Marblehead
47A Independence Way #47A
$110,000
●
Condo -
Off Market
47A Independence Way #47A
Marblehead, MA 01945
1 Bed
1 Bath
600 Ft²
$541,563
RealtyHop Estimate
351.68%
Since Apr 1, 1996
MA-Boston
Primary Model
About This Property
ESTABLISHED WELL-MANAGED CONDOMINIUM ON BEAUTIFULLY LANDSCAPED
GROUNDS OVERLOOKING MARBLEHEAD HARBOR. PRIVATE BEACH, LAUNCH
SERVICE, FUNCTION ROOM. NEW KITCHEN & BATH.
Unit Size
600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
$94
HOA Dues
$198
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 #30033806)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 1997 | Sold | ||
| Sold | |||
| Jun 9, 1997 | Listed by Carlson GMAC Real Estate | $119,900 | |
| Listed by Carlson GMAC Real Estate | |||
| | |||
|
ESTABLISHED WELL MANAGED CONDOMINIUM. BEAUTIFULLY LANDSCAPED GROUNDS OVERLOOKING MARBLEHEAD HARBOR PRIVATE BEACH, DOCK. QUIET YET CLOSE TO TOWN. FIRST FLOOR , NO STEPS. EXCELLENT WEEKEND RETREAT OR RETIREMENT HOME.
| |||
| Mar 22, 1996 | Sold | ||
| Sold | |||
| Mar 10, 1995 | Listed by Coldwell Banker Realty - Marblehead | $119,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full
Level: First
Features: Flooring - Hardwood
Level: First
Features: Flooring - Hardwood
Features: No
Full Bathrooms: 1
Appliances: Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Tile
Rooms: 2
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Glover Landing
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: SHR CENRES
Parcel Number: 2025005
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $93,700
Tax Annual Amount: $1,123
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Common, Wall Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Sauna/Steam, Clubroom, Beach Rights, Boat Dock, Storage
HOA Fee: $198
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 |
|---|---|---|---|---|---|---|---|
|
06/09/1997
|
1 Bed
|
1 Bath
|
600 ft²
|
$119,900
1 Bed
1 Bath
600 ft²
|
$113,000
-5.75%
09/29/1997
|
Non Member
State Wide MLS of Rhode Island
| |
|
03/10/1995
|
1 Bed
|
1 Bath
|
600 ft²
|
$119,900
1 Bed
1 Bath
600 ft²
|
$110,000
-8.26%
03/22/1996
|
Gloria Gutwirth
Coldwell Banker Residential Brokerage - Marblehead
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017