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Marblehead 01945
8 Wadden Ct
$952,500
● House - Off Market

8 Wadden Ct

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,450 Ft²
$2,137,378
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

This special property offers privacy seldom found in the heart of downtown Marblehead. Set on almost a ½ acre of trees, lawn and gardens, this spacious home was extensively renovated in 2000. With 4 BRs and 3.5 baths, large open living and dining areas with great space, large windows and impressive fireplace, this home offers room and comfort for the whole family. Most rooms and the multiple decks offer views over the roof tops and out to the ocean and harbor. 2-car garage and so much more.
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$449
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1830

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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 #71477045)

Price History

Date / Event Date Event Price
May 24, 2013 Sold
Premium
Sold
Jan 29, 2013 Listed by Harborside Realty $1,099,900
Listed by Harborside Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 303
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,288
  • Total Building Area: 3,292
  • Gross Building Area: 4,527
  • Building Area: 3,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000000489
  • 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:0164 B:0058 L:0
  • Block: 58
  • Municipality: MARBLEHEAD
  • Latitude: 42.5087
  • Longitude: -70.8474

    Address

  • Full Address: 8 Wadden Ct
  • Address - House Number: 8
  • Address - Street Name: Wadden
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C001
  • 4-Digit Zip Code: 2653
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,405,200

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,660,632
  • High Value: 2,008,788
  • Low Value: 1,312,476

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,568,300
  • Assessed Land Value: $1,006,200
  • Assessed Improvements Value: $562,100

    Sales

  • Current Sale Recording Date: May 09, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 316
  • Previous Sale Recording Date: May 24, 2013
  • Previous Sale Amount: $952,500
  • 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

$538

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2977 ft²

Average Home Age

88.5 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 71477045

Frequently Asked Questions

When was property at 8 Wadden Court built and last sold?
The property at 8 Wadden Court was built in 1830 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Wadden Court is $1,126,110.
What are some comparable homes to 8 Wadden Court?
There are currently no comparable homes to 8 Wadden Court.
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