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Marblehead 01945
77 Overlook Road
$430,000
● House - Off Market

77 Overlook Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$818,607
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Enjoy oceanside living just steps to the harbor on Marblehead's west shore. Association beach and dock for swimming, dinghy tie-up and kayak launching. This home features 3 bedrooms and 2 baths with a spacious living room and eat-in kitchen. Lower level bedroom and bath with separate entrance ideal for in-law or guest accomodations. Terraced, fenced-in yard with patio. Newly painted exterior and newer roof. Open House Sunday, June 29, 1-3. All offers will be reviewed after Open House by 5:00pm on June 30.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$260
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1935

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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 #71703968)

Price History

Date / Event Date Event Price
Sep 5, 2014 Sold
Premium
Sold
Jun 24, 2014 Listed by Harborside Sotheby's International Realty $449,000
Listed by Harborside Sotheby's International Realty
May 15, 2002 Sold
Premium
Sold
Mar 13, 2002 Listed by Harborside Sotheby's International Realty $394,900
Listed by Harborside Sotheby's International Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,925
  • Total Building Area: 1,728
  • Gross Building Area: 2,304
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0140 B:0029 L:0
  • Block: 29
  • Municipality: MARBLEHEAD
  • Latitude: 42.5105
  • Longitude: -70.8687

    Address

  • Full Address: 77 Overlook Rd
  • Address - House Number: 77
  • Address - Street Name: Overlook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1445
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,100

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 784,553
  • High Value: 918,901
  • Low Value: 650,204

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,700
  • Assessed Land Value: $493,400
  • Assessed Improvements Value: $147,300

    Sales

  • Current Sale Recording Date: Sep 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90500092
  • Previous Sale Recording Date: May 15, 2002
  • Previous Sale Amount: $385,000
  • 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

$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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71703968

Frequently Asked Questions

When was property at 77 Overlook Road built and last sold?
The property at 77 Overlook Road was built in 1935 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 77 Overlook Road is $486,894.
What are some comparable homes to 77 Overlook Road?
There are currently no comparable homes to 77 Overlook Road.
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