$485,000
●
Condo -
Off Market
9 Watson St #2
Marblehead, MA 01945
2 Beds
1 Bath
1,160 Ft²
$526,566
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model
About This Property
Rarely available 'Old Town' condominium. This 2 bed/1 bath garden
style is located in the historic Rock Meeting House; the original
house of worship for Marblehead's First Baptist Church. This home's
old world charm and superior craftsmanship will please the most
discerning of buyers. Features include; wide pine flooring, 2
working fireplaces, generous ceiling height, wainscotting, judges
panels, dental molding, eat-in stainless/granite kitchen, gorgeous
living room with custom coffered ceilings, master bedroom w/
separate walk-in closet, tile bath & additional bedroom. Exterior
boasts private, new deck, deeded parking, mature landscaping and
paved driveway. Additionally, this property offers basement laundry
(shared with 1st floor), gas heat, storage and low condo fee. This
lovingly preserved building is in the ultimate location just a
short walk to the harbor, shops and restaurants. Welcome home to
this historic charmer just a stone's throw to all Marblehead has to
offer.
Unit Size
1,160 Ft²
Days on Market
-
Land Size
-
Price per sqft
$430
Property Type
Condo
Property Taxes
$417
HOA Dues
$269
Year Built
-
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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 years ago (MLSPIN #72990194)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Coldwell Banker Realty - Marblehead | $499,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| Oct 30, 2014 | Sold | ||
| Sold | |||
| Sep 17, 2014 | Listed by Bean Group | $349,000 | |
| Listed by Bean Group | |||
| | |||
|
Gracious and charming OLD TOWN condominium featuring 2 bedrooms, 1 bath, high ceilings, 2 wood burning fireplaces, wide pine floors, new expansive deck, and period details including dental moldings, wainscotting, and judges panels. Beautiful building with formal entryway. Well cared for building. Walk to harbor, shops, and restaurants. 1160 square feet, 1 car parking, and lots of storage!
| |||
Property Highlights
Parking Available
Fireplace
Interior Details
Level: Main
Width: 11
Length: 11
Features: Ceiling Fan(s), Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Wainscoting, Lighting - Overhead
Area: 121
Level: Main
Features: Ceiling Fan(s), Closet, Flooring - Wood
Width: 8
Length: 10
Area: 80
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Main
Length: 16
Level: Main
Area: 224
Features: Coffered Ceiling(s), Flooring - Wood, Cable Hookup
Width: 14
Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wood, Lighting - Overhead
Level: Main
Length: 16
Width: 12
Area: 192
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Tile
Laundry Features: In Basement, In Building, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 9-11 Watson Street Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CR
Parcel Number: M:0134 B:0061 L:92, 2025383
Water Source: Public
Financial Details
Tax Assessed Value: $476,000
Tax Annual Amount: $5,008
Utilities Details
Utilities: for Electric Range, Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $269
Community Features: Public Transportation, Shopping, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/01/2022
|
2 Bed
|
1 Bath
|
1160 ft²
|
$499,000
2 Bed
1 Bath
1160 ft²
|
$485,000
-2.81%
09/22/2022
|
Domenica Giordano
Century 21 North East
| |
|
06/07/2017
|
2 Bed
|
2 Bath
|
1623 ft²
|
$486,000
2 Bed
2 Bath
1623 ft²
|
$479,000
-1.44%
09/26/2017
|
Steven White
William Raveis R.E. & Home Services
| |
|
09/17/2014
|
2 Bed
|
1 Bath
|
1160 ft²
|
$349,000
2 Bed
1 Bath
1160 ft²
|
$335,000
-4.01%
10/30/2014
|
Elizabeth Walters
Coldwell Banker Realty - Marblehead
| |
|
03/14/2013
|
2 Bed
|
2 Bath
|
1623 ft²
|
$395,000
2 Bed
2 Bath
1623 ft²
|
$385,000
-2.53%
07/30/2013
|
Steven White
William Raveis R.E. & Home Services
| |
|
09/15/2003
|
2 Bed
|
1 Bath
|
1042 ft²
|
$310,000
2 Bed
1 Bath
1042 ft²
|
$305,000
-1.61%
11/14/2003
|
Rita Havens
Coldwell Banker Realty - Marblehead
| |
|
04/12/2002
|
2 Bed
|
2 Bath
|
1623 ft²
|
$359,000
2 Bed
2 Bath
1623 ft²
|
$370,000
+3.06%
05/24/2002
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
| |
|
02/26/2001
|
2 Bed
|
1 Bath
|
1042 ft²
|
$284,900
2 Bed
1 Bath
1042 ft²
|
$282,400
-0.88%
04/06/2001
|
John Crosby
Real Property
| |
|
08/08/2000
| |
2 Bed
|
2 Bath
|
1623 ft²
|
$344,900
2 Bed
2 Bath
1623 ft²
|
$337,000
-2.29%
06/26/2001
|
Albert Lane
Coldwell Banker Realty - Marblehead
|
|
06/24/1997
|
2 Bed
|
2 Bath
|
1623 ft²
|
$225,000
2 Bed
2 Bath
1623 ft²
|
$207,500
-7.78%
08/29/1997
|
Tim Walsh
Marblehead Properties, Inc.
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017