$329,500
●
Condo -
Off Market
6 Emerald Road #2
Marblehead, MA 01945
3 Beds
1 Bath
1,520 Ft²
$688,124
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model
About This Property
WONDERFUL HOME WITH ENORMOUS WALK-UP ATTIC! FIREPLACED LARGE
LIVING ROOM. PRIVATE FENCED YARD. GARAGE AND PARKING
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$217
Property Type
Condo
Property Taxes
$833
HOA Dues
$100
Year Built
1925
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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 years ago (MLSPIN #30704319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2009 | Sold | ||
| Sold | |||
| Aug 11, 2009 | Listed by MGR Global Realty, Inc. | $359,000 | |
| Listed by MGR Global Realty, Inc. | |||
| | |||
|
Located in a single family neighborhood, this second & third floor condo in this 2 family offers 8 rooms (2,300 sf) of living space, 2 full baths, updated kitchen, 3 bedrooms, fireplace, walk in closet, individual utilities, laundry hookup in the basement, very special private yard, private front and back hallways, 1 car garage plus 2 car parking. No condo fee but master insurance and water/sewer are split 50/50.
| |||
| May 16, 2003 | Sold | ||
| Sold | |||
| Mar 30, 2003 | Listed by RE/MAX Advantage Real Estate | $329,500 | |
| Listed by RE/MAX Advantage Real Estate | |||
| Aug 2, 2002 | Sold | ||
| Sold | |||
Show More
Property Highlights
Fireplace
Interior Details
Level: Second
Level: Second
Features: Flooring - Hardwood
Features: Ceiling Fan(s)
Level: Second
Features: Ceiling Fan(s), Flooring - Hardwood
Level: Second
Features: Bathroom - Full
Level: Second
Features: Flooring - Hardwood
Level: Second
Level: Second
Features: Flooring - Hardwood
Features: No
Full Bathrooms: 1
Interior Features: Sun Room
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range
Flooring Type: Wood, Vinyl
Laundry Features: In Basement, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Emerald Road Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $9,999
Tax Annual Amount: $9,999
Utilities Details
Utilities: for Gas Range, Washer Hookup, Icemaker Connection
Cooling Type: None
Heating Type: Central, Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $100
Community Features: Public Transportation, Shopping, Golf, Medical Facility
Complex is Completed
Management: No Management
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2009
|
3 Bed
|
2 Bath
|
2300 ft²
|
$359,000
3 Bed
2 Bath
2300 ft²
|
$346,000
-3.62%
12/29/2009
|
Sergey Kazakov
MGR Global Realty, Inc.
| |
|
03/30/2003
|
3 Bed
|
1 Bath
|
1520 ft²
|
$329,500
3 Bed
1 Bath
1520 ft²
|
$329,500
05/16/2003
|
Marlene Badolato
RE/MAX Advantage Real Estate
| |
|
05/22/2002
|
3 Bed
|
1 Bath
|
1520 ft²
|
$289,000
3 Bed
1 Bath
1520 ft²
|
$289,000
08/02/2002
|
Nancy Trumm Hughes
Conway - Swampscott
|
Building Info
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