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Middlesex
81 Marblehead Street
Photo of 81 Marblehead Street

1

Map

$369,000
● Land - Off Market

81 Marblehead Street

North Reading, MA 01864
bedrooms
Studio
bathrooms
0 Bath
$2,197
Est. Monthly

About This Property

Beautiful 2+ acre landscaped lot on a country road in an area of more expensive homes & new developments. Stream & small pond, town water, electric on site, winding driveway to private wooded setting. There is currently a brick front ranch on the lot that can be added onto or torn down. See also MLS # 71092996
Unit Size
-
Days on Market
-
Land Size
2.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$385
HOA Dues
-
Year Built
1926

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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: 3 months ago (MLSPIN #71094836)

Price History

Date / Event Date Event Price
May 11, 2011 Sold
Premium
Sold
Jun 9, 2010 Listed by Keller Williams Realty Westborough $369,000
Listed by Keller Williams Realty Westborough
Jul 28, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 996
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330101

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:067.0 B:0000 L:0001.0
  • Lot: 1.0
  • Municipality: NORTH READING
  • Latitude: 42.6018
  • Longitude: -71.0697

    Address

  • Full Address: 81 Marblehead St
  • Address - House Number: 81
  • Address - Street Name: Marblehead
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C005
  • 4-Digit Zip Code: 1509
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $791,800

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 726,048
  • High Value: 838,807
  • Low Value: 613,289

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,400
  • Assessed Land Value: $396,700
  • Assessed Improvements Value: $202,700

    Sales

  • Current Sale Recording Date: May 11, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000008
  • Previous Sale Recording Date: Jul 28, 2003
  • Previous Sale Amount: $190,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

64.6 years

Currently For Sale

3186 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: 3 months ago
Data Source: MLS PIN, MLS# 71094836

Frequently Asked Questions

When was property at 81 Marblehead Street built and last sold?
The property at 81 Marblehead Street was built in 1926 and last sold on Jan 1, 1970 for $349,900.
How much is this home worth?
The estimated value of the home located at 81 Marblehead Street is $372,690.
What are some comparable homes to 81 Marblehead Street?
There are currently no comparable homes to 81 Marblehead Street.
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