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Marblehead 01945
47 Jersey St
$590,000
● House - Off Market

47 Jersey St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,424 Ft²
$855,035
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Enjoy life in one of Marblehead's most desirable and convenient neighborhoods where you can walk to anywhere you'd want to go- the harbor, parks, restaurants and bars, theaters, shops, schools and playing fields! This beautifully updated 3 bedroom, 2.5 bath home has ample space for gatherings both inside and out with a spacious deck overlooking a large, gorgeous yard and gardens. You will appreciate the convenience of the first floor master suite. The extensive updates have touched almost every aspect of the home from "whole house" insulation to new windows - ask agent for more details. All the work has been done yet the home still has all of the character and charm you would expect in a classic Marblehead home.
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$421
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1900

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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 #72479174)

Price History

Date / Event Date Event Price
Jul 26, 2019 Sold
Premium
Sold
Apr 9, 2019 Listed by Sagan Harborside Sotheby's International Realty $599,900
Listed by Sagan Harborside Sotheby's International Realty
Oct 6, 2015 Sold
Premium
Sold
Jul 28, 2015 Listed by Sagan Harborside Sotheby's International Realty $510,000
Listed by Sagan Harborside Sotheby's International Realty
Sep 28, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 824
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,250
  • Total Building Area: 1,270
  • Gross Building Area: 2,705
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,270
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLEN LINDSEY & JUDSON C SANFO
  • Land Acres: 0000000098
  • 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:0031 L:0
  • Block: 31
  • Municipality: MARBLEHEAD
  • Latitude: 42.5048
  • Longitude: -70.8607

    Address

  • Full Address: 47 Jersey St
  • Address - House Number: 47
  • 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: $639,900

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 791,435
  • High Value: 912,554
  • Low Value: 670,316

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,200
  • Assessed Land Value: $483,200
  • Assessed Improvements Value: $231,000

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20190726002200
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: O
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:

$995,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72479174

Frequently Asked Questions

When was property at 47 Jersey Street built and last sold?
The property at 47 Jersey Street was built in 1900 and last sold on Jul 25, 2019 for $590,000.
How much is this home worth?
The estimated value of the home located at 47 Jersey Street is $615,272.
What are some comparable homes to 47 Jersey Street?
There are currently no comparable homes to 47 Jersey Street.
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