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Marblehead 01945
7 Tedesco St
$555,000
● House - Off Market

7 Tedesco St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,826 Ft²
$772,194
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Welcome to this stately home that is close to all that Marblehead has to offer and steps to the Glover School. Upon entry through the original Tudor door you are met with stunning wood work and gleaming hardwood floors. The front to back living room boasts a lovely fireplace and just beyond the living room is a large family room. The large dining room has a charming built in and is just off the eat in kitchen that has been updated with new appliances. Upstairs offers 3 large bedrooms including a front to back master with two closets. Rounding out the home is 1.5 baths and an expansive basement ready to get finished. Outside is a large fully fenced in back yard and two car garage with a long driveway for ample parking. Move in just in time to enjoy the sand and sun this summer.
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$293
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1945

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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: 5 months ago (MLSPIN #72460422)

Price History

Date / Event Date Event Price
Apr 8, 2019 Sold
Premium
Sold
Mar 5, 2019 Listed by William Raveis R.E. & Home Services $535,000
Listed by William Raveis R.E. & Home Services
Apr 25, 2017 Sold
Premium
Sold
Jan 12, 2017 Listed by William Raveis R.E. & Home Services $529,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 994
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,009
  • Total Building Area: 1,826
  • Gross Building Area: 2,869
  • Building Area: 1,826
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,826
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0033 B:0084 L:0
  • Block: 84
  • Municipality: MARBLEHEAD
  • Latitude: 42.4894
  • Longitude: -70.8808

    Address

  • Full Address: 7 Tedesco St
  • Address - House Number: 7
  • Address - Street Name: Tedesco
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C021
  • 4-Digit Zip Code: 1019
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,100

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 787,487
  • High Value: 921,901
  • Low Value: 653,073

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $669,700
  • Assessed Land Value: $426,700
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190408002090
  • Previous Sale Recording Date: Apr 25, 2017
  • Previous Sale Amount: $490,000
  • 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 Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$538

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2977 ft²

Average Home Age

88.5 years

Currently For Sale

37 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72460422

Frequently Asked Questions

When was property at 7 Tedesco Street built and last sold?
The property at 7 Tedesco Street was built in 1945 and last sold on Mar 28, 2019 for $555,000.
How much is this home worth?
The estimated value of the home located at 7 Tedesco Street is $567,002.
What are some comparable homes to 7 Tedesco Street?
There are currently no comparable homes to 7 Tedesco Street.
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