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Marblehead 01945
51 Pickwick Rd
$650,000
● House - Off Market

51 Pickwick Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,410 Ft²
$684,852
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

A great opportunity to live in The town of your dreams! This beautiful three Bedroom home as everything you need. With a great open layout, beautiful and large three season room and garage, This house has all the features to make this your next perfect home! The house is in excellent shape and the roof was redone in July 2022. Just steps away from the water, You can enjoy the summer right!  OPEN HOUSE Sunday, July 31, 2022  12:00 PM to 2:00 PM
Unit Size
1,410 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$460
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1940

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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: 5 months ago (MLSPIN #73017506)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Jul 26, 2022 Listed by News Realty LLC $649,000
Listed by News Realty LLC
Jul 29, 1994 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,384
  • Total Building Area: 1,620
  • Gross Building Area: 2,926
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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:0030 B:0049 L:0
  • Block: 49
  • Municipality: MARBLEHEAD
  • Latitude: 42.4859
  • Longitude: -70.876

    Address

  • Full Address: 51 Pickwick Rd
  • Address - House Number: 51
  • Address - Street Name: Pickwick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C020
  • 4-Digit Zip Code: 1839
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 691,231
  • High Value: 809,599
  • Low Value: 572,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $672,900
  • Assessed Land Value: $551,300
  • Assessed Improvements Value: $121,600

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 322
  • Previous Sale Recording Date: Jul 29, 1994
  • Previous Sale Amount: $185,000
  • 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

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 years

Currently For Sale

37 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73017506

Frequently Asked Questions

When was property at 51 Pickwick Road built and last sold?
The property at 51 Pickwick Road was built in 1940 and last sold on Sep 15, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 51 Pickwick Road is $664,802.
What are some comparable homes to 51 Pickwick Road?
There are currently no comparable homes to 51 Pickwick Road.
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