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Marblehead 01945
50 Bayview
$675,000
● House - Off Market

50 Bayview

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$688,330
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

This light-filled 2 bedroom, 2 bathroom is a perfect starter home in one of New Englands most beautiful towns.  Hardwood floors, living room with a gas fireplace, updated kitchen with ample storage and gas cooking.  This home has a partially renovated basement with a bulkhead.  Separate storage shed outside with a workroom.  Large backyard - perfect for a garden or playground.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$439
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1960

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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 #72950518)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Coldwell Banker Realty - Boston $675,000
Listed by Coldwell Banker Realty - Boston
Jul 1, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,660
  • Total Building Area: 1,536
  • Gross Building Area: 1,960
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0123 B:0005 L:0
  • Block: 5
  • Municipality: MARBLEHEAD
  • Latitude: 42.5067
  • Longitude: -70.8681

    Address

  • Full Address: 50 Bayview Rd
  • Address - House Number: 50
  • Address - Street Name: Bayview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C010
  • 4-Digit Zip Code: 1302
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 731,467
  • High Value: 884,713
  • Low Value: 578,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $656,300
  • Assessed Land Value: $519,500
  • Assessed Improvements Value: $136,800

    Sales

  • Current Sale Contract Date: Apr 17, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220428002860
  • Previous Sale Recording Date: Jul 01, 1997
  • Previous Sale Amount: $160,000
  • Previous 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# 72950518

Frequently Asked Questions

When was property at 50 Bayview Road built and last sold?
The property at 50 Bayview Road was built in 1960 and last sold on Apr 17, 2022 for $675,000.
How much is this home worth?
The estimated value of the home located at 50 Bayview Road is $691,491.
What are some comparable homes to 50 Bayview Road?
There are currently no comparable homes to 50 Bayview Road.
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