Active

6 Days on market

43 Ruby Avenue Marblehead — Photo 1 of 40

$879,900

Investment Analysis — 43 Ruby Avenue

Marblehead, MA 01945 — Clifton/Glover

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01945 carries an estimated $3,390/mo in gross rent — about a 2.74% cap rate and $24,111/yr in estimated NOI at the $879,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,714

Style

Single Family

Built

1910

Classic New England Colonial charm meets coastal living in Marblehead! Set on a picturesque, tree-lined street in the Clifton/Glover area, this 4-bedroom, 1.5-bath Colonial offers 1,714 sq. ft. of character-filled living, hardwood floors, a detached garage and a fenced backyard with beautiful perennial gardens—all just minutes from Preston Beach.Enjoy exceptional proximity to Glover School, Vinnin Square, Tedesco Country Club and the Lynch/Van Otterloo YMCA, with easy access to downtown Marblehead and the Swampscott commuter rail.Your introduction to 43 Ruby Avenue begins before you even enter through the front door. A sun-filled three-season porch lined with beautiful windows creates a welcoming spot for morning coffee, a good book or simply watching the neighborhood go by. The front door leads inside to an elegant foyer and a home filled with natural light, hardwood floors, original character and timeless New England details.The living room flows naturally into the dining room with an original built-in china cabinet adding craftsmanship and history. A new slider opens to the deck overlooking one of the home's most special features—a fenced backyard filled with mature perennial gardens lovingly planted, cultivated and cared for over the last 30 years. Wander beneath the vine-covered trellis and follow the garden path along the side of the home—a private outdoor retreat that has been decades in the making.At the rear of the home, French doors connect the deck and backyard to a convenient mudroom/drop zone and kitchen, with easy access to the driveway and detached garage.Upstairs are four bedrooms and a full bath, providing wonderful flexibility for today's lifestyle. Don't need four bedrooms? Create the home office, craft room, dressing room or creative space you've been wanting.With four bedrooms, hardwood floors, flexible living space, a detached garage, deck, fenced backyard, established perennial gardens and a location close to the beach, schools, shopping and commuter access, 43 Ruby Avenue offers the opportunity to enjoy the charm, character and coastal lifestyle of Marblehead.

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: 857 sq ft (the lesser of 900 sq ft or half the 1,714 sq ft principal dwelling). Lot size: 3,999 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.