Active
18 Days on market
2 Mariners Ln Marblehead — Photo 1 of 34

2 Mariners Ln Marblehead — Photo 1 of 34

$1,695,000

Investment Analysis — 2 Mariners Ln

Marblehead, MA 01945

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01945 carries an estimated $3,080/mo in gross rent — about a 0.56% cap rate and $9,549/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,915

Style

Single Family

Built

1948

Located in the heart of Old Town Marblehead, 2 Mariners Lane offers beautiful harbor views from both the second and third floors and has been thoughtfully updated throughout. The third floor is dedicated to the primary suite, creating a private retreat above it all. Step outside onto the expansive deck with an electric awning and take in sweeping views across Marblehead Harbor - a peaceful setting for morning coffee, unwinding at the end of the day, and watching the boats come and go. The home offers three levels of living with 2.5 updated bathrooms, with radiant heated flooring in both full baths. Custom California Closets throughout provide thoughtfully designed storage while maintaining a clean, refined feel. Extensive updates include electrical and plumbing throughout, enhanced insulation, central air on the first two floors, a Mitsubishi heating and cooling system on the third floor, a new furnace installed in 2025, and on-demand hot water. Outside, the beautifully landscaped backyard is filled with perennial shrubs and flowers, offering an inviting space for outdoor dining and entertaining. Enjoy the best of Old Town Marblehead, with shops, restaurants, the waterfront, Crocker Park, Fort Sewall, the town landing, and several yacht clubs all nearby. With its sweeping harbor views, private third-floor primary suite, extensive updates, and exceptional downtown location, 2 Mariners Lane offers a special opportunity to enjoy the best of Marblehead living.

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$1,695,000
Annual Taxes$10,141
HOA Fee$700

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood
BasementCrawl Space

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationBlock
ZoningH

Property & Lot

Acres0.04
SqFt Lot1,873
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBathroom 3
Second
Living RoomDining RoomKitchenBathroom 2
First
Bedroom 2Bedroom 3Bathroom 1
Living Room
Lvl Second

23.7 x 19.1

Dining Room
Lvl Second

12.1 x 10.11

Kitchen
Lvl Second

11.7 x 10.11

Master Bedroom
Lvl Third

18.1 x 17.3

Bedroom 2
Lvl First

9.4 x 11.6

Bedroom 3
Lvl First

14 x 10.11

Bathroom 1
Lvl First

5.4 x 7.9

Bathroom 2
Lvl Second

2.9 x 5.11

Bathroom 3
Lvl Third

7.5 x 10

Listing Provided By

Listing Agent: The Sarkis Team

Listing Office: Douglas Elliman Real Estate - The Sarkis Team

MLS® Number: 73567922