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Canceled

2 Highland Terrace, Marblehead MA 01945

$1,099,000

Estimated $2,358.52/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $549,500

Total Rent: 21600/year

Estimated CAP Rate: 1.34%

4 Bedrooms

3 Full Baths

2,372 SqFt

Total Parking: 6

4,138 SqFt

Downtown Marblehead. Beautiful Gambrel style multi family home. Walk 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 statement as you approach. First, a charming single level unit w/an arched ceiling entryway, lvng rm, eat-in kitchen, 1 bdrm, full bth & hdwd flrs. The main house was fully renovated in 2021. Walk up a curved staircase enhanced w/elegant custom design railings. An open wrap around floor plan w/nw hdwd flrs, wafer tech Led recessed lighting & fixtures, nw windows & nwly painted thru out. A stunning chef's kitchen w/quartzite cntrs & island, subwy bcksplsh, nw ss applncs & gorgeous cabinetry. Upstairs, a stylish main bedrm w/pocket dr, nw clsts & modern lghtng.Two more bdrms, two full bths & a fabulous oversized roof dck. Landscpd grnds & paved patio. Walk to shops, fine dining & strolls to harbor. Also, steps to the Marblehead Rail Trail.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 6:36am (Source: MLS PIN #73097488)

Gross Income: $21,600

Gross Expenses: $6,918

Net Income Calc: $14,682

CAP Rate: 1.34%

Beach Front

Annual Expenses for 2 Highland Terrace, 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 Terrace, Marblehead MA 01945

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$1,800

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit3

HeatingNo

Rent Includes

General Information for 2 Highland Terrace, Marblehead MA 01945

Listing ID73097488

Property TypeMulti Family

Price$1,099,000 ($463.32/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

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningSR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

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

Energy Features

Terms

Disclosures for 2 Highland Terrace, 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$21,600

Total Net Income By Broker$21,600

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 Terrace, 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$21,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.34%

Location Information for 2 Highland Terrace, 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, Park, Bike Path, Public Transportation, Marina, Private School

Contact Information for 2 Highland Terrace, Marblehead MA 01945

Agent

Name: Judi Moccia

Office

Name: REAL ESTATE and Company

Phone: 978-764-7504

Payment Calculator

, Interest

Property Taxes 576.5

Principal & Interest 6771.69

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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        )

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    [year_built_details] => Actual
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                    [modified] => 2024-05-07 06:36:14
                )

[18] => Array
                (
                    [id] => 7468840
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73097488&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-07 06:36:14
                    [modified] => 2024-05-07 06:36:14
                )

[19] => Array
                (
                    [id] => 7468841
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73097488&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 06:36:14
                    [modified] => 2024-05-07 06:36:14
                )

[20] => Array
                (
                    [id] => 7468842
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73097488&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 06:36:14
                    [modified] => 2024-05-07 06:36:14
                )

[21] => Array
                (
                    [id] => 7468843
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73097488&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 06:36:14
                    [modified] => 2024-05-07 06:36:14
                )

[22] => Array
                (
                    [id] => 7468844
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73097488&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 06:36:14
                    [modified] => 2024-05-07 06:36:14
                )

)

)

EXIT