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Marblehead 01945
75 Rockaway Ave
$580,000
● House - Off Market

75 Rockaway Ave

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,022 Ft²
$884,298
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful opportunity to purchase a reasonably-priced home in the desirable Clifton location of Marblehead. Steps from Preston Beach, this center-entrance colonial home was built in 1940 and features a large eat-in kitchen with cathedral ceilings and views of the cozy family room. The formal dining room offers plenty of room for family gatherings and includes a large bay window. Enjoy coffee each morning in the well-landscaped private backyard and store all of your gardening tools in the attached storage shed. Wood floors throughout the first floor.  2,022 sq. ft.  3 Bedroom, 2.5 Bathrooms, 2 Car Parking. Open House Saturday 11:00-12:30 and Sunday from 12:30-2:00.
Unit Size
2,022 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$281
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #72195228)

Price History

Date / Event Date Event Price
Aug 30, 2017 Sold
Premium
Sold
Jul 30, 2017 Listed $569,000
Listed
Wonderful opportunity to purchase a reasonably-priced home in the desirable Clifton location of Marblehead. Steps from Preston Beach, this center-entrance colonial home was built in 1940 and features a large eat-in kitchen with cathedral ceilings and views of the cozy family room. The formal dining room offers plenty of room for family gatherings and includes a large bay window. Enjoy coffee each morning in the well-landscaped private backyard and store all of your gardening tools in the attached storage shed. Wood floors throughout the first floor. 2,022 sq. ft. 3 Bedroom, 2.5 Bathrooms, 2 Car Parking. Open House Saturday 11:00-12:30 and Sunday from 12:30-2:00.The manager has listed the unit size as 2022 square feet.
Jul 10, 2017 Listed by RE/MAX Advantage Real Estate $569,000
Listed by RE/MAX Advantage Real Estate
Dec 21, 2001 Sold
Premium
Sold
Nov 13, 2001 Listed by RE/MAX Advantage Real Estate $379,000
Listed by RE/MAX Advantage Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,660
  • Total Building Area: 2,022
  • Gross Building Area: 3,990
  • Building Area: 2,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,022
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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:0010 B:0042 L:0
  • Block: 42
  • Municipality: MARBLEHEAD
  • Latitude: 42.4825
  • Longitude: -70.88

    Address

  • Full Address: 75 Rockaway Ave
  • Address - House Number: 75
  • Address - Street Name: Rockaway
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C023
  • 4-Digit Zip Code: 1740
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $713,200

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 867,121
  • High Value: 1,015,128
  • Low Value: 719,115

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $796,000
  • Assessed Land Value: $539,600
  • Assessed Improvements Value: $256,400

    Sales

  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 373
  • Previous Sale Recording Date: Dec 21, 2001
  • Previous Sale Amount: $370,000
  • 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:

$995,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2886 ft²

Average Home Age

92.8 years

Currently For Sale

42 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# 72195228

Frequently Asked Questions

When was property at 75 Rockaway Avenue built and last sold?
The property at 75 Rockaway Avenue was built in 1940 and last sold on Jan 1, 1970 for $580,000.
How much is this home worth?
The estimated value of the home located at 75 Rockaway Avenue is $601,871.
What are some comparable homes to 75 Rockaway Avenue?
There are currently no comparable homes to 75 Rockaway Avenue.
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