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Marblehead 01945
99 Clifton Ave
$849,900
● House - Off Market

99 Clifton Ave

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,854 Ft²
$1,146,100
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

This beautiful sun-filled colonial just a block from the ocean is just what you've been waiting for! Great space provides wonderful options. Take advantage of the bright, beautifully renovated eat-in kitchen, the peaceful adjacent deck or the gorgeous formal dining room. Walk to the beach and enjoy a swim, paddle or long walk on the beach. Later, relax by the fire in the living room and retire to your updated master bedroom suite with adjacent bonus space. Over the past few years there have been numerous upgrades to much of the house including the electric and plumbing - in addition to the kitchen, baths, master suite and decks. A complete in-law apartment is perfect for vacation rentals, extended family and great elderly living alternative.
Unit Size
2,854 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$298
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72657066)

Price History

Date / Event Date Event Price
Jul 17, 2020 Sold
Premium
Sold
May 15, 2020 Listed by Sagan Harborside Sotheby's International Realty $849,900
Listed by Sagan Harborside Sotheby's International Realty
Dec 28, 2007 Sold
Premium
Sold
Jul 31, 2007 Listed by Sagan Harborside Sotheby's International Realty $549,000
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,065
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,092
  • Total Building Area: 2,961
  • Gross Building Area: 3,573
  • Building Area: 2,961
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,961
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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:0036 L:0
  • Block: 36
  • Municipality: MARBLEHEAD
  • Latitude: 42.4822
  • Longitude: -70.8775

    Address

  • Full Address: 99 Clifton Ave
  • Address - House Number: 99
  • Address - Street Name: Clifton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C023
  • 4-Digit Zip Code: 1760
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,085,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,161,512
  • High Value: 1,360,488
  • Low Value: 962,536

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,210,900
  • Assessed Land Value: $746,200
  • Assessed Improvements Value: $464,700

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200717003950
  • Previous Sale Recording Date: Dec 28, 2007
  • Previous Sale Amount: $480,000
  • 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:

$999,900

Sale Price/ft²

$538

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2735 ft²

Average Home Age

90.3 years

Currently For Sale

34 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: 6 months ago
Data Source: MLS PIN, MLS# 72657066

Frequently Asked Questions

When was property at 99 Clifton Avenue built and last sold?
The property at 99 Clifton Avenue was built in 1900 and last sold on Jul 15, 2020 for $849,900.
How much is this home worth?
The estimated value of the home located at 99 Clifton Avenue is $853,316.
What are some comparable homes to 99 Clifton Avenue?
There are currently no comparable homes to 99 Clifton Avenue.
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