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Marblehead 01945
41 Rowland Street
Photo of 41 Rowland Street
Sold on Jan 15, 2026

1

Map

$515,000
● House - Off Market

41 Rowland Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,162 Ft²
$3,020
Est. Monthly
6.69%
Cap Rate

About This Property

Built in 1840, this 3-bedroom 1.5 bath Colonial home is well located near downtown Marblehead. The property will require extensive renovation inside and out. Central Residence Zone (CR). Oil FHW heat, electric hot water. 4748 sq. ft. lot and 1162 sq. ft. of living space. Assessed value $649,500. Property Taxes are $5884.47 annually.
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$443
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1840

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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: 9 months ago (MLSPIN #73438215)

Price History

Date / Event Date Event Price
Jan 15, 2026 Sold
Premium
Sold
Oct 7, 2025 In contract -
In contract
Oct 1, 2025 Listed by William Raveis R.E. & Home Services $515,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1840
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,750
  • Total Building Area: 1,162
  • Gross Building Area: 2,212
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000109
  • 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: CR

Geography

  • District: 168
  • Parcel: MARB M:0109 B:0066 L:0
  • Block: 66
  • Municipality: MARBLEHEAD
  • Latitude: 42.4987
  • Longitude: -70.8596

    Address

  • Full Address: 41 Rowland St
  • Address - House Number: 41
  • Address - Street Name: Rowland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C043
  • 4-Digit Zip Code: 3156
  • Zip Code: 01945

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 656,409
  • High Value: 796,395
  • Low Value: 516,423

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $692,400
  • Assessed Land Value: $559,200
  • Assessed Improvements Value: $133,200

    Sales

  • Current Sale Recording Date: Aug 24, 2012
  • Current 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:

$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

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Last Updated: 9 months ago
Data Source: MLS PIN, MLS# 73438215

Frequently Asked Questions

When was property at 41 Rowland Street built and last sold?
The property at 41 Rowland Street was built in 1840 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 41 Rowland Street is $0.
What are some comparable homes to 41 Rowland Street?
There are currently no comparable homes to 41 Rowland Street.
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