20 Ocean Ave #4 Marblehead — Photo 1 of 29
Recent Drop: $45,100
$949,900
Investment Analysis — 20 Ocean Ave #4
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 2.29% cap rate and $21,771/yr in estimated NOI at the $949,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,725
Style
Single Family
Built
1980
This impressive and spacious 4-bedroom condominium offers a great alternative to a single-family home. Wonderfully located just minutes from Devereux Beach and close to downtown Marblehead, it offers a lifestyle everyone will enjoy. With a private front entrance and exceptional interior flow, the home lives like a single-family while offering the ease and convenience of condominium living. The updated kitchen and baths provide a level of comfort and style found in the finest homes. Offering 4 bedrooms, 2.5 baths including an ensuite primary bedroom, along with a family room, living room, dining area, and a temperature-controlled bonus room (wine, office, playroom) there is ample space for both everyday living and entertaining. Enjoy relaxing on the private deck overlooking the shared pool and beautifully landscaped grounds. Ocean Court is a well-established and meticulously maintained community located in the heart of Marblehead, one of the North Shore’s most cherished coastal towns.
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 2,725 sq ft principal dwelling). Lot size: 37,418 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.
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Property Details
Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$949,900
Was $995,000
Aug 12, 2026
MLS® 73546646
$995,000
Jun 23, 2026
MLS® 73546646
$435,000
Jun 15, 2010
MLS® 71020267
$499,000
Jan 18, 2010
MLS® 71020267
Listing Agent: Team Harborside
Listing Office: Sagan Harborside Sotheby's International Realty
MLS® Number: 73546646
