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Marblehead 01945
9 Stone Terrace
$649,000
● House - Off Market

9 Stone Terrace

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$1,488,803
RealtyHop Estimate
129.40%
Since Jun 1, 2002
MA-Boston
Primary Model

About This Property

.WATERFRONT PROPERTY LOCATED AT THE END OF A CUL-DE-SAC. HARBORSIDE DECK WITH STEPS DOWN TO THE BEACH. CONTEMPORARY FLAIR GREAT ROOM TRANSITION TAKING ADVANTAGE OF WATERVIEWS. ENJOY SPECTACULAR SUNSETS.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$295
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1948

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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 #30587136)

Price History

Date / Event Date Event Price
May 7, 2002 Sold
Premium
Sold
Mar 12, 2002 Listed by Coldwell Banker Realty - Marblehead $649,000
Listed by Coldwell Banker Realty - Marblehead
Oct 24, 1995 Sold
Premium
Sold
May 18, 1995 Listed by Coldwell Banker Realty - Marblehead $425,000
Listed by Coldwell Banker Realty - Marblehead

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,444
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,490
  • Total Building Area: 2,527
  • Gross Building Area: 4,060
  • Building Area: 2,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,527
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORTER S BEACH SEC B
  • Land Acres: 0000000218
  • 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:0122 B:0079 L:0
  • Block: 79
  • Municipality: MARBLEHEAD
  • Latitude: 42.5087
  • Longitude: -70.8711

    Address

  • Full Address: 9 Stone Ter
  • Address - House Number: 9
  • Address - Street Name: Stone
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1319
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,446,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,385,976
  • High Value: 1,623,404
  • Low Value: 1,148,548

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,613,800
  • Assessed Land Value: $1,294,100
  • Assessed Improvements Value: $319,700

    Sales

  • Current Sale Recording Date: May 07, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 24, 1995
  • Previous Sale Amount: $410,000
  • 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

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2975 ft²

Average Home Age

93.1 years

Currently For Sale

37 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# 30587136

Frequently Asked Questions

When was property at 9 Stone Terrace built and last sold?
The property at 9 Stone Terrace was built in 1948 and last sold on Jan 1, 1970 for $649,000.
How much is this home worth?
The estimated value of the home located at 9 Stone Terrace is $685,443.
What are some comparable homes to 9 Stone Terrace?
There are currently no comparable homes to 9 Stone Terrace.
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