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Marblehead 01945
80 Roosevelt Ave
$360,000
● House - Off Market

80 Roosevelt Ave

Marblehead, MA 01945
bedrooms
2 Beds
bathrooms
1 Bath
square feet
846 Ft²
$625,621
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Single level living and an open concept in the main living space makes this versatile home work for many of today's home owners. The living room with two skylights, dining area, and updated kitchen are all open to one another providing a light filled living space.  The master bedroom with double closets and second bedroom in the back of the house (currently being used as an office) are close to an updated full bath.  Perennial plantings, a storage shed, and an outdoor shower in the fenced in yard  provide extra living space during the nice weather. 80 Roosevelt with two car tandem parking is a great condo alternative, close to town, parks, and schools.
Unit Size
846 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$423
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #71897200)

Price History

Date / Event Date Event Price
Oct 15, 2015 Sold
Premium
Sold
Sep 1, 2015 Listed by Coldwell Banker Residential Brokerage - Marblehead $358,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Sep 11, 2013 Sold
Premium
Sold
May 29, 2013 Listed by Coldwell Banker Residential Brokerage - Marblehead $309,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
May 14, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,807
  • Total Building Area: 822
  • Gross Building Area: 944
  • Building Area: 822
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 822
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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:0018 L:0
  • Block: 18
  • Municipality: MARBLEHEAD
  • Latitude: 42.5072
  • Longitude: -70.8622

    Address

  • Full Address: 80 Roosevelt Ave
  • Address - House Number: 80
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2432
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $497,500

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 680,570
  • High Value: 786,812
  • Low Value: 574,327

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,300
  • Assessed Land Value: $491,600
  • Assessed Improvements Value: $63,700

    Sales

  • Current Sale Recording Date: Oct 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 373
  • Previous Sale Recording Date: Sep 11, 2013
  • Previous Sale Amount: $300,000
  • 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

$546

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2929 ft²

Average Home Age

95.1 years

Currently For Sale

38 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# 71897200

Frequently Asked Questions

When was property at 80 Roosevelt Avenue built and last sold?
The property at 80 Roosevelt Avenue was built in 1930 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 80 Roosevelt Avenue is $367,002.
What are some comparable homes to 80 Roosevelt Avenue?
There are currently no comparable homes to 80 Roosevelt Avenue.
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