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Marblehead 01945
56 Beach Street
Photo of 56 Beach Street
Sold on Sep 29, 2006

1

Map

$690,000
● House - Off Market

56 Beach Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,455 Ft²
$1,319,079
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

Just steps away from Devereux and Goldthwait Beaches.  This expanded 1925 Goldthwait colonial offers seasonal ocean views, cathedral ceilings, a large fireplaced family room and a classic period front porch. The spacious updated eat-in kitchen offers all new appliances and granite counters. The floors have been refinished and the walls have been painted and the house is "move-in" condition. Not only beaches but a short distance to Seaside Park, Abbot Library, public transportation and downtow
Unit Size
2,455 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$295
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1925

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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 #70360877)

Price History

Date / Event Date Event Price
Aug 31, 2010 Sold
Premium
Sold
Apr 20, 2010 Listed $599,900
Listed
Oct 3, 2006 Sold
Premium
Sold
Apr 3, 2006 Listed $724,000
Listed

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 3,156
  • Gross Building Area: 4,638
  • Building Area: 3,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,156
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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:0092 B:0019 L:0
  • Block: 19
  • Municipality: MARBLEHEAD
  • Latitude: 42.4928
  • Longitude: -70.8597

    Address

  • Full Address: 56 Beach St
  • Address - House Number: 56
  • Address - Street Name: Beach
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C044
  • 4-Digit Zip Code: 2934
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,073,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,106,427
  • High Value: 1,275,867
  • Low Value: 936,986

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,197,900
  • Assessed Land Value: $853,300
  • Assessed Improvements Value: $344,600

    Sales

  • Current Sale Recording Date: Aug 31, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 03, 2006
  • Previous Sale Amount: $690,000
  • 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

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 70360877

Frequently Asked Questions

When was property at 56 Beach Street built and last sold?
The property at 56 Beach Street was built in 1925 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 56 Beach Street is $657,471.
What are some comparable homes to 56 Beach Street?
There are currently no comparable homes to 56 Beach Street.
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