Active

117 Days on market

98 Evans Rd Marblehead — Photo 1 of 41

Recent Drop: $150,000

$1,849,000

$1,699,000

Investment Analysis — 98 Evans Rd

Marblehead, MA 01945

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 1.45% cap rate and $24,716/yr in estimated NOI at the $1,699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,200

Style

Single Family

Built

2026

Come home to rooms that feel bright, open, and easy to live in. This newly built Modern Colonial in Marblehead brings the kitchen, dining, and living areas together beneath nine-foot ceilings, with white oak floors and oversized black-framed windows carrying natural light across the main level. A fireplace anchors the living room, while the kitchen’s large island, quartz countertops, and custom cabinetry make it a natural place to gather.A first-floor bedroom with its own bath offers flexibility for guests or anyone who prefers to stay on the main level. Upstairs, the primary suite includes a soaking tub and tiled shower, with additional bedrooms and baths nearby or in the bedroom. The finished lower level gives you room to make your own, whether that means a media room, workout space, playroom, or home office.A one-car garage and EV charging add everyday convenience. Come walk through 98 Evans Road and see how comfortably the spaces work together.

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 3,200 sq ft principal dwelling). Lot size: 7,484 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.