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Marblehead 01945
43 Crestwood Rd
$650,000
● House - Off Market

43 Crestwood Rd

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,370 Ft²
$1,286,131
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Winter water views! Cliff Area.  Set graciously, this 4 br, 2.5 ba colonial shows pride of ownership.  Elegant moldings and large windows make entertaining in FP living room and spacious dining room a pleasure.  Kitchen with separate breakfast area overlook private patio and gorgeous grounds.  FP family room, lovely master suite, AC, sprinkler system plus newer furnaces  MUST SEE!
Unit Size
2,370 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$287
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1967

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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 #71546795)

Price History

Date / Event Date Event Price
Aug 29, 2013 Sold
Premium
Sold
Jun 24, 2013 Listed by Sagan Agency REALTORS® $679,000
Listed by Sagan Agency REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,660
  • Total Building Area: 2,974
  • Gross Building Area: 4,525
  • Building Area: 2,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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:0014 L:0
  • Block: 14
  • Municipality: MARBLEHEAD
  • Latitude: 42.5006
  • Longitude: -70.8769

    Address

  • Full Address: 43 Crestwood Rd
  • Address - House Number: 43
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1252
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,095,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,238,164
  • High Value: 1,450,270
  • Low Value: 1,026,057

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,222,100
  • Assessed Land Value: $744,100
  • Assessed Improvements Value: $478,000

    Sales

  • Current Sale Recording Date: Aug 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 29, 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 Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$538

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2910 ft²

Average Home Age

90.7 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

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: 5 months ago
Data Source: MLS PIN, MLS# 71546795

Frequently Asked Questions

When was property at 43 Crestwood Road built and last sold?
The property at 43 Crestwood Road was built in 1967 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 43 Crestwood Road is $729,097.
What are some comparable homes to 43 Crestwood Road?
There are currently no comparable homes to 43 Crestwood Road.
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