Active Under Contract
11 Days on market
2 Stone Ter Marblehead — Photo 1 of 23

2 Stone Ter Marblehead — Photo 1 of 23

$1,599,000

Investment Analysis — 2 Stone Ter

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 1.15% cap rate and $18,324/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,448

Style

Single Family

Built

1986

Perched on a quiet dead-end street, this beautifully updated Colonial offers breathtaking water and harbor views from nearly every room. Wake up to panoramic coastal vistas from three bedrooms, unwind in the inviting living room, and enjoy the ever-changing scenery from the kitchen. The primary suite features a private deck where you can savor your morning coffee or relax as the sun sets over the harbor. Outdoor living is equally exceptional, with a charming covered porch and spacious patio providing the perfect settings for entertaining or simply taking in the serenity and fresh ocean air. Just steps from beach access, you'll enjoy the very best of coastal living—from peaceful morning walks to spectacular sunsets that paint the sky year-round. Easy to launch a kayak or paddleboard make access to your mooring convenient and fun. Combining timeless charm with thoughtful updates, this exceptional home offers a rare opportunity to embrace a waterfront lifestyle in a tranquil setting while remaining close to everything you need. Numerous updates, beautiful two car garage and A/C complete this great home.

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 2,448 sq ft principal dwelling). Lot size: 5,001 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$1,599,000
Annual Taxes$12,593

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces2
FlooringWood, Tile
BasementNone

Climate & Utilities

HeatingBaseboard, Oil
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR

Property & Lot

Acres0.11
SqFt Lot5,001
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator

Neighborhood

Walk/Jog Trails • Bike Path • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Team Harborside

Listing Office: Sagan Harborside Sotheby's International Realty

MLS® Number: 73570398