Marblehead
47 Independence Way #B
$321,000
●
Condo -
Off Market
47 Independence Way #B
Marblehead, MA 01945
1 Bed
1 Bath
600 Ft²
$406,102
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model
About This Property
Lovely harbor views from this single level (1st level entry) 1
bedroom, 1 full bath condominium on this Marblehead Harborfront
location. 1 car parking space is right out front. Open floor plan,
hardwood flooring, good ceiling height and opportunities to
personalize include Kitchen and Bathroom. Direct access to
furnishable 11X 6 covered deck w/ harbor views. Ensuite master
bedroom w/ hardwood flooring & spacious clothes closet. Additional
private storage unit on site 11L X 5D X 6H. 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 of $439 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. Unit
sold "as is". Offers on or before 8/31 12 noon.
Unit Size
600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$525
Property Type
Condo
Property Taxes
$226
HOA Dues
$439
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 #72717577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by William Raveis R.E. & Home Services | $315,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Main
Features: Closet, Flooring - Hardwood, Dining Area, Pantry, Open Floorplan
Area: 66
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile
Length: 11
Level: First
Width: 6
Features: Open Floorplan
Level: Main
Length: 18
Level: Main
Area: 252
Features: Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan
Width: 14
Features: Bathroom - Full, Closet, Flooring - Hardwood
Level: First
Length: 11
Width: 10
Area: 110
Features: Yes
Full Bathrooms: 1
Interior Features: Open Floorplan, Entrance Foyer
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Hardwood, Flooring - Hardwood
Laundry Features: Common Area
Rooms: 3
Basement: N
Parking Details
Parking Features: Assigned, Deeded, Driveway, Paved
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Glover Landing
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Covered
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CR
Parcel Number: 131 17 B, 2025007
Water Source: Public
Financial Details
Tax Map Number: 131
Tax Assessed Value: $261,200
Tax Annual Amount: $2,714
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Laundry, Clubroom, Beach Rights, Boat Dock, Storage, Garden Area
Association Fee Frequency: Monthly
HOA Fee: $439
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, 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