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Marblehead 01945
71 Lafayette Street
$526,000
● House - Off Market

71 Lafayette Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,784 Ft²
$1,043,881
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

JUST MOVE IN AND ENJOY!  Lovely well maintained Cape, 3 bedrooms, 2 full baths, many new renovations, freshly painted inside and out, new water heater, roof, windows ,garage door and front yard fence.Generous size living room with fireplace, Master bedroom on first floor with sliders that open out to new patio..Open kitchen and dining area with new bay window, Lower level finished playroom, Heated Sunroom with skylight..Large private yard with inground pool for lounging on summer days!   1 car garage, parking for 4 cars
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$308
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1950

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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 #71562421)

Price History

Date / Event Date Event Price
Nov 8, 2013 Sold
Premium
Sold
Jul 30, 2013 Listed by Coldwell Banker Residential Brokerage - Marblehead $549,900
Listed by Coldwell Banker Residential Brokerage - Marblehead
Sep 29, 2006 Sold
Premium
Sold
Jun 13, 2006 Listed by Coldwell Banker Residential Brokerage - Marblehead $569,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Dec 6, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,510
  • Total Building Area: 1,784
  • Gross Building Area: 3,060
  • Building Area: 1,784
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAPEL PINES
  • Land Acres: 0000000264
  • 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:0059 B:0009 L:0
  • Block: 9
  • Municipality: MARBLEHEAD
  • Latitude: 42.4933
  • Longitude: -70.8784

    Address

  • Full Address: 71 Lafayette St
  • Address - House Number: 71
  • Address - Street Name: Lafayette
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C027
  • 4-Digit Zip Code: 1236
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 917,425
  • High Value: 1,074,587
  • Low Value: 760,263

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $725,100
  • Assessed Land Value: $496,000
  • Assessed Improvements Value: $229,100

    Sales

  • Current Sale Recording Date: Nov 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 29, 2006
  • Previous Sale Amount: $558,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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: 4 months ago
Data Source: MLS PIN, MLS# 71562421

Frequently Asked Questions

When was property at 71 Lafayette Street built and last sold?
The property at 71 Lafayette Street was built in 1950 and last sold on Jan 1, 1970 for $526,000.
How much is this home worth?
The estimated value of the home located at 71 Lafayette Street is $573,418.
What are some comparable homes to 71 Lafayette Street?
There are currently no comparable homes to 71 Lafayette Street.
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