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Marblehead 01945
46 Pinecliff Drive
$800,000
● House - Off Market

46 Pinecliff Drive

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,596,825
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model

About This Property

Direct harborfront contemporary home located in a top residential area. About a half acre of land ensures privacy. Beautiful views of inner Salem harbor ( no power plant in sight). Nine rooms, 3 Bedrooms, 2.5 Bathrooms.  New heating system, central air conditioning. Living room with vaulted ceiling, a wall of glass and fireplace. Two car oversized garage. Quality home ready for your improvements.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$298
Property Type
House
Property Taxes
$646
HOA Dues
-
Year Built
1979

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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 #70235298)

Price History

Date / Event Date Event Price
Nov 1, 2005 Sold
Premium
Sold
Aug 2, 2005 Listed by Carlson GMAC Real Estate $895,000
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,751
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 4,354
  • Gross Building Area: 7,517
  • Building Area: 4,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,354
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000482
  • 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:0056 B:0005 L:0
  • Block: 5
  • Municipality: MARBLEHEAD
  • Latitude: 42.4991
  • Longitude: -70.8824

    Address

  • Full Address: 46 Pinecliff Dr
  • Address - House Number: 46
  • Address - Street Name: Pinecliff
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1247
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,349,800

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 2,059,245
  • High Value: 2,380,418
  • Low Value: 1,738,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,622,500
  • Assessed Land Value: $1,881,000
  • Assessed Improvements Value: $741,500

    Sales

  • Current Sale Recording Date: Nov 01, 2005
  • Current Sale Price:
    Premium
  • Current 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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2886 ft²

Average Home Age

92.8 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

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: 4 months ago
Data Source: MLS PIN, MLS# 70235298

Frequently Asked Questions

When was property at 46 Pinecliff Drive built and last sold?
The property at 46 Pinecliff Drive was built in 1979 and last sold on Jan 1, 1970 for $800,000.
How much is this home worth?
The estimated value of the home located at 46 Pinecliff Drive is $946,104.
What are some comparable homes to 46 Pinecliff Drive?
There are currently no comparable homes to 46 Pinecliff Drive.
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