137R Front Marblehead — Photo 1 of 39
$2,200,000
Investment Analysis — 137R Front
Marblehead, MA 01945
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01945 carries an estimated $2,560/mo in gross rent — about a 0.06% cap rate and $1,409/yr in estimated NOI at the $2,200,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,512
Style
Single Family
Built
1966
This harbor front home offers what few water front properties can: a daily connection to the ever-changing rhythm of Marblehead Harbor! Positioned on the town side of the harbor, it captures sweeping 180-degree views of the harbor entrance, Fort Sewall, Children's Island, Chandler Hovey Park, Marblehead Neck Lighthouse, and the constant activity of sailboats, fishing vessels, and pleasure craft. The house is designed to engage with the waterfront with large windows framing the view. A 31'x32' seaside patio, unusually shaped like the prow of a ship, plus a third floor deck overlooking the harbor with an adjacent beach for swimming & kayaking complete the water draw. The approximately 2,500 sq. ft. home features a living/dining room, kitchen, den or office, 2 additional bedrooms, 2.5 baths and a spectacular third-floor Great Room with built-in bookshelves, wet bar, dumbwaiter, exposed-brick wood burning fireplace and direct deck access. A rare opportunity to experience harbor living!
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 2,512 sq ft principal dwelling). Lot size: 3,136 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12.5 x 15.916666666
Flooring - Hardwood, Flooring - Wood, Exterior Access
Dining Room
Lvl Main,FirstFlooring - Hardwood, Flooring - Wood, Deck - Exterior, Exterior Access, Open Floorplan
Kitchen
Lvl Main,First9.833333333 x 13
Flooring - Vinyl, Kitchen Island, Dryer Hookup - Electric, Open Floorplan, Washer Hookup
Office
Lvl First10.333333333 x 12.083333333
Flooring - Hardwood, Flooring - Wood
Family Room
Lvl Third22.416666666 x 32.333333333
Bathroom - Half, Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood, Flooring - Wood, Balcony / Deck, Deck - Exterior, Open Floorplan
Master Bedroom
Lvl Second13.333333333 x 22.416666666
Closet, Flooring - Hardwood, Flooring - Wood
Bedroom 2
Lvl Second10.916666666 x 13.416666666
Bathroom 1
Lvl Main,First5.083333333 x 6.166666666
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Laminate
Bathroom 2
Lvl Second7.666666666 x 8.25
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Third4.666666666 x 5.166666666
Bathroom - Half, Flooring - Wall to Wall Carpet
Listing Agent: Mary Stewart & Heather Kaznoski
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73552747
