
11 Cornell Road Marblehead — Photo 1 of 38
$1,150,000
Investment Analysis — 11 Cornell Road
Marblehead, MA 01945
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01945 carries an estimated $3,080/mo in gross rent — about a 1.69% cap rate and $19,411/yr in estimated NOI at the $1,150,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,452
Style
Single Family
Built
1945
A home that has been loved, thoughtfully updated and beautifully maintained, 11 Cornell Road offers the kind of warmth and character that feels special the moment you arrive. This expanded Cape features 3 bedrooms, 2 full baths and a flexible floor plan designed for comfortable everyday living. The inviting living room with fireplace and builtins flows to an updated stainless steel kitchen and dining space, while the sunroom overlooks a generous backyard, patio with fire pit surround and stone walls—an ideal setting for gathering with family and friends. A first-floor primary bedroom adds convenience with ample closets and flexible bonus space. Upstairs there is a full bath and two bedroom rooms - one with an adjoining room for endless possibilities . The finished lower level provides even more room to work, play or relax. Over the years, the owners have made extensive improvements including a new roof and chimney, updated kitchen and appliances, electrical upgrades, two A/C units, patio and stonework, irrigation system, and numerous interior and exterior enhancements. With its welcoming exterior and wonderful curb appeal, this is the kind of home that lends itself naturally to every season—from summer evenings on the patio to holiday lights glowing outside in winter. An attached two-car garage and a spacious .35-acre lot complete this special Marblehead home.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,452 sq ft principal dwelling). Lot size: 15,037 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Crown Molding, Decorative Molding
Dining Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Pendant, Crown Molding
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Office
Lvl SecondSkylight, Closet, Lighting - Overhead
Family Room
Lvl Main,FirstSkylight, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting, Slider
Primary Bedroom
Lvl Main,FirstCloset, Flooring - Wall to Wall Carpet, Dressing Room, Recessed Lighting, Closet - Double
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead, Pedestal Sink
Listing Agent: Livermore Poss Team
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73580435
