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Marblehead 01945
87 Seaview
$315,000
● Land - Off Market

87 Seaview

Marblehead, MA 01945
bedrooms
Studio
bathrooms
0 Bath
$932,489
RealtyHop Estimate
174.67%
Since Dec 1, 2000
MA-Boston
Primary Model

About This Property

BUILD THE HOME OF YOUR DREAMS WITH VIEWS  OF THE OCEAN, WONDERFUL 10,566 SQUARE FOOT LOT,STEPS TO SANDY BEACH, BEACH BLUFF AREA. UTILITIES ON STREET.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$196
HOA Dues
-
Year Built
2000

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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 years ago (MLSPIN #30449978)

Price History

Date / Event Date Event Price
Jul 20, 2001 Sold
Premium
Sold
Nov 3, 2000 Sold
Premium
Sold
Oct 1, 2000 Listed $339,500
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,814
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,566
  • Total Building Area: 5,028
  • Gross Building Area: 5,969
  • Building Area: 5,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLODGETT PROPERTIES
  • Land Acres: 0000000243
  • 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:0006 B:001A L:0
  • Block: 1A
  • Municipality: MARBLEHEAD
  • Latitude: 42.4798
  • Longitude: -70.8824

    Address

  • Full Address: 87 Seaview Ave
  • Address - House Number: 87
  • Address - Street Name: Seaview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C023
  • 4-Digit Zip Code: 1731
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,641,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 1,895,109
  • High Value: 2,184,103
  • Low Value: 1,606,114

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,832,200
  • Assessed Land Value: $820,300
  • Assessed Improvements Value: $1,011,900

    Sales

  • Current Sale Recording Date: Jul 20, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 03, 2000
  • Previous Sale Amount: $315,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30449978

Frequently Asked Questions

When was property at 87 Seaview Avenue built and last sold?
The property at 87 Seaview Avenue was built in 2000 and last sold on Jan 1, 1970 for $950,000.
How much is this home worth?
The estimated value of the home located at 87 Seaview Avenue is $342,895.
What are some comparable homes to 87 Seaview Avenue?
There are currently no comparable homes to 87 Seaview Avenue.
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