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Beverly 01915
10 Parramatta Road
$560,000
● House - Off Market

10 Parramatta Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$653,646
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Cape style home in the Montserrat neighborhood of Beverly. Great location with easy access to the commuter rail station. This home has hardwood floors, a wood burning fireplace and bay window in the living room and a spacious eat-in kitchen. Off of the kitchen is a 3-season room.  Flexibility with the floor plan with one or two bedrooms on the first floor. On the second floor are two rooms and there's a bathroom on each floor. Fabulous .22 acre level yard.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$428
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1947

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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: 5 years ago (MLSPIN #72872737)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 28, 2021 Listed by Keller Williams Realty Evolution $575,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,522
  • Total Building Area: 1,344
  • Gross Building Area: 2,462
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0032 B:0069 L:
  • Block: 69
  • Municipality: BEVERLY
  • Latitude: 42.5612
  • Longitude: -70.868

    Address

  • Full Address: 10 Parramatta Rd
  • Address - House Number: 10
  • Address - Street Name: Parramatta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3650
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,100

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 677,725
  • High Value: 796,353
  • Low Value: 559,097

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,400
  • Assessed Land Value: $386,600
  • Assessed Improvements Value: $187,800

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210831007560
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72872737

Frequently Asked Questions

When was property at 10 Parramatta Road built and last sold?
The property at 10 Parramatta Road was built in 1947 and last sold on Aug 31, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 10 Parramatta Road is $0.
What are some comparable homes to 10 Parramatta Road?
There are currently no comparable homes to 10 Parramatta Road.
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