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Marblehead 01945
9 Cloutman's Lane
$1,275,000
● House - Off Market

9 Cloutman's Lane

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,814 Ft²
$1,987,009
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

New construction in Marblehead! This 4/5 BR 3 ½ BA home features a wraparound porch, AC, large deck, two car garage all sited on a 12,000 sq. ft. lot. The kitchen has dark hardwood floors, large eat-in island, all stainless appliances, granite counter tops, open to the casual dining area and fireplaced family room. The master suite has hardwood floors, generous walk in closet, double vanity, large tiled shower and a soaking tub. 3 additional BRs on the second level with a full bath. The third floor can be used as a fifth BR or a great room, and there is a full bath on this level, giving the floor plan great flexibility.
Unit Size
3,814 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$334
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
2017

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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: 4 months ago (MLSPIN #72199937)

Price History

Date / Event Date Event Price
Sep 28, 2017 Sold
Premium
Sold
Jul 18, 2017 Listed by Coldwell Banker Residential Brokerage - Marblehead $1,275,000
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,177
  • Total Building Area: 3,809
  • Gross Building Area: 8,324
  • Building Area: 3,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,809
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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: SR

Geography

  • District: 168
  • Parcel: MARB M:0158 B:0039 L:0
  • Block: 39
  • Municipality: MARBLEHEAD
  • Latitude: 42.5175
  • Longitude: -70.8608

    Address

  • Full Address: 9 Cloutmans Ln
  • Address - House Number: 9
  • Address - Street Name: Cloutmans
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C025
  • 4-Digit Zip Code: 1503
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,817,200

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 1,729,487
  • High Value: 1,946,410
  • Low Value: 1,512,563

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,028,100
  • Assessed Land Value: $927,900
  • Assessed Improvements Value: $1,100,200

    Sales

  • Current Sale Recording Date: Sep 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 316
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:

$992,000

Sale Price/ft²

$553

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# 72199937

Frequently Asked Questions

When was property at 9 Cloutman's Lane built and last sold?
The property at 9 Cloutman's Lane was built in 2017 and last sold on Jan 1, 1970 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 9 Cloutman's Lane is $1,287,750.
What are some comparable homes to 9 Cloutman's Lane?
There are currently no comparable homes to 9 Cloutman's Lane.
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