
5 Bartlett St Marblehead — Photo 1 of 37
$2,695,000
Investment Analysis — 5 Bartlett St
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 0.52% cap rate and $14,120/yr in estimated NOI at the $2,695,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
4,186
Style
Single Family
Built
1920
A rare offering in Marblehead to own a stately expanded Center Entrance Colonial in one of Marblehead's most desirable seaside neighborhoods, just a short stroll to Preston Beach. This impeccably maintained 4 bedroom coastal home blends timeless New England architecture with many updates and ocean views. The exceptional primary suite is a true retreat, featuring a fireplace, custom built-ins, a walk-in closet, and a stunning bath with a soaking tub and custom finishes. Three full and two half baths, a dedicated home office, and a thoughtfully designed mudroom provide outstanding everyday functionality. Rich architectural details, generous living spaces, abundant natural light, and quality craftsmanship create a warm and inviting atmosphere ideal for both comfortable living and entertaining. The carriage house offers two garage bays, a potting shed, and unfinished second-floor space ready to become a home office, guest suite, artist's studio, fitness room, or additional living area. The meticulously maintained grounds showcase mature plantings, lush lawns, perennial gardens, and seasonal highlights that provide exceptional beauty and privacy throughout the year. Enjoy the best of Marblehead living with beaches, parks, schools, historic downtown, Marblehead Harbor, shops, restaurants, and walking trails. A truly exceptional luxury property offering timeless character, modern convenience, and an unmatched coastal lifestyle.
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 4,186 sq ft principal dwelling). Lot size: 16,775 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
Gas Water Heater • Range • Oven • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Bike Path • Conservation Area • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 22
Dining Room
Lvl First14 x 12
Kitchen
Lvl First23 x 15
Family Room
Lvl First17 x 28
Master Bedroom
Lvl Second14 x 22
Bedroom 2
Lvl Second14 x 15
Bedroom 3
Lvl Second14 x 10
Bedroom 4
Lvl Third13 x 15
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl ThirdListing Agent: Jack Attridge
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73573370