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Beverly 01923
1 Shortell Ave
$515,000
● House - Off Market

1 Shortell Ave

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,793 Ft²
$777,875
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Welcome home to your relaxing oasis. This stunning Colonial with serene views of the Danvers River is beckoning for a new owner. This sun-drenched residence has been lovingly maintained and updated and features three bedrooms, two and one half bathrooms, an office, Harvey windows, and new central air and heating system (installed in 2014). Enjoy the summer breezes on the private balcony off the master bedroom with its en-suite bathroom with jetted tub and walk-in closet.  The flexible floor plan is ideal for entertaining in the updated eat-in-kitchen or on patio. Enjoy the serenity that this home provides. Showings begin at the open houses on Friday April 15th 5:30PM to 7PM and Sunday April 17th 11am to 12:30PM. Any offers due on Monday April 18th at 5PM. Please allow 24 hours for responses.
Unit Size
1,793 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$259
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71988077)

Price History

Date / Event Date Event Price
Jun 9, 2016 Sold
Premium
Sold
Apr 14, 2016 Listed by J. Barrett & Company $465,000
Listed by J. Barrett & Company
Jul 29, 2008 Sold
Premium
Sold
May 29, 2008 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Oct 28, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 480
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,352
  • Total Building Area: 1,809
  • Gross Building Area: 2,506
  • Building Area: 1,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,809
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0008 B:046A L:
  • Block: 46A
  • Municipality: BEVERLY
  • Latitude: 42.5503
  • Longitude: -70.9112

    Address

  • Full Address: 1 Shortell Ave
  • Address - House Number: 1
  • Address - Street Name: Shortell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C023
  • 4-Digit Zip Code: 3973
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,800

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 711,734
  • High Value: 832,757
  • Low Value: 590,712

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,400
  • Assessed Land Value: $340,700
  • Assessed Improvements Value: $174,700

    Sales

  • Current Sale Recording Date: Jun 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 311
  • Previous Sale Recording Date: Jul 29, 2008
  • Previous Sale Amount: $394,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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# 71988077

Frequently Asked Questions

When was property at 1 Shortell Avenue built and last sold?
The property at 1 Shortell Avenue was built in 1910 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 1 Shortell Avenue is $487,248.
What are some comparable homes to 1 Shortell Avenue?
There are currently no comparable homes to 1 Shortell Avenue.
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