$330,000
●
Condo -
Off Market
6-8 1/2 Devon Ave #2
Beverly, MA 01915
1 Bed
1 Bath
583 Ft²
$310,036
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model
About This Property
Why pay high rent when you can own this gorgeous condo! With
beautiful hardwood floors, an abundance of natural light, a large
kitchen, and ample storage throughout, this 1 bed, 1 bath condo
offers so much for its size. This first floor unit imbues charm
with its mouldings, built-in cabinet, mantle and stunning French
doors that lead to the bedroom. A private back deck
overlooking the shared, fully fenced in backyard adds a spacious
feel to the home. The basement, which each unit owner has private
access to, holds a private storage space and shared laundry room
(for unit 1 and 2) containing private washer and dryer for each
unit. Conveniently located to shopping, restaurants, and the MBTA
while offering the peacefulness of a quiet street. Don't miss this
amazing opportunity!
Unit Size
583 Ft²
Days on Market
-
Land Size
-
Price per sqft
$530
Property Type
Condo
Property Taxes
$218
HOA Dues
$102
Year Built
-
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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 years ago (MLSPIN #73092094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | In contract | - | |
| In contract | |||
| Mar 28, 2023 | Listed by Compass | $309,000 | |
| Listed by Compass | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater
Rooms: 3
Basement: Y
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R10
Parcel Number: M:0080 B:0078 L:0002
Water Source: Public
Financial Details
Tax Assessed Value: $232,300
Tax Annual Amount: $2,616
Utilities Details
Cooling Type: Window Unit(s), None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $102
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2023
|
1 Bed
|
1 Bath
|
583 ft²
|
$309,000
1 Bed
1 Bath
583 ft²
|
$330,000
+6.80%
06/02/2023
|
Shannon Barror
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017