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Marblehead 01945
54 Shorewood Road
Photo of 54 Shorewood Road
Sold on Oct 28, 2005

1

Map

$950,000
● House - Off Market

54 Shorewood Road

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,200 Ft²
$1,753,257
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model

About This Property

Architecturally designed family home situated on an oversized corner lot. State of the art eat-in kitchen with marble countertops opens to the family room, 2 car attached garage, 2nd family room, gym, home office space and a flexible floor plan.
Unit Size
5,200 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$191
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
2001

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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: 6 months ago (MLSPIN #70193093)

Price History

Date / Event Date Event Price
Oct 28, 2005 Sold
Premium
Sold
May 17, 2005 Listed $995,000
Listed
Feb 15, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,670
  • Total Building Area: 4,024
  • Gross Building Area: 6,954
  • Building Area: 4,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD CLIFFS SEC B
  • Land Acres: 0000000314
  • 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: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0078 B:0014 L:0
  • Block: 14
  • Municipality: MARBLEHEAD
  • Latitude: 42.5001
  • Longitude: -70.874

    Address

  • Full Address: 54 Shorewood Rd
  • Address - House Number: 54
  • Address - Street Name: Shorewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1243
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,306,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,492,987
  • High Value: 1,728,810
  • Low Value: 1,257,163

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,458,400
  • Assessed Land Value: $726,700
  • Assessed Improvements Value: $731,700

    Sales

  • Current Sale Recording Date: Oct 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 15, 2001
  • Previous Sale Amount: $350,000
  • 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:

$999,950

Sale Price/ft²

$533

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2606 ft²

Average Home Age

93 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70193093

Frequently Asked Questions

When was property at 54 Shorewood Road built and last sold?
The property at 54 Shorewood Road was built in 2001 and last sold on Jan 1, 1970 for $950,000.
How much is this home worth?
The estimated value of the home located at 54 Shorewood Road is $1,001,314.
What are some comparable homes to 54 Shorewood Road?
There are currently no comparable homes to 54 Shorewood Road.
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