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Marblehead 01945
8 Leo Road
Photo of 8 Leo Road
Sold on Mar 29, 2010

1

Map

$642,000
● House - Off Market

8 Leo Road

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,900 Ft²
$1,332,221
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Located on a tree lined street of similar homes, this spacious (over 3,800 sq ft) brick front center hall colonial offers large/well proportioned rooms, newer granite kitchen, 5 bedrooms including a first floor bedroom suite, 3.5 bathrooms including a master bath, 2 car garage, finished lower level, thermal windows, hardwood floors and a gracious/welcoming foyer with circular stairs.
Unit Size
3,900 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$164
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1964

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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: 5 months ago (MLSPIN #71020775)

Price History

Date / Event Date Event Price
Mar 29, 2010 Sold
Premium
Sold
Jan 18, 2010 Listed $639,000
Listed
Mar 29, 1999 Sold
Premium
Sold
Jan 5, 1999 Listed $409,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,410
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,545
  • Total Building Area: 3,708
  • Gross Building Area: 4,773
  • Building Area: 3,708
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000242
  • 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:0051 B:0043 L:0
  • Block: 43
  • Municipality: MARBLEHEAD
  • Latitude: 42.4912
  • Longitude: -70.8729

    Address

  • Full Address: 8 Leo Rd
  • Address - House Number: 8
  • Address - Street Name: Leo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C013
  • 4-Digit Zip Code: 2002
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $960,900

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,253,480
  • High Value: 1,465,349
  • Low Value: 1,041,611

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,072,400
  • Assessed Land Value: $618,300
  • Assessed Improvements Value: $454,100

    Sales

  • Current Sale Recording Date: Mar 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 29, 1999
  • Previous Sale Amount: $385,000
  • 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

$538

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2910 ft²

Average Home Age

90.7 years

Currently For Sale

36 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: 5 months ago
Data Source: MLS PIN, MLS# 71020775

Frequently Asked Questions

When was property at 8 Leo Road built and last sold?
The property at 8 Leo Road was built in 1964 and last sold on Jan 1, 1970 for $642,000.
How much is this home worth?
The estimated value of the home located at 8 Leo Road is $640,490.
What are some comparable homes to 8 Leo Road?
There are currently no comparable homes to 8 Leo Road.
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