Marblehead
50 Allerton Place #B
$560,000
●
Condo -
Off Market
50 Allerton Place #B
Marblehead, MA 01945
2 Beds
2 Baths,
1
Half Bath
1,200 Ft²
$830,441
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model
About This Property
A rare first floor garden style flat at Glover Landing Condominium.
Garden and Abbot Hall view with slight peeks of the ocean
from kitchen and bedroom. Hardwood floors glisten, the
fireplace beckons and the overall unit invites you to move in. The
Glover Landing Condominium further offers use of private sandy,
swimable beach, storage for kayaks and other small ocean crafts.
Private dock allows you to launch your boat or tie up
your dingy. Ward Room offers a perfect setting for parties or
just a small get together to enjoy one of the best views on the
East Coast. Beautiful landscaped gardens just complete the
lovely picture. Maintenance free living at its best.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$467
Property Type
Condo
Property Taxes
$402
HOA Dues
$627
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: 4 years ago (MLSPIN #72310122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2018 | Sold | ||
| Sold | |||
| Apr 17, 2018 | Listed by William Raveis R.E. & Home Services | $560,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile
Laundry Features: In Unit, Washer Hookup
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Glover Landing
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 2024997
Water Source: Public
Financial Details
Tax Map Number: 0131
Tax Assessed Value: $437,300
Tax Annual Amount: $4,819
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Natural Gas, Common, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Laundry, Clubroom, Beach Rights, Boat Dock, Storage, Garden Area
Association Fee Frequency: Monthly
HOA Fee: $627
Community Features: Public Transportation, Shopping
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
04/17/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$560,000
2 Bed
2 Bath
1200 ft²
|
$560,000
05/24/2018
|
Patricia Kane
William Raveis R.E. & Home Services
| |
|
01/19/2016
|
2 Bed
|
1 Bath
|
1200 ft²
|
$419,000
2 Bed
1 Bath
1200 ft²
|
$385,000
-8.11%
07/27/2016
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
| |
|
01/20/2014
|
2 Bed
|
2 Bath
|
1200 ft²
|
$419,900
2 Bed
2 Bath
1200 ft²
|
$405,000
-3.55%
07/31/2014
|
Dana Lothrop
William Raveis R.E. & Home Services
| |
|
09/04/2007
|
2 Bed
|
2 Bath
|
1200 ft²
|
$419,000
2 Bed
2 Bath
1200 ft²
|
$380,000
-9.31%
11/30/2007
|
Bryce Suydam
Bryce Suydam
| |
|
03/11/2002
|
2 Bed
|
2 Bath
|
1200 ft²
|
$359,900
2 Bed
2 Bath
1200 ft²
|
$350,000
-2.75%
06/03/2002
|
Sussi Danforth
Coldwell Banker Realty - Marblehead
| |
|
10/19/1999
|
2 Bed
|
2 Bath
|
1200 ft²
|
$279,000
2 Bed
2 Bath
1200 ft²
|
$279,000
03/03/2000
|
Dwight Grader
Coldwell Banker Residential Brokerage - Marblehead
|
Building Info
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