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Beverly 01915
1 Chapman Terrace
$250,000
● House - Off Market

1 Chapman Terrace

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,143 Ft²
$529,138
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

This home sparkles with care & character: a light filled classic bungalow with traditional woodwork/built ins, a new (2007) kitchen and roof in 2008. Honed granite countertops, ergonomically designed cabinets and artistic lighting stand out in this tasteful eat in kitchen. Chic colors in rooms with wood floors are crisp and clean, yet warm and inviting. Like to walk? 10 minutes to the train or beach with all of Beverlys' luscious restaurants & fun eateries in between! Petite yard. Life is good!
Unit Size
1,143 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$227
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71397189)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by RE/MAX Advantage Real Estate $399,900
Listed by RE/MAX Advantage Real Estate
Aug 24, 2012 Sold
Premium
Sold
Jun 14, 2012 Listed by RE/MAX Advantage Real Estate $259,900
Listed by RE/MAX Advantage Real Estate
Dec 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,927
  • Total Building Area: 935
  • Gross Building Area: 1,983
  • Building Area: 935
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 935
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000067
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Beverly School District
  • School Tax School District: BEVERLY SD
  • Census Tract: 217401

Zoning

  • Zoning: RHD

Geography

  • Account Number: RHD
  • Parcel: BEVE M:0011 B:0280 L:
  • Block: 280
  • Municipality: BEVERLY
  • Latitude: 42.55
  • Longitude: -70.88

    Address

  • Full Address: 1 Chapman Ter
  • Address - House Number: 1
  • Address - Street Name: Chapman
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Beverly
  • Carrier Code: C002
  • 4-Digit Zip Code: 5703
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,600

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 616,898
  • High Value: 715,998
  • Low Value: 517,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $486,700
  • Assessed Land Value: $289,000
  • Assessed Improvements Value: $197,700

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201130006040
  • Previous Sale Recording Date: Aug 24, 2012
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Beverly

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 years

Currently For Sale

53 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71397189

Frequently Asked Questions

When was property at 1 Chapman Terrace built and last sold?
The property at 1 Chapman Terrace was built in 1920 and last sold on Nov 24, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 1 Chapman Terrace is $401,540.
What are some comparable homes to 1 Chapman Terrace?
There are currently no comparable homes to 1 Chapman Terrace.
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