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Marblehead 01945
8 Beacon Street
Photo of 8 Beacon Street
Sold on May 11, 2006

1

Map

$900,000
● House - Off Market

8 Beacon Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,015 Ft²
$1,772,612
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

Harbor Views from this Old Town Gem! No detail has been overlooked in this well located, beautifully renovated 3 bedroom 2.5 bath home. Fabulous top of the line, custom granite kitchen. Spacious master bedroom w/ luxurious master bath. Wonderful combination of charm,light,air & space. Gleaming wide pine floors and exposed beams compliment this open floor plan. Large yard,classic front porch & bluestone patio create an outstanding exterior experience w/ views of Little Harbor and Gerry Island.
Unit Size
2,015 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$489
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1910

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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 #70338428)

Price History

Date / Event Date Event Price
May 12, 2006 Sold
Premium
Sold
Feb 28, 2006 Listed $985,000
Listed
Aug 24, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 351
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,380
  • Total Building Area: 2,271
  • Gross Building Area: 2,924
  • Building Area: 2,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,271
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000000192
  • 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:0170 B:0029 L:0
  • Block: 29
  • Municipality: MARBLEHEAD
  • Latitude: 42.5116
  • Longitude: -70.8458

    Address

  • Full Address: 8 Beacon St
  • Address - House Number: 8
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C002
  • 4-Digit Zip Code: 2602
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,198,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,277,453
  • High Value: 1,485,570
  • Low Value: 1,069,336

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,337,400
  • Assessed Land Value: $824,400
  • Assessed Improvements Value: $513,000

    Sales

  • Current Sale Recording Date: May 12, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 24, 2000
  • Previous Sale Amount: $565,650
  • 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

$552

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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: 4 months ago
Data Source: MLS PIN, MLS# 70338428

Frequently Asked Questions

When was property at 8 Beacon Street built and last sold?
The property at 8 Beacon Street was built in 1910 and last sold on Jan 1, 1970 for $900,000.
How much is this home worth?
The estimated value of the home located at 8 Beacon Street is $997,282.
What are some comparable homes to 8 Beacon Street?
There are currently no comparable homes to 8 Beacon Street.
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