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Marblehead 01945
5 Ruby Ave
Photo of 5 Ruby Ave
Sold on Oct 26, 2006

1

Map

$480,000
● House - Off Market

5 Ruby Ave

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$907,082
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

CHARMING ARTS AND CRAFTS STYLE HOME WITH MANY PERIOD DETAILS. HARDWOOD FLOORS THROUGHOUT,A LARGE WELCOMING FRONT FOYER WITH A TURNED STAIRCASE AND BUILT-INS TRUE TO THE PERIOD.THREE GOOD SIZED BEDROOMS.AMPLE CLOSET SPACE. OPEN LIVING AND DINING ROOM.OUTSIDE HAS A SPACIOUS PRIVATE FENCED IN YARD WITH WONDERFUL PERENNIAL GARDENS,A ONECAR GARAGE +3 OFF ST.SPACES A SMALL GREENHOUSE,AND A 25X6 COVERED FRONT PORCH.CONVENIENT TO SCHOOLS, SHOPPING,GOLF,AND BEACHES.THERE HAVE BEEN MANY RECENT UPGRADES
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$294
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1925

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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 #70457231)

Price History

Date / Event Date Event Price
Oct 26, 2006 Sold
Premium
Sold
Sep 13, 2006 Listed $489,000
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 836
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,463
  • Gross Building Area: 2,709
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0013 B:0028 L:0
  • Block: 28
  • Municipality: MARBLEHEAD
  • Latitude: 42.4847
  • Longitude: -70.8876

    Address

  • Full Address: 5 Ruby Ave
  • Address - House Number: 5
  • Address - Street Name: Ruby
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1622
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,400

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 799,496
  • High Value: 921,933
  • Low Value: 677,059

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,300
  • Assessed Land Value: $533,300
  • Assessed Improvements Value: $120,000

    Sales

  • Current Sale Recording Date: Oct 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70457231

Frequently Asked Questions

When was property at 5 Ruby Avenue built and last sold?
The property at 5 Ruby Avenue was built in 1925 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 5 Ruby Avenue is $515,516.
What are some comparable homes to 5 Ruby Avenue?
There are currently no comparable homes to 5 Ruby Avenue.
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