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43 Hawkes #1 Marblehead — Photo 1 of 20

43 Hawkes #1 Marblehead — Photo 1 of 20

$495,000

Investment Analysis — 43 Hawkes #1

Marblehead, MA 01945

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01945 carries an estimated $2,160/mo in gross rent — about a 2.56% cap rate and $12,679/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

675

Style

Condominium

Built

1860

Imagine parking your car after a long week of work and not having to use it until the next work day! That is one of the benefits to living in the Shipyard area of Marblehead. Numerous cafes, restaurants and shops as well as the movie theatre and Marblehead harbor are just blocks away. The bus to Boston is three blocks away. First floor living with a private entrance adds to the convenient lifestyle. There is a private deck as well as a large shared yard. Most condominiums of this size have one parking space - this one has two. The orientation is to the south and west so there is an abundance of sunlight into the living room and kitchen. The centerpiece to the living room is the fireplace. The kitchen is enhanced by the custom cabinetry, granite countertops and new gas stove. The bath room has a walk-in shower with glass doors. There is a stacking washer/dryer (ASKO). When one is not enjoying the fireplace, much time will be spent on the deck conveniently located off of the kitchen. Shown by appointment. SHOWINGS BEGIN ON THURSDAY, SEPTEMBER 24TH.

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 MLS and other third-party data may be inaccurate or out of date.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$495,000
Annual Taxes$3,420
HOA Fee$300

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms3
Fireplaces1
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningGR

Property & Lot

Acres0.13
SqFt Lot5,574
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Washer • Dryer

Neighborhood

Public Transportation • Shopping

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

Ceiling Fan(s), Flooring - Wood, Cable Hookup, Recessed Lighting

Kitchen
Lvl First

Flooring - Wood, Countertops - Upgraded, Recessed Lighting

Primary Bedroom
Lvl First

Ceiling Fan(s), Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Daniel Devan

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73580111