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Marblehead 01945
8 Turner Road
Photo of 8 Turner Road
Sold on Dec 17, 2007

1

Map

$480,000
● House - Off Market

8 Turner Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,523 Ft²
$982,563
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Contemporary/Antique Barn.  Combine old world charm with a modern floorplan for today's living.  This converted 19th century barn with 3 BR & 2.5 Baths boasts high ceilings, large windows, beautiful wood floors & plenty of closet space.  Eat-in kitchen with seating for 4 opens into an elegant dining rm & recessed LR  great for entertaining.  Master suite with updated bath & lower level family room.  Enjoy privacy and a wooded back yard from the large wrap-around deck & patio area.
Unit Size
2,523 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$198
Property Type
House
Property Taxes
$339
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 #70543367)

Price History

Date / Event Date Event Price
Dec 17, 2007 Sold
Premium
Sold
Mar 20, 2007 Listed $499,000
Listed
Oct 30, 2001 Sold
Premium
Sold
Aug 28, 2001 Listed $399,000
Listed
May 29, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 6
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 860
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,242
  • Total Building Area: 2,523
  • Gross Building Area: 3,539
  • Building Area: 2,523
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,523
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000143
  • 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: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0137 B:040A L:0
  • Block: 40A
  • Municipality: MARBLEHEAD
  • Latitude: 42.5078
  • Longitude: -70.8592

    Address

  • Full Address: 8 Turner Rd
  • Address - House Number: 8
  • Address - Street Name: Turner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C029
  • 4-Digit Zip Code: 2442
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,900

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 988,366
  • High Value: 1,190,383
  • Low Value: 786,349

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $783,400
  • Assessed Land Value: $513,200
  • Assessed Improvements Value: $270,200

    Sales

  • Current Sale Recording Date: Dec 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 30, 2001
  • Previous Sale Amount: $399,000
  • 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

$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# 70543367

Frequently Asked Questions

When was property at 8 Turner Road built and last sold?
The property at 8 Turner Road was built in 1880 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 8 Turner Road is $547,678.
What are some comparable homes to 8 Turner Road?
There are currently no comparable homes to 8 Turner Road.
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