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Marblehead 01945
42 Crestwood Road
$897,000
● House - Off Market

42 Crestwood Road

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,081 Ft²
$1,470,980
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

This classic center entrance colonial is sited on over a half acre of land. An oversized deck provides great outdoor space and peeks of the ocean! The home features four bedrooms, three and a half bathrooms and three fireplaces! The fireplaced family room is located right off the kitchen with access to deck. All that plus an attached two car garage!!
Unit Size
3,081 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$321
Property Type
House
Property Taxes
$795
HOA Dues
-
Year Built
1971

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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 #72359477)

Price History

Date / Event Date Event Price
Nov 9, 2018 Sold
Premium
Sold
Jul 10, 2018 Listed by Coldwell Banker Residential Brokerage - Marblehead $989,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Nov 25, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 1,110
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,900
  • Total Building Area: 3,726
  • Gross Building Area: 5,678
  • Building Area: 3,726
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,726
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000526
  • 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:0077 B:005C L:0
  • Block: 5C
  • Municipality: MARBLEHEAD
  • Latitude: 42.5004
  • Longitude: -70.8765

    Address

  • Full Address: 42 Crestwood Rd
  • Address - House Number: 42
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1230
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,376,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,252,401
  • High Value: 1,514,971
  • Low Value: 989,832

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,535,700
  • Assessed Land Value: $888,300
  • Assessed Improvements Value: $647,400

    Sales

  • Current Sale Recording Date: Nov 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181109001310
  • Previous Sale Recording Date: Nov 25, 1986
  • Previous Sale Amount: $533,000
  • 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:

$995,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72359477

Frequently Asked Questions

When was property at 42 Crestwood Road built and last sold?
The property at 42 Crestwood Road was built in 1971 and last sold on Jan 1, 1970 for $897,000.
How much is this home worth?
The estimated value of the home located at 42 Crestwood Road is $1,032,873.
What are some comparable homes to 42 Crestwood Road?
There are currently no comparable homes to 42 Crestwood Road.
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