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Middlesex
6 Marblehead Street
$380,000
● House - Off Market

6 Marblehead Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,692 Ft²
$638,289
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Want to get into an amazing town with great school systems?! Look no more! Best home on the market under $400k! Move into this ranch style, single level home. 3 good size bedrooms which can fit a king sized bed. Pull down stairs lead to a large attic. New kitchen with custom white cabinets, granite counter tops, glass subway tiles and stainless steel appliances (2016). Recently renovated mudroom which leads to updated patio and private backyard. Enjoy the beach and hiking trails of Harold Parker State Forest, about a mile away. Nothing to do but move in and nestle up next to the updated cozy wood fireplace! Title V passed and in hand! Set up your private showing now! Offers to be reviewed as they come in. OPEN HOUSE BACK ON 1-230.
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$236
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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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 months ago (MLSPIN #72122896)

Price History

Date / Event Date Event Price
Apr 7, 2017 Sold
Premium
Sold
Feb 24, 2017 Listed by Blue Marble Group, Inc. $399,900
Listed by Blue Marble Group, Inc.
Dec 1, 2015 Sold
Premium
Sold
Sep 16, 2015 Listed by Blue Marble Group, Inc. $314,900
Listed by Blue Marble Group, Inc.
Dec 18, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330101

Zoning

  • Zoning: RR

Geography

  • District: 213
  • Parcel: NREA M:067.0 B:0000 L:0026.0
  • Lot: 26.0
  • Municipality: NORTH READING
  • Latitude: 42.604
  • Longitude: -71.0604

    Address

  • Full Address: 6 Marblehead St
  • Address - House Number: 6
  • Address - Street Name: Marblehead
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C005
  • 4-Digit Zip Code: 1512
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $709,000

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 613,184
  • High Value: 715,880
  • Low Value: 510,488

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,700
  • Assessed Land Value: $358,400
  • Assessed Improvements Value: $178,300

    Sales

  • Current Sale Recording Date: Apr 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51237
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: O
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 Middlesex

Stats & Trends

Median Asking:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 72122896

Frequently Asked Questions

When was property at 6 Marblehead Street built and last sold?
The property at 6 Marblehead Street was built in 1956 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 6 Marblehead Street is $423,113.
What are some comparable homes to 6 Marblehead Street?
There are currently no comparable homes to 6 Marblehead Street.
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