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Marblehead 01945
5 Victoria Lane
$600,000
● House - Off Market

5 Victoria Lane

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,922 Ft²
$962,748
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

This home at the end of the cul-de-sac has the largest lot on the street.  Major upgrades consist of roof, water heater, windows and siding.  Nice floor plan boasts spacious rooms and loads of closet space.  Full basement with walk out door offers options to finish all or some of it.  Two car garage also offers the opportunity to make more storage above or possibly make a roof deck which would be off the master bedroom.  Wonderful home and street!
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$312
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1982

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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 #72104727)

Price History

Date / Event Date Event Price
Mar 22, 2017 Sold
Premium
Sold
Jan 3, 2017 Listed by Keller Williams Realty Evolution $599,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,194
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,760
  • Total Building Area: 1,922
  • Gross Building Area: 3,752
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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:0018 B:030C L:0
  • Block: 30C
  • Municipality: MARBLEHEAD
  • Latitude: 42.4901
  • Longitude: -70.8891

    Address

  • Full Address: 5 Victoria Ln
  • Address - House Number: 5
  • Address - Street Name: Victoria
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C021
  • 4-Digit Zip Code: 1046
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,000

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 994,546
  • High Value: 1,164,303
  • Low Value: 824,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $891,700
  • Assessed Land Value: $582,400
  • Assessed Improvements Value: $309,300

    Sales

  • Current Sale Recording Date: Mar 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 295
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# 72104727

Frequently Asked Questions

When was property at 5 Victoria Lane built and last sold?
The property at 5 Victoria Lane was built in 1982 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 5 Victoria Lane is $635,281.
What are some comparable homes to 5 Victoria Lane?
There are currently no comparable homes to 5 Victoria Lane.
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