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Marblehead 01945
7 Oak Street
Photo of 7 Oak Street
Sold on Jun 7, 2011

1

Map

$540,000
● House - Off Market

7 Oak Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,971 Ft²
$1,128,490
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

Charming newly painted three bedroom, two full bath farm house with a large landscaped yard on quiet tree-lined street. This home offers an updated eat-in kitchen with Granite and stainless steel appliances, a large first-floor family room, fireplaced living room, separate dining room, period built-ins, crown molding, cathedrial ceilings, skylights, paved driveway, two car garage, mudroom, office, large front porch, second story sun deck, and private fenced backyard with perennial gardens.
Unit Size
1,971 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$279
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1910

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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 #71207281)

Price History

Date / Event Date Event Price
Jun 6, 2011 Sold
Premium
Sold
Mar 29, 2011 Listed by William Raveis R.E. & Home Services $549,000
Listed by William Raveis R.E. & Home Services
Aug 30, 2000 Sold
Premium
Sold
Jun 20, 2000 Listed by William Raveis R.E. & Home Services $349,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,075
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,215
  • Total Building Area: 1,603
  • Gross Building Area: 3,002
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONIFER HILL EXEC CON
  • Land Acres: 0000000212
  • 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:0060 B:0003 L:0
  • Block: 3
  • Municipality: MARBLEHEAD
  • Latitude: 42.4928
  • Longitude: -70.8759

    Address

  • Full Address: 7 Oak St
  • Address - House Number: 7
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C013
  • 4-Digit Zip Code: 1917
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,500

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 902,467
  • High Value: 1,054,281
  • Low Value: 750,653

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $909,000
  • Assessed Land Value: $583,900
  • Assessed Improvements Value: $325,100

    Sales

  • Current Sale Recording Date: Jun 06, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 30, 2000
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: 27
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:

$995,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 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# 71207281

Frequently Asked Questions

When was property at 7 Oak Street built and last sold?
The property at 7 Oak Street was built in 1910 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 7 Oak Street is $585,506.
What are some comparable homes to 7 Oak Street?
There are currently no comparable homes to 7 Oak Street.
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