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Marblehead 01945
45 Jersey St
$400,000
● House - Off Market

45 Jersey St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,449 Ft²
$703,445
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

An utterly charming c.1887 Eastlake Victorian . Three nice sized bedrooms, 1 1/4 baths.  All the right architectural elements are intact with high ceilings, generous sized rooms, period woodwork and hardware, bay window, pine floors, and stained glass.  Fully air-conditioned. This sweetheart house is waiting for some fresh paint and spit shine to make it magazine worthy.  Screened-in front porch, a large, private rear deck and shaded yard with an extra wooded lot that extends to a paper road. Garden shed and paved driveway that will accommodate at least four cars tandem.  Easy walk to school, shops, parks and public transportation and beaches.
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$324
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1887

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72416556)

Price History

Date / Event Date Event Price
Jan 16, 2019 Sold
Premium
Sold
Oct 27, 2018 Listed by William Raveis R.E. & Home Services $469,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1887
  • Effective Year Built: 1887
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 1,449
  • Gross Building Area: 2,836
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINDSEY SANFORD
  • Land Acres: 0000000171
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0126 B:0032 L:0
  • Block: 32
  • Municipality: MARBLEHEAD
  • Latitude: 42.5048
  • Longitude: -70.8606

    Address

  • Full Address: 45 Jersey St
  • Address - House Number: 45
  • Address - Street Name: Jersey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2413
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,600

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 671,434
  • High Value: 819,908
  • Low Value: 522,961

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $726,100
  • Assessed Land Value: $531,200
  • Assessed Improvements Value: $194,900

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190116000200
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:

$992,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72416556

Frequently Asked Questions

When was property at 45 Jersey Street built and last sold?
The property at 45 Jersey Street was built in 1887 and last sold on Jan 11, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 45 Jersey Street is $487,015.
What are some comparable homes to 45 Jersey Street?
There are currently no comparable homes to 45 Jersey Street.
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