Active Under Contract
11 Days on market
11 Hillcrest Rd Marblehead — Photo 1 of 41

11 Hillcrest Rd Marblehead — Photo 1 of 41

$1,659,000

Investment Analysis — 11 Hillcrest 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 1.16% cap rate and $19,233/yr in estimated NOI at the $1,659,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,567

Style

Single Family

Built

1935

Held by the same family for three decades, 11 Hillcrest Road represents a rare opportunity to secure a significant footprint in one of Marblehead’s most coveted neighborhoods. This residence offers a strategic floor plan that masterfully balances classic architectural character with modern functionality, serving as a sophisticated canvas for a bespoke transformation. The main level is designed for high-impact living, featuring a vast, open-concept kitchen and living area with vaulted ceilings anchored by a dedicated formal dining room with built in china cabinets, a formal living room and a private executive office. Upstairs, the accommodations are defined by scale, including a sprawling primary suite with a substantial en-suite bathroom which includes laundry. Two more large bedrooms are also found on this floor as well as a full bathroom. The third floor adds further versatility as a secluded retreat with its own bedroom, bathroom with shower, custom cedar closet and even more storage. There is another recreation area in the basement that has just been freshly carpeted. Equally impressive is the exterior, where an oversized deck overlooks an expansive yard—a significant land asset for this premier location. The Glover school is just a stone's throw away. With robust bones and a heritage of care this property is a sound investment, perfectly positioned for the next generation!

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 3,567 sq ft principal dwelling). Lot size: 17,641 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.

Property Details

Financials

Original Price$1,659,000
Annual Taxes$11,684

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms10
Fireplaces2
Flooring--
BasementPartially Finished, Garage Access

Climate & Utilities

HeatingElectric Baseboard, Natural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningRES

Property & Lot

Acres0.4
SqFt Lot17,641
Lot FeaturesSloped

Amenities & Appliances

Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: Elizabeth Guenard

Listing Office: Compass

MLS® Number: 73570372