Marblehead
47 Independence Way #A
$400,000
●
Condo -
Off Market
47 Independence Way #A
Marblehead, MA 01945
1 Bed
1 Bath
600 Ft²
$459,479
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model
About This Property
Fully renovated single level (1st level entry) 1 bedroom, 1 full
bath condominium on this Marblehead Harbor front location. 1 car
parking.. space is right out front. Open floor plan, gleaming
hardwood floors, good ceiling height. Direct access to furnishable
11X 6 covered updated deck through new slider system. Lovely garden
views. Granite and stainless kitchen w/ full breakfast bar. In unit
laundry. Primary bedroom w/ hardwood flooring & spacious
double clothes closet w/mirrored doors. Additional private storage
unit on site. Private beach for lounging & swimming. Dock, kayak
storage and Club (function) Room. Additional parking & garage space
(waiting list availability).The professionally landscaped grounds
are beautiful & extremely well maintained. Monthly condo fee
includes heat, hot water, water, sewer, master insurance, exterior
maintenance, road maintenance, landscaping, snow removal,
trash/recycling removal, reserve funds, management & access to
common areas.Close to everything
Unit Size
600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$665
Property Type
Condo
Property Taxes
$264
HOA Dues
$395
Year Built
-
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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 #72820710)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | In contract | - | |
| In contract | |||
| Feb 23, 2023 | Listed by William Raveis R.E. & Home Services | $439,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
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 recently renovated, sun-drenched condo boasting one large bedroom, one full bath, open living concept with dining area, beautiful kitchen, in unit washer/dryer, 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, 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.
| |||
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 26, 2021 | Listed by William Raveis R.E. & Home Services | $399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Main
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Area: 66
Features: Bathroom - Full
Length: 11
Level: First
Width: 6
Features: Flooring - Hardwood, Breakfast Bar / Nook, Remodeled
Level: Main
Length: 18
Level: Main
Area: 252
Features: Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled
Width: 14
Features: Closet, Flooring - Hardwood
Level: First
Length: 11
Width: 10
Area: 110
Features: No
Full Bathrooms: 1
Interior Features: Entrance Foyer
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Closet/Cabinets - Custom Built, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 3
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Glover Landing
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CR
Parcel Number: 131 17 A, 2025006
Water Source: Public
Financial Details
Tax Map Number: 131
Tax Assessed Value: $305,100
Tax Annual Amount: $3,170
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Laundry
Association Fee Frequency: Monthly
HOA Fee: $395
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
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 |
|---|---|---|---|---|---|---|---|
|
02/23/2023
|
1 Bed
|
1 Bath
|
600 ft²
|
$439,000
1 Bed
1 Bath
600 ft²
|
$439,000
03/31/2023
|
Eric Suhr
William Raveis R.E. & Home Services
| |
|
04/26/2021
|
1 Bed
|
1 Bath
|
600 ft²
|
$399,000
1 Bed
1 Bath
600 ft²
|
$400,000
+0.25%
06/04/2021
|
Eric Suhr
William Raveis R.E. & Home Services
| |
|
08/28/2020
|
1 Bed
|
1 Bath
|
600 ft²
|
$315,000
1 Bed
1 Bath
600 ft²
|
$321,000
+1.90%
10/30/2020
|
Steven White
Assist 2 Sell, Cape & Islands
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017