$185,000
●
Condo -
Off Market
60 Front Street #360FRONT
Marblehead, MA 01945
2 Beds
2 Baths
1,295 Ft²
$870,109
RealtyHop Estimate
316.32%
Since Jun 1, 1997
MA-Boston
Primary Model
About This Property
WONDERFUL OLD TOWN LOCATION, HARBOR VIEWS (PARTIAL) 2 BEDROOM, 2
BATH, 2 DEEDED PARKING SPACES PRIVATE DECK, FIREPLACE, WOODSTOVE,
BRIGHT & AIRY
Unit Size
1,295 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$161
Property Type
Condo
Property Taxes
$185
HOA Dues
$200
Year Built
-
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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 years ago (MLSPIN #30141980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 1997 | Sold | ||
| Sold | |||
| Jan 9, 1997 | Listed | $209,000 | |
| Listed | |||
Property Highlights
Fireplace
Interior Details
Level: Third
Features: Flooring - Stone/Ceramic Tile
Level: Third
Features: Bathroom - Full
Level: Second
Features: Flooring - Hardwood
Features: Skylight, Flooring - Hardwood
Level: Third
Features: Bathroom - Full
Level: Second
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Level: Third
Features: Wood / Coal / Pellet Stove, Skylight, Flooring - Hardwood
Features: No
Full Bathrooms: 2
Interior Features: Den
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Indoor Grill, Countertop Range, Refrigerator, Washer, Dryer, Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Carpet, Flooring - Hardwood
Laundry Features: Second Floor
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Tandem, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Certified Historic
PropertySubType: Condominium
Building Name: 60 Front Street
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: HISTORIC
Parcel Number: 4401659
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $187,400
Tax Annual Amount: $2,221
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: None
Heating Type: Oil, Fireplace(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash
HOA Fee: $200
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
03/18/2024
|
2 Bed
|
2 Bath
|
1480 ft²
|
$899,000
2 Bed
2 Bath
1480 ft²
|
-
-
|
Willis + Tierney
Compass
| |
|
06/05/2023
|
2 Bed
|
1 Bath
|
972 ft²
|
$775,000
2 Bed
1 Bath
972 ft²
|
$775,000
06/29/2023
|
Ruocco Group
Compass
| |
|
10/04/2022
|
2 Bed
|
1 Bath
|
-
|
$785,000
2 Bed
1 Bath
|
-
-
|
Aranson Maguire Group
Compass
| |
|
08/03/2021
|
2 Bed
|
2 Bath
|
1480 ft²
|
$649,000
2 Bed
2 Bath
1480 ft²
|
$640,000
-1.39%
10/07/2021
|
Christine Tierney
Compass
| |
|
05/04/2021
|
2 Bed
|
1 Bath
|
972 ft²
|
$499,000
2 Bed
1 Bath
972 ft²
|
$577,105
+15.65%
06/15/2021
|
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
| |
|
09/03/1998
|
2 Bed
|
2 Bath
|
870 ft²
|
$199,000
2 Bed
2 Bath
870 ft²
|
$187,000
-6.03%
11/23/1998
|
Mary Lane Cairns
Coldwell Banker Realty - Marblehead
| |
|
01/09/1997
|
2 Bed
|
2 Bath
|
1295 ft²
|
$209,000
2 Bed
2 Bath
1295 ft²
|
$185,000
-11.48%
05/16/1997
|
Lisa Caponigro
Coldwell Banker Residential Brokerage - Danvers
|
Building Info
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