
62 Marion Road Ext Marblehead — Photo 1 of 35
$1,499,000
Investment Analysis — 62 Marion Road Ext
Marblehead, MA 01945
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 1.17% cap rate and $17,591/yr in estimated NOI at the $1,499,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,280
Style
Single Family
Built
1978
Classic Clifton Colonial set on a large, private lot in an exceptional location overlooking scenic Ware Pond and abutting conservation land. Just steps from the Marblehead Rail Trail and beautiful public beaches, the home also offers convenient access to Boston, major routes and Logan Airport—an ideal combination of peaceful coastal living and accessibility. The main level features a front-to-back living room with a dramatic beamed cathedral ceiling, floor-to-ceiling stone fireplace and access to a newer composite deck overlooking the peaceful natural surroundings. A gracious dining room is ideal for entertaining, while the updated kitchen offers stainless steel appliances, granite countertops, center island, dining area and sliders to the deck. A versatile family room with custom built-in Murphy bed can easily serve as a home office, guest space or additional bedroom. A laundry/powder room combo completes this level. Upstairs, the spacious primary suite features a full bath and generous walk-in closet/sitting area. Two additional bedrooms, a newly renovated full bath and bonus room—perfect for an office or nursery—complete the second floor. Additional amenities include an oversized two-car garage with direct interior access and new EV charger, central A/C, gorgeous hardwood floors, fenced yard, walk-out lower level, new washer and dryer, new windows/sliders in 2018, an outdoor shower that is perfect for a rinse off after a day at the beach and a putting green for golf enthusiasts. A special opportunity to enjoy space, privacy and a beautiful natural setting, all within easy reach of everything that makes Marblehead such an extraordinary place to call home.
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 2,280 sq ft principal dwelling). Lot size: 10,300 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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Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl SecondListing Agent: Willis + Tierney
Listing Office: Compass
MLS® Number: 73573049