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Marblehead 01945
54 Lafayette Street
$355,000
● House - Off Market

54 Lafayette Street

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,650 Ft²
$822,513
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Appealing 7 Room/2Bedroom Cape on 1/4 acre lot with many updates including: new kitchen, new bath and a half, roof, thermal windows and doors, customized closets and more.  Special features include: oversized windows with sunny exposure, classic living room fireplace, hardwood floors, first floor family room off kitchen, custom window shutters, lots of parking and garage.  Well landscaped, fenced yard with manageable size in ground pool and sitting area.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$230
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1938

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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 #71285846)

Price History

Date / Event Date Event Price
Dec 16, 2011 Sold
Premium
Sold
Sep 11, 2011 Listed by RE/MAX Advantage Real Estate $379,900
Listed by RE/MAX Advantage Real Estate
Aug 1, 2002 Sold
Premium
Sold
May 28, 2002 Listed by RE/MAX Advantage Real Estate $349,900
Listed by RE/MAX Advantage Real Estate
May 15, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,747
  • Total Building Area: 1,331
  • Gross Building Area: 2,178
  • Building Area: 1,331
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIRCHWOOD POINT CONDO
  • Land Acres: 0000000224
  • 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:0052 B:0057 L:0
  • Block: 57
  • Municipality: MARBLEHEAD
  • Latitude: 42.4931
  • Longitude: -70.8765

    Address

  • Full Address: 54 Lafayette St
  • Address - House Number: 54
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C013
  • 4-Digit Zip Code: 1949
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $542,400

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 745,301
  • High Value: 871,213
  • Low Value: 619,390

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,400
  • Assessed Land Value: $473,800
  • Assessed Improvements Value: $131,600

    Sales

  • Current Sale Recording Date: Dec 16, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 01, 2002
  • Previous Sale Amount: $339,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71285846

Frequently Asked Questions

When was property at 54 Lafayette Street built and last sold?
The property at 54 Lafayette Street was built in 1938 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 54 Lafayette Street is $408,248.
What are some comparable homes to 54 Lafayette Street?
There are currently no comparable homes to 54 Lafayette Street.
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