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Marblehead 01945
8 Garden Rd
$500,000
● House - Off Market

8 Garden Rd

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
4 Baths
square feet
3,120 Ft²
$1,143,621
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

**** Colonial near Swampscott town line and close to beach, school,and playground. Garage, Fireplace, Finished Basement, Refinished Hardwood Floors.****
Unit Size
3,120 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$172
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1958

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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 #71252038)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Jan 21, 2021 Listed by Ryder Realty, Inc. $839,000
Listed by Ryder Realty, Inc.
Oct 5, 2011 Sold
Premium
Sold
Jun 22, 2011 Listed by Ryder Realty, Inc. $537,000
Listed by Ryder Realty, Inc.
May 6, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 9
  • Basement Area: 1,109
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,630
  • Total Building Area: 3,120
  • Gross Building Area: 4,023
  • Building Area: 3,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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:0026 B:0033 L:0
  • Block: 33
  • Municipality: MARBLEHEAD
  • Latitude: 42.4838
  • Longitude: -70.8752

    Address

  • Full Address: 8 Garden Rd
  • Address - House Number: 8
  • Address - Street Name: Garden
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C017
  • 4-Digit Zip Code: 2754
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $834,400

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 973,492
  • High Value: 1,125,324
  • Low Value: 821,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $931,300
  • Assessed Land Value: $555,200
  • Assessed Improvements Value: $376,100

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 624277
  • Previous Sale Recording Date: Oct 05, 2011
  • Previous Sale Amount: $500,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71252038

Frequently Asked Questions

When was property at 8 Garden Road built and last sold?
The property at 8 Garden Road was built in 1958 and last sold on Apr 23, 2021 for $785,000.
How much is this home worth?
The estimated value of the home located at 8 Garden Road is $880,394.
What are some comparable homes to 8 Garden Road?
There are currently no comparable homes to 8 Garden Road.
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