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Marblehead 01945
56 Pickwick Rd
$533,500
● House - Off Market

56 Pickwick Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,850 Ft²
$960,974
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Completely renovated, stunning 3-bedroom ranch with open floor plan at the end of quiet cul-de-sac in Glover School location. Brand new granite kitchen with tile, central island and stainless appliances. Large master bedroom with en-suite tiled bath plus two additional bathrooms. New roof, windows, electrical system, gas furnace, and central A/C. Hardwood floors and sunny fireplaced living area plus new finished 400 sq foot basement (included in living area) with bulkhead access and 1-car garage. Third bedroom may be used as an office with separate entrance. Quick walk to Glover School, walking trail, JCC, and beaches. This house has it all! 8/4 Seller has an accepted offer on the property but is still conducting the open house on 8/9 from 1-3 PM and is taking back up offers.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$297
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1952

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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 #71871857)

Price History

Date / Event Date Event Price
Oct 16, 2015 Sold
Premium
Sold
Jul 12, 2015 Listed by New Year Realty $549,900
Listed by New Year Realty
Feb 6, 2015 Sold
Premium
Sold
Jan 5, 2015 Listed by New Year Realty $399,000
Listed by New Year Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 1,269
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,050
  • Total Building Area: 2,080
  • Gross Building Area: 3,002
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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:0052 L:0
  • Block: 52
  • Municipality: MARBLEHEAD
  • Latitude: 42.4853
  • Longitude: -70.8758

    Address

  • Full Address: 56 Pickwick Rd
  • Address - House Number: 56
  • Address - Street Name: Pickwick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C020
  • 4-Digit Zip Code: 1859
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,400

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 871,011
  • High Value: 1,006,189
  • Low Value: 735,833

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,000
  • Assessed Land Value: $594,200
  • Assessed Improvements Value: $170,800

    Sales

  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 270
  • Previous Sale Recording Date: Feb 06, 2015
  • Previous Sale Amount: $362,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$992,000

Sale Price/ft²

$549

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2921 ft²

Average Home Age

94.6 years

Currently For Sale

39 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: 4 months ago
Data Source: MLS PIN, MLS# 71871857

Frequently Asked Questions

When was property at 56 Pickwick Road built and last sold?
The property at 56 Pickwick Road was built in 1952 and last sold on Jan 1, 1970 for $533,500.
How much is this home worth?
The estimated value of the home located at 56 Pickwick Road is $584,750.
What are some comparable homes to 56 Pickwick Road?
There are currently no comparable homes to 56 Pickwick Road.
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