition to a large storage area in the loft.  Side door exits directly to yard for entertaining. Very close proximity to town for shopping and dining in addition to swimming and sunning at Devereux Beach! This central location coupled with enchanting appeal offers easy one level living within the heart of town activity.
Unit Size
1,543 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$369
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1839

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71994256)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold
Premium
Sold
May 11, 2021 Sold
Premium
Sold
Jul 6, 2016 Sold
Premium
Sold
Apr 26, 2016 Listed by Coldwell Banker Residential Brokerage - Marblehead $569,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Feb 4, 2003 Sold
Premium
Sold
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1839
  • Effective Year Built: 1839
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,220
  • Total Building Area: 1,623
  • Gross Building Area: 2,910
  • Building Area: 1,623
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,623
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0095 B:0015 L:0
  • Block: 15
  • Municipality: MARBLEHEAD
  • Latitude: 42.4948
  • Longitude: -70.8594

    Address

  • Full Address: 40 Bubier Rd
  • Address - House Number: 40
  • Address - Street Name: Bubier
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C041
  • 4-Digit Zip Code: 3631
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $953,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 887,326
  • High Value: 1,073,356
  • Low Value: 701,295

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,064,000
  • Assessed Land Value: $834,900
  • Assessed Improvements Value: $229,100

    Sales

  • Current Sale Contract Date: Feb 03, 2024
  • Current Sale Recording Date: Feb 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 20240228000870
  • Previous Sale Recording Date: May 11, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $885,000
  • 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:

$995,000

Sale Price/ft²

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71994256

Frequently Asked Questions

When was property at 40 Bubier Road built and last sold?
The property at 40 Bubier Road was built in 1839 and last sold on Feb 3, 2024 for $885,000.
How much is this home worth?
The estimated value of the home located at 40 Bubier Road is $585,641.
What are some comparable homes to 40 Bubier Road?
There are currently no comparable homes to 40 Bubier Road.
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