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Beverly 01915
10 Chipman Rd
$404,000
● House - Off Market

10 Chipman Rd

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$590,978
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Wonderful Cape style home in great North Beverly location! Features include 4 generously sized bedrooms, 1 full bath, family room/sunroom area with doors leading to the back deck, large eat-in kitchen with newer cabinets and laminate countertops. Living room with wood burning fireplace and lots of natural light. Great floorplan and home has been well maintained. Plenty of closet and basement storage, 200 AMP electrical service and  generator hookup. Large level backyard perfect for summer entertaining! Don't miss this wonderful home in a prime location! Close to train, shopping and highway access! OFFERS DUE MONDAY 5/7 BY 5PM
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$292
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1951

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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 #72318878)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
May 2, 2018 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Nov 19, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,572
  • Gross Building Area: 3,088
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONANT VILLAGE
  • Land Acres: 0000000184
  • 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: 217102

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0067 B:0016 L:
  • Block: 16
  • Municipality: BEVERLY
  • Latitude: 42.576
  • Longitude: -70.8937

    Address

  • Full Address: 10 Chipman Rd
  • Address - House Number: 10
  • Address - Street Name: Chipman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C016
  • 4-Digit Zip Code: 1767
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $601,500

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 632,187
  • High Value: 746,381
  • Low Value: 517,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,600
  • Assessed Land Value: $329,000
  • Assessed Improvements Value: $206,600

    Sales

  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180615002050
  • Previous Sale Recording Date: Nov 19, 1997
  • Previous Sale Amount: $180,000
  • 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

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# 72318878

Frequently Asked Questions

When was property at 10 Chipman Road built and last sold?
The property at 10 Chipman Road was built in 1951 and last sold on Jan 1, 1970 for $404,000.
How much is this home worth?
The estimated value of the home located at 10 Chipman Road is $416,677.
What are some comparable homes to 10 Chipman Road?
There are currently no comparable homes to 10 Chipman Road.
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