CCertihomes
2 Foster St, Marblehead, MA 01945

$3,750,000

5 beds 6 baths 5,835 sqft Built 1986406 days on marketActive

About this home

REDGATE is a prestigious Marblehead Neck modern shingle-style home nestled directly on Marblehead Harbor. The home was featured in Better Homes & Garden's TRADITIONAL HOME MAGAZINE. This property presents a unique opportunity with a "Gardener's Cottage" (in-law apartment) attached to the main house. The Cottage consists of 2 bedrooms, kitchen, dining area, living room, bathroom and direct walkout access to a deck and hidden courtyard. The main home has 3 bedrooms, 3 full bathrooms and 2 half, dramatic Great Room, family room and den. The entire third floor is a primary private suite with a sitting room, large harbor facing deck and 2 bathrooms. The grounds included a gated driveway with 4-car Carriage House with an unfinished second floor with ample storage or room for future expansion. The property includes a shared harbor front pier and dock. The property is being sold in "As Is" condition.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$24,543/mo

Real estate (PITI + HOA + PMI)
$25,424
Principal + interest$17,008
Property tax + insurance$7,010
PMI / 2nd mortgage$1,406
Utilities
$622
Heating + cooling$152
Internet + TV + phone$158
Water + sewer + garbage$55
Transportation
$110
Car insurance + maintenance$110
Other (entertainment)
$158
$24,543/mo TLC
Budget$25,043/mo
Remaining after TLC$500/mo
Purchase price
$3,750,000
Down payment
$187,500 (5%)
Loan amount
$3,562,500
APR
4%

Quick facts

Type
Single Family Residence
Style
Shingle
Year built
1986
Lot size
0.53 ac
Stories
0
Heating
Baseboard, Natural Gas, Fireplace
Cooling
Ductless, Whole House Fan
Water
Public
HOA
Annual tax
$41,120
MLS #
73071243
County
Essex

At a glance

Fireplace
Garage (4)
Dishwasher
Balcony
Waterfront

Home features

Appliances
OvenDishwasherDisposalTrash CompactorMicrowaveCountertop RangeRefrigeratorWasherDryerUtility Connections for Electric RangeUtility Connections for Gas DryerUtility Connections for Electric Dryer
Interior
Bathroom - FullBathroom - Tiled With Shower StallBathroom - With Shower StallCeiling - CathedralClosetDining AreaAttic AccessCloset - DoubleWet barBreakfast Bar / NookRecessed LightingSunkenCrown MoldingCloset/Cabinets - Custom BuiltBalcony - InteriorOpen Floor PlanBathroomInlaw Apt.DenSitting RoomGreat RoomCentral Vacuum
Exterior
Balcony / DeckDeckDeck - WoodPatioSprinkler SystemStone Wall
Community
ShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaHouse of WorshipPrivate SchoolPublic SchoolUniversity
Parking
DetachedStorageWorkshop in GarageOff StreetDriveway
Fireplace
Family Room
Kitchen
Bathroom - HalfCloset/Cabinets - Custom BuiltFlooring - WoodWindow(s) - Bay/Bow/BoxDining AreaBalcony / DeckPantryCountertops - Stone/Granite/SolidCountertops - UpgradedFrench DoorsBreakfast Bar / NookCabinets - UpgradedDeck - ExteriorExterior AccessOpen FloorplanRecessed LightingRemodeled
Flooring
Wood, Tile, Flooring - Wood, Flooring - Hardwood
Roof
Shingle
Sewer
Public Sewer

Lot features

Easements, Level

Neighborhood — 01945

MetricThis ZIPCountyUSA
Population19,4896,444,931299,088,112
Population Change Since19903.00%7.00%20.00%
Population Density4,365786
Male9,2553,127,134147,432,321
Female10,2343,317,797151,655,844
Never Married3,4091,612,88563,775,926
Married9,2702,586,314123,120,365
Separated489247,85712,639,686
Widowed1,120363,59415,467,586
Divorced1,429436,88823,075,029
Number Of House Hold8,2012,431,591111,826,380
Average House Hold Size2.362.562.60
Medial Age43.0137.2535.46
Median House Hold Income$83,956$57,698$48,276
Average House Hold Income$122,682$75,023$63,629
P C I$52,397$29,196$24,529
M D I$67,188$48,105$41,133
A T H E$81,810$57,083$50,898
S T R5.00%5.00%
W C J83.12%81.38%77.74%
(Zip) Code
1945

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 1/17/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.