$530,000
●
Condo -
Off Market
41 Intrepid Circle #41
Marblehead, MA 01945
3 Beds
3 Baths,
1
Half Bath
1,887 Ft²
$935,137
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model
About This Property
Spacious Marblehead Highlands luxury townhouse priced well below
assessed value. Turnkey, light-filled end unit. Walking distance to
Old Town, Redd's Pond, and Gashouse Beach. First floor open floor
plan. Outstanding finish detail. Three BRS (each with private
bath), gas fireplace in living room, and 2-car parking right in
front of the house. Granite, stainless kitchen and central AC. A
huge master suite on the third floor that could also be used as an
office or family room. Three full baths and one half bath. Brand
new Electrolux central vacuuming system. The full basement provides
plenty of storage and is ready to be finished. Free use of
association exercise room.
Unit Size
1,887 Ft²
Days on Market
-
Land Size
-
Price per sqft
$286
Property Type
Condo
Property Taxes
$603
HOA Dues
$392
Year Built
2004
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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 #71788154)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2018 | Sold | ||
| Sold | |||
| Jul 25, 2018 | Listed by Sagan Harborside Sotheby's International Realty | $565,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Spacious three bedroom, three full and one half bath end unit townhouse with private entrance and large master suite. Each bedroom has a private full bath. Centrally located near Old Town, Redd's Pond and Gas House Beach. Open concept first floor with granite/stainless kitchen, dining area, hardwood floors and gas fireplace in living room. Central Air, central vac, 2-car parking directly in front of townhouse and private balcony. Enjoy the nearby association gym facility. Large unfinished basement available for storage and potential additional finished living space.
| |||
| Jul 15, 2015 | Sold | ||
| Sold | |||
| Jan 29, 2015 | Listed by Sagan Harborside Sotheby's International Realty | $539,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Spacious Marblehead Highlands luxury townhouse priced well below assessed value. Turnkey, light-filled end unit. Walking distance to Old Town, Redd's Pond, and Gashouse Beach. First floor open floor plan. Outstanding finish detail. Three BRS (each with private bath), gas fireplace in living room, and 2-car parking right in front of the house. Granite, stainless kitchen and central AC. A huge master suite on the third floor that could also be used as an office or family room. Three full baths and one half bath. Brand new Electrolux central vacuuming system. The full basement provides plenty of storage and is ready to be finished. Free use of association exercise room.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Appliances: Range
Flooring Type: Wood, Tile, Carpet, Hardwood
Door Features: Insulated Doors
Laundry Features: In Unit, Second Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1887
Security Features: Security System
Year Built Source: Appraiser
Year Built: 2004
Waterfront Features: Ocean, Sound, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: Marblehead Highlands
Building Area Total: 1887
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone
Patio and Porch Features: Porch, Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $652,000
Tax Annual Amount: $7,230
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Fitness Center
HOA Fee: $392
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/25/2018
|
3 Bed
|
4 Bath
|
1887 ft²
|
$565,000
3 Bed
4 Bath
1887 ft²
|
$562,500
-0.44%
09/27/2018
|
Team Harborside
Sagan Harborside Sotheby's International Realty
| |
|
01/29/2015
|
3 Bed
|
4 Bath
|
1887 ft²
|
$539,000
3 Bed
4 Bath
1887 ft²
|
$530,000
-1.67%
07/15/2015
|
Chris Foley
Sagan Harborside Sotheby's International Realty
|
Building Info
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