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Beverly 01915
1 Thomas Rd
$383,000
● House - Off Market

1 Thomas Rd

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$647,937
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

What a great location! The best of both worlds! Moments to everything - Cove beaches, Rte 128, YMCA, downtown and train station but located on a quiet dead end street. This four bedroom home has been lovingly owned by one family for 50 years. Enjoy the fire placed living room, hardwood floors throughout and separate formal dining room. The original kitchen has plenty of room for a breakfast table and a first floor family room has sliders opening out to a spacious screen porch. Upstairs are four nice sized bedrooms, hardwood floors and a full bath. The roof is less then 10 years old, windows have been replaced and there is lots of space for storage in the basement and attic. Don't miss this one!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$241
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1965

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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 #71916426)

Price History

Date / Event Date Event Price
Nov 17, 2015 Sold
Premium
Sold
Oct 8, 2015 Listed by Keller Williams Realty Evolution $369,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 768
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,574
  • Total Building Area: 1,536
  • Gross Building Area: 2,832
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000426
  • 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: 217601

Zoning

  • Zoning: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0045 B:0041 L:
  • Block: 41
  • Municipality: BEVERLY
  • Latitude: 42.5669
  • Longitude: -70.8535

    Address

  • Full Address: 1 Thomas Rd
  • Address - House Number: 1
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 2021
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,100

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 695,133
  • High Value: 813,448
  • Low Value: 576,818

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,100
  • Assessed Land Value: $347,700
  • Assessed Improvements Value: $229,400

    Sales

  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 276
  • Previous Sale Recording Date: Feb 25, 2003
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71916426

Frequently Asked Questions

When was property at 1 Thomas Road built and last sold?
The property at 1 Thomas Road was built in 1965 and last sold on Jan 1, 1970 for $383,000.
How much is this home worth?
The estimated value of the home located at 1 Thomas Road is $394,023.
What are some comparable homes to 1 Thomas Road?
There are currently no comparable homes to 1 Thomas Road.
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