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Marblehead 01945
43 West St
$534,900
● House - Off Market

43 West St

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,720 Ft²
$928,024
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Exquisite Dutch Gambrel colonial in the desirable Glover school district with great curb appeal, including meticulous landscaping, mature plantings and a private, enclosed back yard. Interior boasts 9 foot ceilings, exposed beams, fine moldings and workmanship. Kitchen has granite counters, cherry cabinets and gas stove. There are pine hardwood floors throughout the home. Current owners have made many updates including new windows throughout, custom radiator covers, new fireplace mantel, refinished hardwood floors, new carpeting, upgraded electrical, new hot water heater, Everpure water filtration system, custom kitchen island, alarm system and new walkways front and back as well as patio.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$311
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1925

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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 #71837743)

Price History

Date / Event Date Event Price
Jul 17, 2015 Sold
Premium
Sold
May 15, 2015 Listed by RealHome Services and Solutions, Inc. $534,900
Listed by RealHome Services and Solutions, Inc.
Jan 12, 2007 Sold
Premium
Sold
Oct 3, 2006 Listed by Robert E. Driscoll, Jr., ESQ. $485,000
Listed by Robert E. Driscoll, Jr., ESQ.
Move-in condition. Updated and well-located 4 bedroom Colonial with view of Tedesco Country Club. New granite kitchen with cherry cabinets, tiled mud room.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,154
  • Total Building Area: 1,720
  • Gross Building Area: 3,160
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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:0018 L:0
  • Block: 18
  • Municipality: MARBLEHEAD
  • Latitude: 42.4854
  • Longitude: -70.8914

    Address

  • Full Address: 43 West St
  • Address - House Number: 43
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1659
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,500

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 906,330
  • High Value: 1,046,990
  • Low Value: 765,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,900
  • Assessed Land Value: $551,400
  • Assessed Improvements Value: $260,500

    Sales

  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 415
  • Previous Sale Recording Date: Sep 03, 2010
  • 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

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 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# 71837743

Frequently Asked Questions

When was property at 43 West Street built and last sold?
The property at 43 West Street was built in 1925 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 43 West Street is $564,462.
What are some comparable homes to 43 West Street?
There are currently no comparable homes to 43 West Street.
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