Marblehead
45 Independence Way #45
$575,500
●
Condo -
Off Market
45 Independence Way #45
Marblehead, MA 01945
1 Bed
1 Bath
900 Ft²
$528,206
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model
About This Property
"Glover Landing" harbor front community with direct access to the
world renown Marblehead Harbor. Enjoy single level living in this
rare private entrance unit. This sun-drenched one-bedroom, one full
bath condo features a large living room leading to oversize sliders
to your private balcony/deck with peeks of the harbor. Beautiful
kitchen, in unit washer/dryer and attic storage. 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, additional
parking can be potentially rented from the association. On site
management provides extremely high level of client service. Walking
distance to Historic Marblehead and the areas vast amenities.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$577
Property Type
Condo
Property Taxes
$371
HOA Dues
$519
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: 4 months ago (MLSPIN #73083716)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | In contract | - | |
| In contract | |||
| Mar 2, 2023 | Listed by William Raveis R.E. & Home Services | $519,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
"Glover Landing" harbor front community with direct access to the world renown Marblehead Harbor. Enjoy single level living in this rare private entrance unit. This sun-drenched one-bedroom, one full bath condo features a large living room leading to oversize sliders to your private balcony/deck with peeks of the harbor. Beautiful kitchen, in unit washer/dryer and attic storage. 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, additional parking can be potentially rented from the association. On site management provides extremely high level of client service. Walking distance to Historic Marblehead and the areas vast amenities.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Common Area, In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Square Footage: 900
Year Built Source: Public Records
Year Built: 1971
Waterfront Features: Harbor, Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Association, Deeded Rights)
Building Name: Glover Landing
Building Area Total: 900
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Covered
Lot Size Units: Acres
Tax Lot: A
Water Source: Public
Financial Details
Tax Map Number: 131
Tax Assessed Value: $423,100
Tax Annual Amount: $4,451
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Laundry, Recreation Facilities, Beach Rights, Boat Dock, Storage, Garden Area
HOA Fee: $519
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
03/02/2023
|
1 Bed
|
1 Bath
|
900 ft²
|
$519,000
1 Bed
1 Bath
900 ft²
|
$575,500
+10.89%
04/07/2023
|
Eric Suhr
William Raveis R.E. & Home Services
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017