Overview Property Details Payment Calculator Walkability

Canceled

2 Highland Ter, Marblehead MA 01945

$1,124,000

Estimated $2,399.06/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $562,000

Total Rent: 22200/year

Estimated CAP Rate: 1.36%

4 Bedrooms

3 Full Baths

2,372 SqFt

Total Parking: 6

4,138 SqFt

Downtown Marblehead! Beautiful Gambrel Colonial style Multi family home. Step onto a graceful wrap around porch filled w/flower boxes & views of a seaside town steps away. The 6 car+ pavered driveway & manicured grounds that surround this property make quite a statem...

This home has been viewed 18 times

Last Checked: May 6th, 2024 at 11:40pm (Source: MLS PIN #73042945)

Gross Income: $22,200

Gross Expenses: $6,918

Net Income Calc: $15,282

CAP Rate: 1.36%

Beach Front

Annual Expenses for 2 Highland Ter, Marblehead MA 01945

Total Gross Expenses (Calculated)$6,918/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,918

Annual Income & Unit Breakdown for 2 Highland Ter, Marblehead MA 01945

Total Gross Income (Calculated)$22,200

Unit 1

Rental Income$1,850

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(heat, Electric)

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit2

HeatingNo

Rent IncludesUnit 1(heat, Electric)

General Information for 2 Highland Ter, Marblehead MA 01945

Listing ID73042945

Property TypeMulti Family

Price$1,124,000 ($473.86/SqFt)

StyleMulti Family

CityMarblehead

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,372 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking6

Garage Parking

Year Built1938

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningSR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesHarbor, Ocean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 2 Highland Ter, Marblehead MA 01945

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$22,200

Total Net Income By Broker$22,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 2 Highland Ter, Marblehead MA 01945

Real Estate Taxes$6,918

Tax Year2022

Assessed Value$657,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$22,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$22,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.36%

Location Information for 2 Highland Ter, Marblehead MA 01945

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Bike Path, Public Transportation, Tennis Court(s), Marina, Private School

Contact Information for 2 Highland Ter, Marblehead MA 01945

Agent

Name: Judi Moccia

MLS ID: C8001336

Office ID: AN1991

National Association ID: 454004796

Address: 73 Little Nahant Road

City: Nahant

State: MA

Zip: 01908

Office

Name: REAL ESTATE and Company

MLS Office ID: AN1991

Phone: 978-764-7504

Payment Calculator

$7,502.23 per month

30 Years Fixed, 6.75% Interest

Property Taxes $576.50

Principal & Interest $6,925.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

REAL ESTATE and Company

Judi Moccia

Agent Phone

Office Phone

(978) 764-7504

Text Agent Call Agent Call Office

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[id] => 326803
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[net_income_calc] => 15282
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [price_per_unit] => 562000
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        (
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[timber_acres] => None
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        )

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    [year_built_source] => Public Records
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    [zip] => 01945
    [zoning] => SR
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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73042945&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-06 23:40:59
                    [modified] => 2024-05-06 23:40:59
                )

)

)

EXIT