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Marblehead 01945
42 Pond Street
Photo of 42 Pond Street
Sold on Mar 31, 2006

1

Map

$620,000
● House - Off Market

42 Pond Street

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,390 Ft²
$1,126,527
RealtyHop Estimate
80.24%
Since Apr 1, 2006
MA-Boston
Primary Model

About This Property

Great Old Town location!  Spacious and well-maintained 4 bedroom Colonial only steps from Redd's Pond and the beach.  This beautiful home features an eat-in kitchen, formal dining room, fireplaced living room, 2 full baths and third floor office.  Large landscaped yard, farmer's porch and 2-car parking.
Unit Size
2,390 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$262
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1900

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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 #70316549)

Price History

Date / Event Date Event Price
Mar 31, 2006 Sold
Premium
Sold
Jan 17, 2006 Listed $625,000
Listed
Feb 21, 2002 Sold
Premium
Sold
Jan 17, 2002 Listed $425,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,185
  • Gross Building Area: 3,018
  • Building Area: 2,185
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,185
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 203302

Zoning

  • Zoning: CR

Geography

  • District: 168
  • Parcel: MARB M:0163 B:0011 L:0
  • Block: 11
  • Municipality: MARBLEHEAD
  • Latitude: 42.5091
  • Longitude: -70.8498

    Address

  • Full Address: 42 Pond St
  • Address - House Number: 42
  • Address - Street Name: Pond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C026
  • 4-Digit Zip Code: 2616
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $792,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 976,704
  • High Value: 1,141,791
  • Low Value: 811,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $884,100
  • Assessed Land Value: $592,500
  • Assessed Improvements Value: $291,600

    Sales

  • Current Sale Recording Date: Mar 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 21, 2002
  • Previous Sale Amount: $425,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 70316549

Frequently Asked Questions

When was property at 42 Pond Street built and last sold?
The property at 42 Pond Street was built in 1900 and last sold on Jan 1, 1970 for $620,000.
How much is this home worth?
The estimated value of the home located at 42 Pond Street is $657,107.
What are some comparable homes to 42 Pond Street?
There are currently no comparable homes to 42 Pond Street.
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