6 Calthrope/2 Togan Way Marblehead — Photo 1 of 34
Recent Drop: $250,000
$1,300,000
Investment Analysis — 6 Calthrope/2 Togan Way
Marblehead, MA 01945 — Redd's Pond neighborhood
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 1.60% cap rate and $20,745/yr in estimated NOI at the $1,300,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
4
SqFt
3,074
Style
Single Family
Built
1922
Contractors! Investors! Family Home owners looking for a fix-er-upper to flip or live in! Enjoy seasonal ice skating, fishing and model boat racing on Redd's Pond. Fabulous opportunity to create the home of your dreams on this corner lot. Elevated private patios allow for ease of grilling and relaxing. Second floor bedroom at 6 Calthrope has separate exterior entrance. Second floor above 2 car garage has finished studio/bath/kitchenette with separate entrance and private patio. Roofs on both dwellings are 6 years old as well as paved parking area near garage. Oversized paved driveway on left of garage affords bonus parking or storage. So worth the effort to renovate or rebuild on this corner lot. Wonderful location and just waiting for you to come and imagine the possibilities for all your needs. Bonus factor: Unrestricted zoning classification per town records!! Call for your showing appointment today!
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 3,074 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 17
Dining Room
Lvl First9 x 10
Kitchen
Lvl First15 x 13
Office
Lvl First9 x 14
Family Room
Lvl Second17 x 12
Primary Bedroom
Lvl Second17 x 12
Bedroom 2
Lvl First9 x 13
Bathroom 1
Lvl First7 x 3
Bathroom 2
Lvl Second9 x 2
Bathroom 3
Lvl Second9 x 2
Property History
$1,300,000
Was $1,450,000
Aug 1, 2026
MLS® 73536824
$1,450,000
Was $1,550,000
Jul 8, 2026
MLS® 73536824
$1,550,000
Jun 16, 2026
MLS® 73536824
Listing Agent: Lynne Breed
Listing Office: Sagan Harborside Sotheby's International Realty
MLS® Number: 73536824
