$515,000
●
Condo -
Off Market
72 Front St #4
Marblehead, MA 01945
2 Beds
1 Bath
727 Ft²
$628,218
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model
About This Property
Top floor condo facing mid harbor located in most visited area of
Marblehead's historic district. Quick stroll to everything. One
block from bus line.
Unit Size
727 Ft²
Days on Market
-
Land Size
-
Price per sqft
$681
Property Type
Condo
Property Taxes
$365
HOA Dues
$224
Year Built
-
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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: 5 months ago (MLSPIN #72730263)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by The Greene Realty Group | $495,000 | |
| Listed by The Greene Realty Group | |||
| Oct 14, 2003 | Sold | ||
| Sold | |||
| Aug 28, 1997 | Sold | ||
| Sold | |||
| Nov 15, 1996 | Listed by Coldwell Banker Realty - Marblehead | $145,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
|
GREAT OLD TOWN LOCATION - WALK TO EVERYTHING!
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dryer, Range Hood
Flooring Type: Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 727
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1890
Waterfront Features: Waterfront, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Front Street Wharf Condominiums
Building Area Total: 727
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s), Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Roof + Access Rights
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $421,300
Tax Annual Amount: $4,377
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Central, Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Snow Removal
HOA Fee: $224
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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