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Marblehead 01945
5 Hathaway Road
$767,500
● House - Off Market

5 Hathaway Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,038 Ft²
$1,404,327
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Understated from the outside yet deceptively open on the inside, this renovated 3 bedroom, 3.5 bath home features a state of the art kitchen open to the first floor fireplaced family room and dining room. The formal living room has a wall of east facing windows, a wood burning fireplace, and naturally flows into either the dining room or kitchen.  There is direct access to the back and side decks as well as the beautifully landscaped back yard.  The lower level, which could be set up as an in-law suite, is presently used as a media room with full kitchen, an office and full bath.   Deeded beach rights to a private beach are included, an ideal location to launch paddle boats or kayaks.
Unit Size
3,038 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$253
Property Type
House
Property Taxes
$624
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71728062)

Price History

Date / Event Date Event Price
Nov 14, 2014 Sold
Premium
Sold
Aug 12, 2014 Listed by Coldwell Banker Residential Brokerage - Marblehead $767,500
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jun 24, 2010 Sold
Premium
Sold
Oct 27, 2009 Listed by Coldwell Banker Residential Brokerage - Marblehead $565,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,893
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,336
  • Total Building Area: 3,027
  • Gross Building Area: 4,168
  • Building Area: 3,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,027
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHARD B LOCKE ESTATE
  • Land Acres: 0000000237
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0028 B:0022 L:0
  • Block: 22
  • Municipality: MARBLEHEAD
  • Latitude: 42.4831
  • Longitude: -70.8736

    Address

  • Full Address: 5 Hathaway Rd
  • Address - House Number: 5
  • Address - Street Name: Hathaway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C017
  • 4-Digit Zip Code: 2707
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,327,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,348,985
  • High Value: 1,571,556
  • Low Value: 1,126,415

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,482,000
  • Assessed Land Value: $1,069,400
  • Assessed Improvements Value: $412,600

    Sales

  • Current Sale Recording Date: Nov 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111400504
  • Previous Sale Recording Date: Jun 24, 2010
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$992,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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# 71728062

Frequently Asked Questions

When was property at 5 Hathaway Road built and last sold?
The property at 5 Hathaway Road was built in 1954 and last sold on Jan 1, 1970 for $767,500.
How much is this home worth?
The estimated value of the home located at 5 Hathaway Road is $821,954.
What are some comparable homes to 5 Hathaway Road?
There are currently no comparable homes to 5 Hathaway Road.
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