$330,000
●
Condo -
Off Market
72 Front St #2
Marblehead, MA 01945
1 Bed
2 Baths
1,434 Ft²
$665,758
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model
About This Property
Spacious Old Town condo with harbor views and parking located
across from the harbor and public landing. Excellent
opportunity for new owner to renovate over 1,400 square feet of
living space. This condo would make a great primary residence
or vacation home. Unit is located on the second floor and
includes a large private storage room at the rear of the building.
Unit Size
1,434 Ft²
Days on Market
-
Land Size
-
Price per sqft
$244
Property Type
Condo
Property Taxes
$461
HOA Dues
$441
Year Built
-
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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: 5 years ago (MLSPIN #71475684)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2013 | Sold | ||
| Sold | |||
| Jan 24, 2013 | Listed by Compass | $349,900 | |
| Listed by Compass | |||
Property Highlights
Parking Available
Interior Details
Level: Second
Features: Flooring - Stone/Ceramic Tile
Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Flooring - Wall to Wall Carpet
Level: Second
Features: Flooring - Stone/Ceramic Tile
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Utility Connections for Electric Dryer
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Front Street Wharf Condominium Assoc
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: B1
Parcel Number: M:0148 B:0017 L:2, 2025975
Water Source: Public
Financial Details
Tax Assessed Value: $510,100
Tax Annual Amount: $5,535
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $441
Community Features: Public Transportation, Shopping, Bike Path, House of Worship, Private School, Public School
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 |
|---|---|---|---|---|---|---|---|
|
09/22/2020
|
2 Bed
|
1 Bath
|
727 ft²
|
$495,000
2 Bed
1 Bath
727 ft²
|
$515,000
+4.04%
12/04/2020
|
Derek Greene
The Greene Realty Group
| |
|
01/24/2013
|
1 Bed
|
2 Bath
|
1434 ft²
|
$349,900
1 Bed
2 Bath
1434 ft²
|
$330,000
-5.69%
07/26/2013
|
Christine Cowden
Compass
| |
|
02/27/1998
|
Studio
|
1 Bath
|
1243 ft²
|
$225,000
Studio
1 Bath
1243 ft²
|
$204,000
-9.33%
05/15/1998
|
Paul Stevens
Paul Stevens REALTORS®
| |
|
12/27/1996
|
1 Bed
|
1 Bath
|
600 ft²
|
$149,900
1 Bed
1 Bath
600 ft²
|
$132,000
-11.94%
03/24/1997
|
Jody Lalonde
Dewolfe-Swampscott
| |
|
11/15/1996
|
2 Bed
|
1 Bath
|
727 ft²
|
$145,000
2 Bed
1 Bath
727 ft²
|
$132,750
-8.45%
08/28/1997
|
Jonathan Magee
Sagan Harborside Sotheby's International Realty
| |
|
08/31/1994
|
1 Bed
|
1 Bath
|
1727 ft²
|
$159,000
1 Bed
1 Bath
1727 ft²
|
$145,000
-8.81%
09/14/1995
|
Erika Weisshuhn
Coldwell Banker Realty - Marblehead
|
Building Info
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