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Marblehead 01945
42 Hereford
$505,000
● House - Off Market

42 Hereford

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,158 Ft²
$870,077
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

This spacious  sun drenched 9 room 3 bedroom split level home is located in Clifton one of Marblehead's most desirable areas.  Close to the beautiful Preston Beach, the new Glover School  and the prestigious Tedesco Country Club.  It has a large  back yard deck  that looks out on a secluded back yard.  Beautiful hard wood floors in the living room and dining room. The upper level's bedrooms have attractive new Anderson windows. Two wood burning fireplaces.  A downstairs family room perfect for the family and entertaining equipped with a wet bar. This house is awaiting your personal touches. It has southern solar exposure.   A large two car garage that has access to the house and plenty of room for storage space.
Unit Size
2,158 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$243
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1970

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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 #72032503)

Price History

Date / Event Date Event Price
Oct 21, 2016 Sold
Premium
Sold
Jul 5, 2016 Listed by Harborside Sotheby's International Realty $524,900
Listed by Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,482
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,480
  • Total Building Area: 1,644
  • Gross Building Area: 3,460
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:0014 L:0
  • Block: 14
  • Municipality: MARBLEHEAD
  • Latitude: 42.4872
  • Longitude: -70.8806

    Address

  • Full Address: 42 Hereford Rd
  • Address - House Number: 42
  • Address - Street Name: Hereford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C020
  • 4-Digit Zip Code: 1815
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $706,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 818,621
  • High Value: 958,349
  • Low Value: 678,893

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $788,000
  • Assessed Land Value: $552,800
  • Assessed Improvements Value: $235,200

    Sales

  • Current Sale Contract Date: Oct 19, 2016
  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 576479
  • Previous Sale Recording Date: Dec 01, 2009
  • Previous Sale Document Type: 48
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:

$992,000

Sale Price/ft²

$553

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: 4 months ago
Data Source: MLS PIN, MLS# 72032503

Frequently Asked Questions

When was property at 42 Hereford Road built and last sold?
The property at 42 Hereford Road was built in 1970 and last sold on Oct 19, 2016 for $505,000.
How much is this home worth?
The estimated value of the home located at 42 Hereford Road is $565,620.
What are some comparable homes to 42 Hereford Road?
There are currently no comparable homes to 42 Hereford Road.
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