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Beverly 01915
1 Overlook Avenue
$360,000
● House - Off Market

1 Overlook Avenue

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$651,064
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Wonderful opportunity to settle in this desirable neighborhood so near to stores, beaches, and Golf & Tennis Club! This spacious 4 Bedroom raised ranch home offers many updates including newer vinyl siding, new kitchen with corian counters and numerous cabinets with built in wine rack,hardwood floors throughout main living area .A fabulous heated sunroom opens onto a private deck overlooking a secluded backyard. A great spot for all those summer barbecues. Great landscaping with sprinkler system, and garage.  This lovely home also offers a terrific commuting location....convenient to rte 128, 95 and 62. and the Boston commuter train is nearby. Also close to shopping, The Cummings Center, schools, playgrounds, YMCA and Endicott College.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$304
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1971

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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 #71846681)

Price History

Date / Event Date Event Price
Aug 7, 2015 Sold
Premium
Sold
May 28, 2015 Listed by Keller Williams Realty $375,000
Listed by Keller Williams Realty
Sep 18, 2009 Sold
Premium
Sold
May 26, 2009 Listed by Keller Williams Realty $319,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 936
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,117
  • Total Building Area: 1,232
  • Gross Building Area: 2,484
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0019 B:057A L:
  • Block: 57A
  • Municipality: BEVERLY
  • Latitude: 42.5579
  • Longitude: -70.8923

    Address

  • Full Address: 1 Overlook Ave
  • Address - House Number: 1
  • Address - Street Name: Overlook
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C021
  • 4-Digit Zip Code: 2427
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $664,900

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 667,857
  • High Value: 784,758
  • Low Value: 550,956

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,100
  • Assessed Land Value: $332,800
  • Assessed Improvements Value: $259,300

    Sales

  • Current Sale Recording Date: Aug 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 295
  • Previous Sale Recording Date: Sep 18, 2009
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 27
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

3001 ft²

Average Home Age

87.3 years

Currently For Sale

52 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# 71846681

Frequently Asked Questions

When was property at 1 Overlook Avenue built and last sold?
The property at 1 Overlook Avenue was built in 1971 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 1 Overlook Avenue is $386,402.
What are some comparable homes to 1 Overlook Avenue?
There are currently no comparable homes to 1 Overlook Avenue.
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