Marblehead
44 Independence Way #44
$442,000
●
Condo -
Off Market
44 Independence Way #44
Marblehead, MA 01945
1 Bed
2 Baths,
1
Half Bath
900 Ft²
$558,289
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model
About This Property
Rare offering at the highly regarded "Glover Landing" harbor front
community with direct access to the world renown Marblehead Harbor.
Enjoy single level living in this sun drenched condo boasting one
large bedroom, one full and one half bath, walk in closet,
fireplace, open living room with dining area, beautiful kitchen,
and private deck through oversized sliders. This complex includes a
private sandy beach, function room, dock, and professionally
maintained grounds. This exceptional condo also has one car
assigned parking directly outside of the unit, and additional
parking can be potentially rented from the association. Walking
distance to Historic Marblehead and the areas vast amenities.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$489
Property Type
Condo
Property Taxes
$352
HOA Dues
$527
Year Built
1971
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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 years ago (MLSPIN #72755201)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Nov 10, 2020 | Listed by Coldwell Banker Realty - Marblehead | $439,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street, Assigned, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Hardwood
Laundry Features: Common Area
Rooms: 3
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Glover Landing
Structure Type: Townhouse
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CR
Parcel Number: M:0131 B:0018 L:44, 2025010
Water Source: Public
Financial Details
Tax Assessed Value: $406,700
Tax Annual Amount: $4,226
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Laundry, Recreation Facilities, Clubroom, Beach Rights, Boat Dock, Storage
Association Fee Frequency: Monthly
HOA Fee: $527
Community Features: Shopping, Park, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2020
|
1 Bed
|
2 Bath
|
900 ft²
|
$439,900
1 Bed
2 Bath
900 ft²
|
$442,000
+0.48%
12/23/2020
|
Eric Suhr
William Raveis R.E. & Home Services
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017