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Marblehead 01945
93 Rockaway Avenue
$899,000
● House - Off Market

93 Rockaway Avenue

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$891,924
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Start living the beach lifestyle you've always dreamed of! This beautiful four-bedroom home is nestled just minutes away from the pristine beaches of Marblehead and Swampscott, offering the perfect blend of coastal living and New England charm. The living room is bathed in natural light and offers a cozy fireplace, perfect for those fall nights to come. Open the doors to your spacious deck accessible from both the living room and kitchen for lounging and al fresco dining. Your backyard provides ample space for entertaining, outdoor activities and gardening, Upstairs, are four thoughtfully designed bedrooms including the front to back primary. Welcome Home!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1930

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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: 3 years ago (MLSPIN #73163207)

Price History

Date / Event Date Event Price
Oct 17, 2023 Temporarily off market -
Temporarily off market
Oct 11, 2023 Price Decreased $899,000
↓ $50K (5.3%)
Price Decreased
Sep 25, 2023 Listed by Sagan Harborside Sotheby's International Realty $949,000
Listed by Sagan Harborside Sotheby's International Realty
Aug 5, 2005 Sold
Premium
Sold
Jul 6, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,930
  • Total Building Area: 1,825
  • Gross Building Area: 3,589
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0009 B:0016 L:0
  • Block: 16
  • Municipality: MARBLEHEAD
  • Latitude: 42.4817
  • Longitude: -70.8786

    Address

  • Full Address: 93 Rockaway Ave
  • Address - House Number: 93
  • Address - Street Name: Rockaway
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C023
  • 4-Digit Zip Code: 1741
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,007,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 977,009
  • High Value: 1,055,452
  • Low Value: 898,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,124,900
  • Assessed Land Value: $806,800
  • Assessed Improvements Value: $318,100

    Sales

  • Current Sale Recording Date: Aug 05, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 06, 1999
  • Previous Sale Amount: $37,000
  • 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

53

Average Home Size

2928 ft²

Average Home Age

93 years

Currently For Sale

40 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: 3 years ago
Data Source: MLS PIN, MLS# 73163207

Frequently Asked Questions

When was property at 93 Rockaway Avenue built and last sold?
The property at 93 Rockaway Avenue was built in 1930 and last sold on Jan 1, 1970 for $559,000.
How much is this home worth?
The estimated value of the home located at 93 Rockaway Avenue is $907,990.
What are some comparable homes to 93 Rockaway Avenue?
There are currently no comparable homes to 93 Rockaway Avenue.
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