CCertihomes
20 Prospect Street, Marblehead, MA 01945

$1,100,000

2 beds 2 baths 1,283 sqft Built 18584 days on marketActive

About this home

Located in downtown Marblehead & all this seaside town has to offer right outside your doorstep, this perfect home is the epitome of easy living! Fully renovated down to the studs, this coastal home is completely turn key. Step right into a prosperous CASH COW investment opportunity grossing over $90, 000 for 2023 and boasting a top 5% of all Airbnb homes ranking.The first floor consists of a lovely living room with wet bar, half bath and spotless eat-in kitchen with gas cooking, stainless steel appliances & quartz countertops. Take your dining to the covered deck that overlooks a lovely backyard. Upstairs is the primary suite with built-ins & a beautiful full bathroom. Also on this floor is another bedroom area & laundry. The lowest level is a walkout & features a fireplaced family room. There is an additional building that could be another sleeping space or home office. Modern conveniences abound with central heat and air-conditioning, fully fenced in yard & off-street parking!

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
$6,982/mo

Real estate (PITI + HOA + PMI)
$6,959
Principal + interest$4,989
Property tax + insurance$1,557
PMI / 2nd mortgage$413
Utilities
$444
Heating + cooling$60
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$110
Car insurance + maintenance$110
Other (entertainment)
$158
$6,982/mo TLC
Budget$7,482/mo
Remaining after TLC$500/mo
Purchase price
$1,100,000
Down payment
$55,000 (5%)
Loan amount
$1,045,000
APR
4%

Quick facts

Type
Single Family Residence
Style
Antique
Year built
1858
Lot size
0.05 ac
Stories
0
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water
Public
HOA
Annual tax
$6,291
MLS #
73239503
County
Essex

At a glance

Air conditioning
Fireplace
Basement
Dishwasher

Home features

Appliances
Water HeaterRangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer
Interior
Home Office-Separate EntryWet Bar
Exterior
DeckPatioCovered Patio/DeckFenced YardGardenGuest House
Parking
Paved DriveOff StreetDriveway
Flooring
Wood, Tile
Roof
Shingle
Sewer
Public Sewer

Schools

Elementary
Public/Private
Middle
Public/Private
High
Public/Private

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.

Map & walkability

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MLSPIN

Listing information last refreshed 5/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.