Back to Search
Active
6 Days on market
33 Arnold Terrace #33 Marblehead — Photo 1 of 37

33 Arnold Terrace #33 Marblehead — Photo 1 of 37

$635,000

Investment Analysis — 33 Arnold Terrace #33

Marblehead, MA 01945

Based on HUD Small Area Fair Market Rent, a 2-bedroom in 01945 carries an estimated $4,450/mo in gross rent — about a 4.83% cap rate and $30,699/yr in estimated NOI at the $635,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,562

Style

Condominium

Built

1988

Welcome to this beautifully updated townhouse, offering 1,562 square feet of comfortable living space in a setting that feels both private and inviting. With 2 bedrooms, 1½ baths, hardwood floors, central AC, abundant storage, and a lovely outdoor retreat, this home is designed for easy living and entertaining. The main level welcomes you with a spacious living room and a cozy fireplace, an inviting eat-in kitchen with direct access to the back deck, and a convenient half bath. Upstairs, 2 generous bedrooms with walk-in closet space share a newly remodeled full bathroom featuring a luxurious steam shower. Pull down stairs provide easy access to the attic, offering even more storage. The lower level adds flexibility with a finished walkout room, perfect for a home office or additional living space, along with laundry, mechanicals, and plenty of storage. Step outside to the private back deck, where a landscaped ledge creates a peaceful, secluded backdrop, an ideal spot for morning coffee and casual entertaining. With parking for two cars, beautifully updated kitchen and baths, and flexible space throughout, this inviting townhouse is ready to feel like home. First offer review will be Monday evening 10/5.

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$635,000
Annual Taxes$4,737
HOA Fee$429

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Tile, Carpet, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Basement
Office
Living Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Dining Area, Deck - Exterior, Remodeled, Slider, Stainless Steel Appliances

Office
Lvl Basement

Flooring - Wall to Wall Carpet, Exterior Access

Primary Bedroom
Lvl Second

Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Bidet

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Bidet, Remodeled, Steam / Sauna

Listing Provided By

Listing Agent: Lise Danforth

Listing Office: Coldwell Banker Realty - Marblehead

MLS® Number: 73584590