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Marblehead 01945
40 Glendale Rd
$1,475,000
● House - Off Market

40 Glendale Rd

Marblehead, MA 01945
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,300 Ft²
$1,457,554
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Curb appeal alert!! This stately brick, center-entrance colonial home sits on one of the prettiest, tree lined streets in a neighborhood that has a lot to offer.  Short walk to Preston and Devereux beaches, Glover school and Hobbs Playground.  Rail trail at the end of the street allows for exploring the natural sites of this town by foot or bike. This home boasts a beautifully landscaped yard that is larger than most in the neighborhood. Recently updated kitchen. Upgraded heat and electrical systems. New windows and plantation shutters allow for lots of natural light. Offers, if any, due 7/12 at noon. Seller has the right to accept an offer at any time.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$423
Property Type
House
Property Taxes
$819
HOA Dues
-
Year Built
1934

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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 #73006832)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by Sagan Harborside Sotheby's International Realty $1,395,000
Listed by Sagan Harborside Sotheby's International Realty
Jan 18, 2017 Sold
Premium
Sold
Jul 5, 2016 Listed by Sagan Harborside Sotheby's International Realty $839,000
Listed by Sagan Harborside Sotheby's International Realty
Jun 25, 1993 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,469
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,357
  • Total Building Area: 3,372
  • Gross Building Area: 6,035
  • Building Area: 3,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000284
  • 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:0031 B:0069 L:0
  • Block: 69
  • Municipality: MARBLEHEAD
  • Latitude: 42.4874
  • Longitude: -70.8772

    Address

  • Full Address: 40 Glendale Rd
  • Address - House Number: 40
  • Address - Street Name: Glendale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C018
  • 4-Digit Zip Code: 1805
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,253,300

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,310,818
  • High Value: 1,540,573
  • Low Value: 1,081,063

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,398,800
  • Assessed Land Value: $647,400
  • Assessed Improvements Value: $751,400

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 315
  • Previous Sale Recording Date: Jan 18, 2017
  • Previous Sale Amount: $820,000
  • 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# 73006832

Frequently Asked Questions

When was property at 40 Glendale Road built and last sold?
The property at 40 Glendale Road was built in 1934 and last sold on Aug 26, 2022 for $1,475,000.
How much is this home worth?
The estimated value of the home located at 40 Glendale Road is $1,393,174.
What are some comparable homes to 40 Glendale Road?
There are currently no comparable homes to 40 Glendale Road.
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