
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second23.7 x 19.1
Dining Room
Lvl Second12.1 x 10.11
Kitchen
Lvl Second11.7 x 10.11
Master Bedroom
Lvl Third18.1 x 17.3
Bedroom 2
Lvl First9.4 x 11.6
Bedroom 3
Lvl First14 x 10.11
Bathroom 1
Lvl First5.4 x 7.9
Bathroom 2
Lvl Second2.9 x 5.11
Bathroom 3
Lvl Third7.5 x 10
Listing Agent: The Sarkis Team
Listing Office: Douglas Elliman Real Estate - The Sarkis Team
MLS® Number: 73567922
