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Marblehead 01945
7 Pickwick Road
$537,000
● House - Off Market

7 Pickwick Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,507 Ft²
$986,187
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Custom Classic Tudor Colonial on desirable tree lined street in Clifton near the new Glover Elementary School. Extra space and detail convey an exceptionally elegant aura - bay windows, oversized rooms and windows, gracious vestibule and foyer with elegant staircase, natural gumwood woodwork, hardwood floors, room to expand living space in attic and basement. After 44 years, this family is leaving many happy memories behind.  The home is being sold "as is", giving the buyers a chance to update to suit buyers' taste. NO OFFERS REVIEWED UNTIL 5PM AFTER SUNDAY 9/7/14 OPEN HOUSE.
Unit Size
2,507 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$215
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1935

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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 #71737702)

Price History

Date / Event Date Event Price
Oct 7, 2014 Sold
Premium
Sold
Sep 3, 2014 Listed by RE/MAX Advantage Real Estate $539,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,418
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,363
  • Total Building Area: 3,256
  • Gross Building Area: 5,733
  • Building Area: 3,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MACDONALD
  • Land Acres: 0000000215
  • 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:0032 B:0023 L:0
  • Block: 23
  • Municipality: MARBLEHEAD
  • Latitude: 42.4884
  • Longitude: -70.8801

    Address

  • Full Address: 7 Pickwick Rd
  • Address - House Number: 7
  • Address - Street Name: Pickwick
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C020
  • 4-Digit Zip Code: 1819
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $887,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,021,123
  • High Value: 1,196,049
  • Low Value: 846,197

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $989,900
  • Assessed Land Value: $599,200
  • Assessed Improvements Value: $390,700

    Sales

  • Current Sale Recording Date: Oct 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100700410
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

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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# 71737702

Frequently Asked Questions

When was property at 7 Pickwick Road built and last sold?
The property at 7 Pickwick Road was built in 1935 and last sold on Jan 1, 1970 for $537,000.
How much is this home worth?
The estimated value of the home located at 7 Pickwick Road is $591,558.
What are some comparable homes to 7 Pickwick Road?
There are currently no comparable homes to 7 Pickwick Road.
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