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Marblehead 01945
9 Risley Road
Photo of 9 Risley Road
Sold on Jul 30, 2010

1

Map

$680,000
● House - Off Market

9 Risley Road

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,029 Ft²
$1,413,229
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

Located on Marblehead Neck, in a private, wooded setting, a stone's throw from the Audubon Bird Sanctuary, this year around gambrel cottage is nestled within over 12,000 square feet of land.  A fresh Pottery Barn interior includes a newer kitchen, bath, and systems.  Whether you want to move right in, or renovate, have a perfect get-away, or design and build your new dream home, this is your opportunity:  Location, Location
Unit Size
1,029 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$679
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
2010

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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: 2 years ago (MLSPIN #71075953)

Price History

Date / Event Date Event Price
Apr 12, 2019 Sold
Premium
Sold
Jul 30, 2010 Sold
Premium
Sold
May 5, 2010 Listed $699,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,730
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,420
  • Total Building Area: 4,547
  • Gross Building Area: 5,880
  • Building Area: 4,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,547
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STABLE&
  • Land Acres: 0000000285
  • 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: 203200

Zoning

  • Zoning: LSR

Geography

  • District: 168
  • Parcel: MARB M:0911 B:0005 L:0
  • Block: 5
  • Municipality: MARBLEHEAD
  • Latitude: 42.4922
  • Longitude: -70.8389

    Address

  • Full Address: 9 Risley Rd
  • Address - House Number: 9
  • Address - Street Name: Risley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C012
  • 4-Digit Zip Code: 3738
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,202,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 2,303,748
  • High Value: 2,663,055
  • Low Value: 1,944,441

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,457,900
  • Assessed Land Value: $1,522,500
  • Assessed Improvements Value: $935,400

    Sales

  • Current Sale Contract Date: Apr 11, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190412001480
  • Previous Sale Recording Date: Jul 30, 2010
  • Previous Sale Amount: $680,000
  • 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:

$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: 2 years ago
Data Source: MLS PIN, MLS# 71075953

Frequently Asked Questions

When was property at 9 Risley Road built and last sold?
The property at 9 Risley Road was built in 2010 and last sold on Apr 11, 2019 for $1,765,000.
How much is this home worth?
The estimated value of the home located at 9 Risley Road is $702,947.
What are some comparable homes to 9 Risley Road?
There are currently no comparable homes to 9 Risley Road.
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