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Marblehead 01945
53 Glendale Road
$449,000
● House - Off Market

53 Glendale Road

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,429 Ft²
$700,697
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Charm abounds in this adorable move in ready, single level living home in the heart of the Glover School district. A short walk to schools, the Marblehead Rail Trail, and a quick drive to downtown Marblehead and the beaches makes this quiet side street the perfect location. Gleaming hard wood floors greet you when you enter, and the home boasts a fire place, open concept living and dining, stainless steal appliances, two large bedrooms and bonus room currently being used as a third bedroom. The large partially finished, walk out, lower level makes for a fantastic family room, office or playroom. Outside is an oasis, with a massive deck built around a large Maple tree, which is surrounded by a fenced in yard. This property is the perfect starter home or house for the down sizer looking for one level living.
Unit Size
1,429 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$307
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1959

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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 #72127653)

Price History

Date / Event Date Event Price
Apr 20, 2023 Sold
Premium
Sold
Apr 24, 2017 Sold
Premium
Sold
Mar 7, 2017 Listed by William Raveis R.E. & Home Services $439,000
Listed by William Raveis R.E. & Home Services
Aug 27, 2015 Sold
Premium
Sold
Jul 28, 2015 Listed by William Raveis R.E. & Home Services $409,900
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 957
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 1,429
  • Gross Building Area: 2,537
  • Building Area: 1,429
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUSSELL S GARDENS
  • Land Acres: 0000000131
  • 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:0021 L:0
  • Block: 21
  • Municipality: MARBLEHEAD
  • Latitude: 42.4866
  • Longitude: -70.8766

    Address

  • Full Address: 53 Glendale Rd
  • Address - House Number: 53
  • Address - Street Name: Glendale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C018
  • 4-Digit Zip Code: 1829
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $586,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 697,608
  • High Value: 821,684
  • Low Value: 573,532

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $654,700
  • Assessed Land Value: $540,300
  • Assessed Improvements Value: $114,400

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230420000560
  • Previous Sale Recording Date: Apr 24, 2017
  • Previous Sale Amount: $449,000
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72127653

Frequently Asked Questions

When was property at 53 Glendale Road built and last sold?
The property at 53 Glendale Road was built in 1959 and last sold on Apr 20, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 53 Glendale Road is $461,549.
What are some comparable homes to 53 Glendale Road?
There are currently no comparable homes to 53 Glendale Road.
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