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Marblehead 01945
8 Tedesco St
$490,000
● House - Off Market

8 Tedesco St

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,555 Ft²
$775,424
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Spacious ranch in a super location.  Living areas have a wonderful open feeling - a spacious living room (with a fireplace) and dining room lead to a kitchen which has been tastefully updated, as have the bathrooms.  3 bedrooms, 1 1/2 baths.  The master has a half bath.  A hookup has been installed in the full bath for a washer/dryer, which is currently in the basement and included with the sale.  The basement is huge, and includes a large room which would be a fabulous man cave or play room for children.  Hardwood floors throughout the first floor.  The heating system has been recently replaced with a high efficiency gas boiler.  Central air.  Attached 2-car garage.  Huge yard (14,000 sq. ft.), fenced.  The house has been lovingly cared for - Just move in and enjoy!
Unit Size
1,555 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$334
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1961

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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 #72267256)

Price History

Date / Event Date Event Price
Apr 13, 2018 Sold
Premium
Sold
Jan 2, 2018 Listed by Coldwell Banker Residential Brokerage - Marblehead $519,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Apr 14, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 1,555
  • Gross Building Area: 3,332
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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:0032 B:0005 L:0
  • Block: 5
  • Municipality: MARBLEHEAD
  • Latitude: 42.489
  • Longitude: -70.8809

    Address

  • Full Address: 8 Tedesco St
  • Address - House Number: 8
  • Address - Street Name: Tedesco
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C021
  • 4-Digit Zip Code: 1020
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,200

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 743,432
  • High Value: 870,872
  • Low Value: 615,992

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,000
  • Assessed Land Value: $474,700
  • Assessed Improvements Value: $110,300

    Sales

  • Current Sale Recording Date: Apr 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180413003550
  • Previous Sale Recording Date: Apr 14, 1995
  • Previous Sale Amount: $167,000
  • 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:

$992,000

Sale Price/ft²

$553

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# 72267256

Frequently Asked Questions

When was property at 8 Tedesco Street built and last sold?
The property at 8 Tedesco Street was built in 1961 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 8 Tedesco Street is $541,135.
What are some comparable homes to 8 Tedesco Street?
There are currently no comparable homes to 8 Tedesco Street.
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