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Marblehead 01945
42 Ruby Avenue
$510,000
● House - Off Market

42 Ruby Avenue

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,535 Ft²
$891,592
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Wonderful Bungalow style with spacious and open layout. Welcoming foyer and front hall with closet.  Hardwood floors, period moldings, fireplace and built in in Living Room. Plantation shutters and wood blinds throughout.  White eat in kitchen with granite counters open to Dining Room.  Master bedroom with ample closets with 2 skylights and cathedral ceilings.    Full finished basement great for office or family room.  New roof, newer windows and exterior doors.  Flat fenced yard great for gardening, kids, or pets. One car detached garage and long driveway offers plenty of off street parking.
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$332
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #71897218)

Price History

Date / Event Date Event Price
Nov 6, 2015 Sold
Premium
Sold
Sep 1, 2015 Listed by William Raveis R.E. & Home Services $509,000
Listed by William Raveis R.E. & Home Services
Mar 25, 2013 Sold
Premium
Sold
Sep 25, 2012 Listed by William Raveis R.E. & Home Services $439,000
Listed by William Raveis R.E. & Home Services
Mar 31, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 708
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,535
  • Gross Building Area: 2,557
  • Building Area: 1,535
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,535
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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:0014 B:0015 L:0
  • Block: 15
  • Municipality: MARBLEHEAD
  • Latitude: 42.4853
  • Longitude: -70.8908

    Address

  • Full Address: 42 Ruby Ave
  • Address - House Number: 42
  • Address - Street Name: Ruby
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1654
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $704,200

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 807,320
  • High Value: 945,119
  • Low Value: 669,520

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $785,900
  • Assessed Land Value: $501,700
  • Assessed Improvements Value: $284,200

    Sales

  • Current Sale Recording Date: Nov 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 247
  • Previous Sale Recording Date: Mar 25, 2013
  • Previous Sale Amount: $418,500
  • Previous Sale Document Type: O
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

$536

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3052 ft²

Average Home Age

86.1 years

Currently For Sale

36 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: 5 months ago
Data Source: MLS PIN, MLS# 71897218

Frequently Asked Questions

When was property at 42 Ruby Avenue built and last sold?
The property at 42 Ruby Avenue was built in 1930 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 42 Ruby Avenue is $531,109.
What are some comparable homes to 42 Ruby Avenue?
There are currently no comparable homes to 42 Ruby Avenue.
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