Active
3 Days on market
7 Lee #3 Marblehead — Photo 1 of 22

7 Lee #3 Marblehead — Photo 1 of 22

$435,000

Investment Analysis — 7 Lee #3

Marblehead, MA 01945

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01945 carries an estimated $2,160/mo in gross rent — about a 3.61% cap rate and $15,721/yr in estimated NOI at the $435,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

517

Style

Condominium

Built

1830

Perched above one of Marblehead’s most sought after neighborhoods, this beautiful renovated Penthouse condo offers a rare blend of historic charter with modern updates. Sun filled and inviting, this home features warm hardwood floors, exposed beams and coastal-inspired ambiance throughout. The updated kitchen is both stylish and functional. The porcelain waterfall countertops stainless steel appliances, a pot filler, custom cabinetry and a porcelain sink are perfectly integrated into the spacious open living and bedroom with fireplace and harbor views.This space has room for a sitting area and office area. A custom renovated bath showcases clean timeless finishes with a glass enclosed shower. Additional features include in-unit laundry, storage and a cozy deck. This is a postcard setting just minutes from the harbor shopping restaurants, beaches and so much more. A primary home, a weekend getaway or an investment awaits! Don’t Miss This One!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$435,000
Annual Taxes$2,129.73
HOA Fee$154

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms2
Fireplaces1
FlooringWood, Tile
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningCR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Disposal • Refrigerator • Washer/Dryer

Neighborhood

Public Transportation • Shopping • Park • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl Third
Kitchen
Lvl Third
Master Bedroom
Lvl Third
Bathroom 1
Lvl Third

Property History

Listed
$435,000

Sep 9, 2026

MLS® 73573795

Sold
$400,000

Jan 21, 2026

MLS® 73469652

Listed
$375,000

Jan 19, 2026

MLS® 73469652

Listing Provided By

Listing Agent: Siobhan Phelan

Listing Office: Coldwell Banker Realty - Marblehead

MLS® Number: 73573795