
35 Arthur Avenue Marblehead — Photo 1 of 37
$1,995,000
Investment Analysis — 35 Arthur Avenue
Marblehead, MA 01945 — Chapel Pines
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 0.81% cap rate and $16,196/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,992
Style
Single Family
Built
1949
Set on nearly three-quarters of an acre in a private Chapel Pines setting, this expansive 4/5-bedroom Colonial offers exceptional space, privacy, and a wonderful connection to the outdoors. Abutting conservation land, the beautifully landscaped grounds create a peaceful retreat with rolling lawns, irrigation, an outdoor shower, and an impressive 27’ x 38’ bluestone terrace designed for outdoor entertaining. Inside, hardwood floors extend throughout most of the home, complemented by tile in the bathrooms, mudroom and laundry room. The spacious kitchen is beautifully equipped with an oversized island, Sub-Zero refrigerator, six-burner Thermador range, Thermador dishwasher, wine cooler, and informal dining area. The family room provides an inviting place to gather, while the gracious living room features crown molding, custom built-ins, and a wood-burning fireplace. The formal dining room is equally well appointed with crown molding and a built-in china cabinet. Three wood-burning fireplaces—in the family room, living room, and lower level—bring warmth and character throughout the home.Upstairs, the exceptional primary suite is a true retreat, featuring a spacious walk-in closet, beautifully tiled bath with soaking tub and separate glass-enclosed shower, and a private composite deck overlooking the lush lawn and peaceful natural surroundings. Additional bedrooms provide plenty of space and flexibility for family, guests, or a home office. The finished, carpeted lower level offers additional living and recreation space along with the home’s third wood-burning fireplace, while a large unfinished basement area provides ample storage. A spacious walk-up attic offers even more valuable storage and future flexibility. Gas forced hot air heat and two mini-splits providing air conditioning and supplemental heat offer year-round comfort. A generous mudroom, two-car garage, paver driveway, seasonal water views, and convenient access to commuting routes complete this beautifully appointed home—a rare combination of space, privacy, and timeless character.
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 3,992 sq ft principal dwelling). Lot size: 27,007 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Bike Path • Conservation Area • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl SecondFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl SecondListing Agent: Willis + Tierney
Listing Office: Compass
MLS® Number: 73573407
