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Marblehead 01945
8 Bayview Road
Photo of 8 Bayview Road
Sold on Aug 3, 2010

1

Map

$930,000
● House - Off Market

8 Bayview Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,289 Ft²
$2,044,600
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Direct harborfront home - harborfront deck and boat shed, ideal for boaters - expertly redone and rebuit throughout - this 2300 sq ft home sparkles on all 3 living levels and each level offers a deck with panoramic vistas, breathtaking sunsets.  Everything inside is new and beautifully appointed from the custom kitchen, 3 deluxe bathrooms, family room with fireplace, laundry room and updated systems. The grounds are manicured and include lovely fencing, paver walkways, garden shed.
Unit Size
2,289 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$436
Property Type
House
Property Taxes
$658
HOA Dues
-
Year Built
1925

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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: 2 years ago (MLSPIN #71055872)

Price History

Date / Event Date Event Price
Aug 3, 2010 Sold
Premium
Sold
Mar 30, 2010 Listed $998,000
Listed
Dec 20, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 984
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,900
  • Total Building Area: 2,289
  • Gross Building Area: 3,406
  • Building Area: 2,289
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,289
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEW PARK
  • Land Acres: 0000000112
  • 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:0122 B:0044 L:0
  • Block: 44
  • Municipality: MARBLEHEAD
  • Latitude: 42.5084
  • Longitude: -70.8716

    Address

  • Full Address: 8 Bayview Rd
  • Address - House Number: 8
  • Address - Street Name: Bayview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C010
  • 4-Digit Zip Code: 1302
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,607,600

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,691,383
  • High Value: 1,950,405
  • Low Value: 1,432,361

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,794,200
  • Assessed Land Value: $1,261,200
  • Assessed Improvements Value: $533,000

    Sales

  • Current Sale Recording Date: Aug 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 20, 2000
  • Previous Sale Amount: $252,500
  • 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:

$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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71055872

Frequently Asked Questions

When was property at 8 Bayview Road built and last sold?
The property at 8 Bayview Road was built in 1925 and last sold on Jan 1, 1970 for $930,000.
How much is this home worth?
The estimated value of the home located at 8 Bayview Road is $1,023,407.
What are some comparable homes to 8 Bayview Road?
There are currently no comparable homes to 8 Bayview Road.
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