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Marblehead 01945
8 Glover Square
$575,250
● House - Off Market

8 Glover Square

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$1,247,608
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Delight in the charm of this well-located 3 Bedroom, 2.5 Bath Antique in the heart of Old Town Marblehead. Situated only a few steps from the harbor, local shops and restaurants, this beautiful home boasts many outstanding features including an eat-in granite kitchen with stainless appliances and walk-out deck, a sunny and spacious living room, 3 upstairs bedrooms, finished lower level family room, fully fenced yard and 3 car off-street parking. Old World charm with today's modern amenities.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$300
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1880

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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 #71347088)

Price History

Date / Event Date Event Price
Oct 1, 2012 Sold
Premium
Sold
Mar 6, 2012 Listed by RE/MAX Advantage Real Estate $599,000
Listed by RE/MAX Advantage Real Estate
Dec 15, 2004 Sold
Premium
Sold
Oct 21, 2004 Listed by RE/MAX Advantage Real Estate $649,000
Listed by RE/MAX Advantage Real Estate
Dec 21, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,087
  • Total Building Area: 2,000
  • Gross Building Area: 2,490
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000048
  • 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: CR

Geography

  • District: 168
  • Parcel: MARB M:0148 B:0038 L:0
  • Block: 38
  • Municipality: MARBLEHEAD
  • Latitude: 42.5049
  • Longitude: -70.8475

    Address

  • Full Address: 8 Glover Sq
  • Address - House Number: 8
  • Address - Street Name: Glover
  • Address - Suffix Type: Sq
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C005
  • 4-Digit Zip Code: 3510
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $921,200

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,041,528
  • High Value: 1,259,887
  • Low Value: 823,169

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,028,100
  • Assessed Land Value: $678,300
  • Assessed Improvements Value: $349,800

    Sales

  • Current Sale Recording Date: Oct 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Dec 15, 2004
  • Previous Sale Amount: $647,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2897 ft²

Average Home Age

93.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71347088

Frequently Asked Questions

When was property at 8 Glover Square built and last sold?
The property at 8 Glover Square was built in 1880 and last sold on Jan 1, 1970 for $575,250.
How much is this home worth?
The estimated value of the home located at 8 Glover Square is $638,487.
What are some comparable homes to 8 Glover Square?
There are currently no comparable homes to 8 Glover Square.
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