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Beverly 01915
1 Hemlock Street
$685,120
● House - Off Market

1 Hemlock Street

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,992 Ft²
$993,456
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Wonderful village Colonial just a few minutes from both desirable West Beach and the Beverly Farms commuter rail. Nice private corner location and a commanding presence on the lot leads to a wonderful home with a very cozy interior. The first floor includes a welcoming entrance, front to back living room with a fireplace, dining room, eat-in kitchen, powder room, family room with french doors off to a brick patio and an attached 2 car garage. The second level  has 4 bedrooms and an updated bath. There are hardwood floors and a lovely private backyard. The home is in mint condition and a sunny, bright location.
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$349
Property Type
House
Property Taxes
$665
HOA Dues
-
Year Built
1950

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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 #72457380)

Price History

Date / Event Date Event Price
May 24, 2019 Sold
Premium
Sold
Feb 26, 2019 Listed by J. Barrett & Company $695,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,695
  • Total Building Area: 1,992
  • Gross Building Area: 3,378
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 217602

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0050 B:0027 L:
  • Block: 27
  • Municipality: BEVERLY
  • Latitude: 42.566
  • Longitude: -70.8084

    Address

  • Full Address: 1 Hemlock St
  • Address - House Number: 1
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C034
  • 4-Digit Zip Code: 2217
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,009,000

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,009,881
  • High Value: 1,181,025
  • Low Value: 838,736

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $898,500
  • Assessed Land Value: $600,000
  • Assessed Improvements Value: $298,500

    Sales

  • Current Sale Contract Date: May 23, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190524004240
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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2981 ft²

Average Home Age

86.4 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72457380

Frequently Asked Questions

When was property at 1 Hemlock Street built and last sold?
The property at 1 Hemlock Street was built in 1950 and last sold on May 23, 2019 for $685,120.
How much is this home worth?
The estimated value of the home located at 1 Hemlock Street is $714,416.
What are some comparable homes to 1 Hemlock Street?
There are currently no comparable homes to 1 Hemlock Street.
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