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Marblehead 01945
9 Shepard Street
Photo of 9 Shepard Street
Sold on Jun 10, 2005

1

Map

$595,000
● House - Off Market

9 Shepard Street

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,964 Ft²
$1,124,661
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model

About This Property

This wonderful home is in move-in condition, has granite counter tips in the kitchen, hardwood floors, a fireplaced living room, 3 bedrooms and 2 full baths.  The fenced yard features mature plantings and there is a 2 car detached garage.  Close to town.
Unit Size
1,964 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$325
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1920

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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 #70172022)

Price History

Date / Event Date Event Price
Jun 10, 2005 Sold
Premium
Sold
Apr 12, 2005 Listed $639,000
Listed
Mar 29, 2002 Sold
Premium
Sold
Jan 15, 2002 Listed $467,500
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,477
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,020
  • Total Building Area: 2,694
  • Gross Building Area: 4,480
  • Building Area: 2,694
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,694
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CURTIS HEIGHTS
  • Land Acres: 0000000184
  • 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:0125 B:0038 L:0
  • Block: 38
  • Municipality: MARBLEHEAD
  • Latitude: 42.5069
  • Longitude: -70.8629

    Address

  • Full Address: 9 Shepard St
  • Address - House Number: 9
  • Address - Street Name: Shepard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C040
  • 4-Digit Zip Code: 2417
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $870,700

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,128,169
  • High Value: 1,318,857
  • Low Value: 937,480

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $971,800
  • Assessed Land Value: $540,000
  • Assessed Improvements Value: $431,800

    Sales

  • Current Sale Recording Date: Jun 10, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 29, 2002
  • Previous Sale Amount: $470,000
  • 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:

$992,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2948 ft²

Average Home Age

91.2 years

Currently For Sale

35 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# 70172022

Frequently Asked Questions

When was property at 9 Shepard Street built and last sold?
The property at 9 Shepard Street was built in 1920 and last sold on Jan 1, 1970 for $595,000.
How much is this home worth?
The estimated value of the home located at 9 Shepard Street is $664,564.
What are some comparable homes to 9 Shepard Street?
There are currently no comparable homes to 9 Shepard Street.
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