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Beverly 01915
10 Arbella Drive
$375,000
● House - Off Market

10 Arbella Drive

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,240 Ft²
$688,742
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Here's a great opportunity to own in Centerville. This property is on a large private lot, and cul-de-sac. A much larger feeling home than the living area indicates.  Walking through the front door, the home welcomes you with cathedral ceilings in the living room, kitchen and dining areas. Off the kitchen is a year round sunroom that is insulated and heated. Walk out to the deck from the sunroom to a quiet and peaceful back yard setting. The huge BONUS to this property is the very large garage capable of parking 4 cars. It has a single 20'' wide by 10' high single door, a 12 ft high ceiling, some finished space above and room for storage or possibly finish for better use. Garage size is 27' wide by 35' deep. You won't find many garage spaces like this around.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$306
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1973

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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 #71637270)

Price History

Date / Event Date Event Price
Jul 25, 2014 Sold
Premium
Sold
Feb 26, 2014 Listed by Keller Williams Realty Evolution $379,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 560
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,721
  • Total Building Area: 1,200
  • Gross Building Area: 2,112
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001164
  • 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: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0098 B:0018 L:
  • Block: 18
  • Municipality: BEVERLY
  • Latitude: 42.586
  • Longitude: -70.8319

    Address

  • Full Address: 10 Arbella Dr
  • Address - House Number: 10
  • Address - Street Name: Arbella
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C036
  • 4-Digit Zip Code: 1402
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,600

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 708,284
  • High Value: 817,784
  • Low Value: 598,784

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,600
  • Assessed Land Value: $374,400
  • Assessed Improvements Value: $203,200

    Sales

  • Current Sale Recording Date: Jul 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72500476
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 71637270

Frequently Asked Questions

When was property at 10 Arbella Drive built and last sold?
The property at 10 Arbella Drive was built in 1973 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 10 Arbella Drive is $393,343.
What are some comparable homes to 10 Arbella Drive?
There are currently no comparable homes to 10 Arbella Drive.
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