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Marblehead 01945
73 Elm Street
$358,000
● House - Off Market

73 Elm Street

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$598,084
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Enjoy this special row house in the center of downtown Marblehead.  This bright and sunny home offers a living room with a fireplace, open to a dining area and kitchen.  There is an additional area off the kitchen perfect for prep and additional storage and a half bathroom.  The two spacious bedrooms and full bathroom are located on the second level.  The finished room in the basement is perfect for a family room, home office or guest area.  Other features of this home are hardwood floors throughout, newer windows, a french drain in the basement along with additional storage space (13x13), with plantings in the front and a garden area and patio in the back and one car deeded parking.  Walk everywhere  intern from your front door of this wonderful home.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$285
Property Type
House
Property Taxes
$277
HOA Dues
$38
Year Built
1966

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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 #72030766)

Price History

Date / Event Date Event Price
Aug 9, 2016 Sold
Premium
Sold
Jun 29, 2016 Listed by J. Barrett & Company $359,000
Listed by J. Barrett & Company
Dec 2, 1996 Sold
Premium
Sold
Jun 24, 1996 Listed $184,000
Listed
WONDERFUL TOWNHOUSE ON THE EDGE OF OLD TOWN. GREAT CONDITION, SMALL YARD TO GARDEN IN
Sep 6, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,362
  • Total Building Area: 1,260
  • Gross Building Area: 1,512
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000031
  • 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: 203302

Zoning

  • Zoning: HIST

Geography

  • District: 168
  • Parcel: MARB M:0150 B:0046 L:0
  • Block: 46
  • Municipality: MARBLEHEAD
  • Latitude: 42.5064
  • Longitude: -70.8516

    Address

  • Full Address: 73 Elm St
  • Address - House Number: 73
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C026
  • 4-Digit Zip Code: 3658
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $466,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 657,361
  • High Value: 776,975
  • Low Value: 537,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,200
  • Assessed Land Value: $398,400
  • Assessed Improvements Value: $121,800

    Sales

  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 574183
  • Previous Sale Recording Date: Sep 06, 1988
  • Previous Sale Amount: $185,500
  • 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

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72030766

Frequently Asked Questions

When was property at 73 Elm Street built and last sold?
The property at 73 Elm Street was built in 1966 and last sold on Jan 1, 1970 for $358,000.
How much is this home worth?
The estimated value of the home located at 73 Elm Street is $381,073.
What are some comparable homes to 73 Elm Street?
There are currently no comparable homes to 73 Elm Street.
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