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Marblehead 01945
6 Turner Rd
$490,000
● House - Off Market

6 Turner Rd

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,564 Ft²
$643,317
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Rare opportunity. This is the first time this home has been publicly available in over 40 years.  Make finishing touches to this contemporary housed in an antique barn dating to the 19th century. This attached single family home features abundance of architectural charm, with exposed beams, high ceilings, and open concept on three levels. The this 2 bedroom 2.5 bath home, is nestled away street which offers privacy on the large patio and deck on this wooded lot. Options to extend the living area in the heated lower level. Property sold as is where is. Offers if any will be due on Monday August 10 at 5pm.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$319
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1880

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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 #72703179)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Aug 3, 2020 Listed by J. Barrett & Company $499,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,932
  • Total Building Area: 1,564
  • Gross Building Area: 2,638
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0137 B:0040 L:0
  • Block: 40
  • Municipality: MARBLEHEAD
  • Latitude: 42.5078
  • Longitude: -70.8591

    Address

  • Full Address: 6 Turner Rd
  • Address - House Number: 6
  • Address - Street Name: Turner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C029
  • 4-Digit Zip Code: 2442
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $640,400

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 670,658
  • High Value: 808,080
  • Low Value: 533,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,700
  • Assessed Land Value: $508,500
  • Assessed Improvements Value: $206,200

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20201023004760
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:

$950,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2930 ft²

Average Home Age

93.8 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# 72703179

Frequently Asked Questions

When was property at 6 Turner Road built and last sold?
The property at 6 Turner Road was built in 1880 and last sold on Oct 19, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 6 Turner Road is $522,530.
What are some comparable homes to 6 Turner Road?
There are currently no comparable homes to 6 Turner Road.
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