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Marblehead 01945
79 Tedesco
$835,000
● House - Off Market

79 Tedesco

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,424 Ft²
$1,151,829
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

All new! This 4 bed, two and half bath home features gleaming hardwood floors and a beautiful kitchen with all new appliances and an eat in island. With the open concept floor plan, this home perfect for entertaining. There are two living rooms each with it's own fireplace! The new two car attached garage conveniently meets a mudroom. On the second level are four bedrooms, a full bathroom, a separate laundry station and a master suite featuring heated bathroom floors. There is a walk up attic for additional storage and a finished basement completes the home. Nothing to do but move right in!
Unit Size
2,424 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$342
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #72605452)

Price History

Date / Event Date Event Price
Mar 10, 2020 Sold
Premium
Sold
Jan 7, 2020 Listed by Sagan Harborside Sotheby's International Realty $829,000
Listed by Sagan Harborside Sotheby's International Realty
Aug 28, 2019 Sold
Premium
Sold
Jun 5, 2019 Listed by Sagan Harborside Sotheby's International Realty $500,000
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 736
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,293
  • Total Building Area: 2,384
  • Gross Building Area: 4,352
  • Building Area: 2,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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:0020 B:0039 L:0
  • Block: 39
  • Municipality: MARBLEHEAD
  • Latitude: 42.4873
  • Longitude: -70.887

    Address

  • Full Address: 79 Tedesco St
  • Address - House Number: 79
  • Address - Street Name: Tedesco
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C021
  • 4-Digit Zip Code: 1040
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $910,400

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,133,484
  • High Value: 1,310,269
  • Low Value: 956,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,016,100
  • Assessed Land Value: $455,500
  • Assessed Improvements Value: $560,600

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200310002230
  • Previous Sale Recording Date: Aug 28, 2019
  • Previous Sale Contract Date: Aug 20, 2019
  • Previous Sale Amount: $503,000
  • Previous Sale Document Type: O
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

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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# 72605452

Frequently Asked Questions

When was property at 79 Tedesco Street built and last sold?
The property at 79 Tedesco Street was built in 1940 and last sold on Jan 23, 2020 for $835,000.
How much is this home worth?
The estimated value of the home located at 79 Tedesco Street is $865,127.
What are some comparable homes to 79 Tedesco Street?
There are currently no comparable homes to 79 Tedesco Street.
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