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Marblehead 01945
46 Ruby Ave.
$450,000
● House - Off Market

46 Ruby Ave.

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$656,110
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Meticulously maintained single family home in the desirable Clifton neighborhood of Marblehead. This home features beautiful recently refinished hardwood floors, detailed moldings throughout, a gas fireplace in the living room, a large master bedroom, and a one car garage with an enclosed storage room above the garage. There is a bonus room currently used as an office in addition to the two large bedrooms and full bathroom on the second floor. Plenty of options to use all the space in this centrally located home near beaches, shops, restaurants, and more! Recent upgrades to the home include: new hot water heater 2019, new boiler 2018, refinished hard wood floors on first floor 2018, exterior paint 2018, clog free gutters approximately 2015, replaced windows throughout approximately 2012.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$364
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1934

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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 #72452333)

Price History

Date / Event Date Event Price
May 8, 2019 Sold
Premium
Sold
Feb 12, 2019 Listed by Coldwell Banker Residential Brokerage - Marblehead $459,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jan 11, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 729
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,400
  • Total Building Area: 1,229
  • Gross Building Area: 2,206
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,229
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • 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:0017 L:0
  • Block: 17
  • Municipality: MARBLEHEAD
  • Latitude: 42.4854
  • Longitude: -70.8912

    Address

  • Full Address: 46 Ruby Ave
  • Address - House Number: 46
  • Address - Street Name: Ruby
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1654
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $531,700

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 705,482
  • High Value: 826,290
  • Low Value: 584,674

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,400
  • Assessed Land Value: $492,300
  • Assessed Improvements Value: $101,100

    Sales

  • Current Sale Contract Date: May 06, 2019
  • Current Sale Recording Date: May 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190508002010
  • Previous Sale Recording Date: Jan 11, 1994
  • Previous Sale Amount: $160,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 72452333

Frequently Asked Questions

When was property at 46 Ruby Avenue built and last sold?
The property at 46 Ruby Avenue was built in 1934 and last sold on May 6, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 46 Ruby Avenue is $475,439.
What are some comparable homes to 46 Ruby Avenue?
There are currently no comparable homes to 46 Ruby Avenue.
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