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Marblehead 01945
50 Pilgrim Rd
$525,000
● House - Off Market

50 Pilgrim Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,887 Ft²
$885,836
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Update to your own taste. Three-bedroom English Tudor in the Glover School district that radiates warmth and charm. Located on a spacious, private lot in Clifton near a hiking/bike path and convenient for a Boston commute. Spectacular, sun-drenched dining room and living room with masonry fireplace. Freshly refinished hardwood floors. An extra office/au pair room with a half-bath on the third floor. Mitsubishi wall-mounted AC in den and master bedroom. Finished basement and wine cellar with a hand-carved door. 4-car parking and 2-car garage. Newer gas heat and five-year old roof. A classic family home!
Unit Size
1,887 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$286
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1935

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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 #72062431)

Price History

Date / Event Date Event Price
Sep 4, 2019 Sold
Premium
Sold
Dec 8, 2016 Sold
Premium
Sold
Sep 6, 2016 Listed by Coldwell Banker Residential Brokerage - Marblehead $539,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • 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: 754
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,097
  • Total Building Area: 1,887
  • Gross Building Area: 2,918
  • Building Area: 1,887
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,887
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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:0005 B:0039 L:0
  • Block: 39
  • Municipality: MARBLEHEAD
  • Latitude: 42.4822
  • Longitude: -70.8851

    Address

  • Full Address: 50 Pilgrim Rd
  • Address - House Number: 50
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C022
  • 4-Digit Zip Code: 1750
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $895,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 891,437
  • High Value: 1,043,595
  • Low Value: 739,280

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $999,300
  • Assessed Land Value: $724,900
  • Assessed Improvements Value: $274,400

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190904005290
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: O
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

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2886 ft²

Average Home Age

92.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72062431

Frequently Asked Questions

When was property at 50 Pilgrim Road built and last sold?
The property at 50 Pilgrim Road was built in 1935 and last sold on Sep 3, 2019 for $635,000.
How much is this home worth?
The estimated value of the home located at 50 Pilgrim Road is $575,644.
What are some comparable homes to 50 Pilgrim Road?
There are currently no comparable homes to 50 Pilgrim Road.
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