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Marblehead 01945
51 Kenneth Rd
Photo of 51 Kenneth Rd
Sold on Nov 18, 2009

1

Map

$322,500
● House - Off Market

51 Kenneth Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$717,204
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

This 3 bedroom ranch has a great fireplaced livingroom, hardwood floors and insulated windows.  New Heating System and oil tank with boiler large enough for epanding the 288 sf of the 3-season room into a year round family room.  New interior paint throughout. Many posibilities for updating. Large enclosed side 3 -season porch with electric heat. Garage under with additional parking spaces.  Near Stramski Playground and Beach.  Priced below assessement.  This property need your T.L.C.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$319
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1955

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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 #70984327)

Price History

Date / Event Date Event Price
Nov 18, 2009 Sold
Premium
Sold
Oct 2, 2009 Listed $344,500
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,080
  • Gross Building Area: 2,640
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 203302

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0155 B:0018 L:0
  • Block: 18
  • Municipality: MARBLEHEAD
  • Latitude: 42.5148
  • Longitude: -70.8625

    Address

  • Full Address: 51 Kenneth Rd
  • Address - House Number: 51
  • Address - Street Name: Kenneth
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C025
  • 4-Digit Zip Code: 1541
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 709,156
  • High Value: 812,635
  • Low Value: 605,676

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,500
  • Assessed Land Value: $569,800
  • Assessed Improvements Value: $117,700

    Sales

  • Current Sale Recording Date: Nov 18, 2009
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70984327

Frequently Asked Questions

When was property at 51 Kenneth Road built and last sold?
The property at 51 Kenneth Road was built in 1955 and last sold on Jan 1, 1970 for $322,500.
How much is this home worth?
The estimated value of the home located at 51 Kenneth Road is $362,991.
What are some comparable homes to 51 Kenneth Road?
There are currently no comparable homes to 51 Kenneth Road.
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