Investment Analysis — 26 Summer St #5

Marblehead, MA 01945 — Old Town

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01945 carries an estimated $2,560/mo in gross rent — about a 3.70% cap rate and $15,536/yr in estimated NOI at the $420,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

807

Style

Condominium

Built

1870

Perfect for downsizers, first-time home buyers, or those looking for an affordable Marblehead getaway, this single-level condo is tucked away on a quiet street in the heart of historic Old Town. Enjoy easy and proximate access to the harbor, Crocker Park, Crosby’s Market, and Old Town shops and restaurants. The flexible floor plan includes 2 bedrooms and 1 bath, open living and dining areas, and an eat-in kitchen. Additional conveniences include on-site laundry, bike storage, and shared outdoor space. The Association shares 3 parking spaces, adjacent to a public lot. Parking may also be available for rent at the nearby Masonic Hall. The building received a new roof and insulation in 2020. The condo fee includes hot water, water/sewer, exterior maintenance, trash and snow removal, and master insurance. Whether you’re looking for a primary residence or a well-located Marblehead landing spot, this is low-maintenance living in one of the town’s most desirable and walkable neighborhoods. No dogs permitted; smoking is prohibited.

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 MLS and other third-party data may be inaccurate or out of date.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.