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Marion Center 02738
42 Front St
$316,000
● House - Off Market

42 Front St

Marion, MA 02738
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$510,129
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Situated perfectly in the Village of Marion sits a wonderful opportunity less than 1/10th of a mile from Silvershell Beach and playground.  This well-built ranch style home features 3 bedrooms, 1 bath, large living room with hardwood floors, 2 sliders to the private fenced backyard, and 1 car garage.  Sidewalks will take you all the way downtown and a short walk to the elementary school, town tennis court, and Beverly Yacht Club. The possibilities are endless and this home is ideal for both a summer home or year-round resident. Great town to do some biking or boating!! Call today for more details.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$291
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1951

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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: 4 months ago (MLSPIN #72144913)

Price History

Date / Event Date Event Price
Aug 31, 2017 Sold
Premium
Sold
Apr 12, 2017 Listed by RE/MAX Real Estate Center $319,900
Listed by RE/MAX Real Estate Center

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,100
  • Gross Building Area: 2,440
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marion School District
  • Census Tract: 561100

Geography

  • Parcel: MARI M:0016 B:0187 L:0000
  • Block: 187
  • Municipality: MARION
  • Latitude: 41.6963
  • Longitude: -70.7596

    Address

  • Full Address: 42 Front St
  • Address - House Number: 42
  • Address - Street Name: Front
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marion
  • Carrier Code: R005
  • 4-Digit Zip Code: 1654
  • Zip Code: 02738

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,300

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 634,760
  • High Value: 756,980
  • Low Value: 512,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,100
  • Assessed Land Value: $425,800
  • Assessed Improvements Value: $152,300

    Sales

  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75342
  • Previous Sale Recording Date: May 20, 2013
  • 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 Marion Center

Stats & Trends

Median Asking:

$1,495,000

Sale Price/ft²

$581

Above Asking

0.00%

Average Days on Market

46

Average Home Size

2436 ft²

Average Home Age

105.3 years

Currently For Sale

11 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72144913

Frequently Asked Questions

When was property at 42 Front Street built and last sold?
The property at 42 Front Street was built in 1951 and last sold on Jan 1, 1970 for $316,000.
How much is this home worth?
The estimated value of the home located at 42 Front Street is $335,977.
What are some comparable homes to 42 Front Street?
There are currently no comparable homes to 42 Front Street.
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