Marblehead
48A Independence Way #A
$275,000
●
Condo -
Off Market
48A Independence Way #A
Marblehead, MA 01945
2 Beds
2 Baths,
1
Half Bath
1,200 Ft²
$903,964
RealtyHop Estimate
222.96%
Since Oct 1, 1999
MA-Boston
Primary Model
About This Property
PARTIAL VIEWS OF MAARBLEHEAD HARBOR FROM THE DECK, MASTER BEDROOM
AND LIVING ROOM OF THIS BEAUTIFULLY UPDATED 2 BEDRM CONDO FLAT ON
1ST LEVEL, MARBLE FIREPLACE, CENTRAL AIR, SECURITY AND NEW HTG
SYSTEM, ACCESS TO MAARBLEHEAD HARBOR!!!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
Condo
Property Taxes
$180
HOA Dues
$400
Year Built
-
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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 years ago (MLSPIN #30340206)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 1999 | Sold | ||
| Sold | |||
| Jul 22, 1999 | Listed | $279,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Level: First
Features: Bathroom - Full
Level: First
Features: Bathroom - Half
Level: First
Level: First
Level: First
Level: First
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Flooring Type: Wood
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street, Deeded
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: Garden, Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 2025001
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $185,800
Tax Annual Amount: $2,155
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Sauna/Steam, Clubroom, Beach Rights, Storage
HOA Fee: $400
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 |
|---|---|---|---|---|---|---|---|
|
03/16/2006
|
2 Bed
|
2 Bath
|
1200 ft²
|
$399,000
2 Bed
2 Bath
1200 ft²
|
$378,500
-5.14%
06/13/2007
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
|
07/22/1999
|
2 Bed
|
2 Bath
|
1200 ft²
|
$279,900
2 Bed
2 Bath
1200 ft²
|
$275,000
-1.75%
09/27/1999
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
|
02/10/1998
|
3 Bed
|
2 Bath
|
1800 ft²
|
$349,000
3 Bed
2 Bath
1800 ft²
|
$344,000
-1.43%
05/06/1998
|
Paul Stevens
Paul Stevens REALTORS®
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017