$95,000
●
Condo -
Off Market
10-12 Summit Ave #2
Beverly, MA 01915
1 Bed
1 Bath
645 Ft²
$186,312
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model
About This Property
Summit Avenue Condominium is just up the street from Beverly Harbor
and has good access to the commuter train and downtown shops and
restaurants! This spacious first floor unit has wall to wall
carpet, tile, open floor plan between kitchen and living area and
sliders to patio...A stove and microwave hood vent will be
installed into the property prior to close of escrow at the
seller's expense. See Firm Remarks for seller's pre-approval
instructions
Unit Size
645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
Condo
Property Taxes
$124
HOA Dues
$280
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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 months ago (MLSPIN #71316088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2012 | Sold | ||
| Sold | |||
| Dec 1, 2011 | Listed by Cameron Real Estate Group | $92,100 | |
| Listed by Cameron Real Estate Group | |||
| | |||
|
Summit Avenue Condominium is just up the street from Beverly Harbor and has good access to the commuter train and downtown shops and restaurants! This spacious first floor unit has wall to wall carpet, tile, open floor plan between kitchen and living area and sliders to patio...A stove and microwave hood vent will be installed into the property prior to close of escrow at the seller's expense. See Firm Remarks for seller's pre-approval instructions
| |||
| Dec 8, 2000 | Sold | ||
| Sold | |||
| Jul 13, 2000 | Listed | $117,500 | |
| Listed | |||
| | |||
|
BEVERLY'S FINEST HARBOR COMMUNITY. SINGLE & MULTI LEVEL LIVING, FULLY APPLIANCED KITCHENS AND BEAUTIFUL OPEN VIEWSY ALL AGENTS MUST ACCOMPANY BUYERS ON 1ST SHOWING FORROOMS ON COMPENSATION. 10% REFERRAL FEE OFF TOP.
| |||
Property Highlights
Parking Available
Elevator
Parking Details
Has Garage
Parking Features: Assigned, Off Street
Interior Details
Full Bathrooms: 1
Flooring Type: Carpet
Laundry Features: Common Area, In Building
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Square Footage: 645
Year Built Source: Public Records
Year Built: 1985
Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: Summit Avenue Condominiums
Building Area Total: 645
Building Area Units: Square Feet
Patio and Porch Features: Patio, Patio - Enclosed
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $119,500
Tax Annual Amount: $1,483
Utilities Details
Cooling Type: Other
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $280
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/27/2015
|
2 Bed
|
1 Bath
|
833 ft²
|
$179,900
2 Bed
1 Bath
833 ft²
|
$183,000
+1.72%
07/09/2015
|
Joyce Diliegro
J. Barrett & Company
| |
|
10/02/2014
|
2 Bed
|
1 Bath
|
925 ft²
|
$169,800
2 Bed
1 Bath
925 ft²
|
$166,000
-2.24%
04/29/2015
|
Kate Johnson
Compass
| |
|
06/09/2014
|
2 Bed
|
2 Bath
|
887 ft²
|
$189,900
2 Bed
2 Bath
887 ft²
|
$184,900
-2.63%
07/25/2014
|
Peter Lutts
Keller Williams Realty Evolution
| |
|
05/08/2014
|
2 Bed
|
2 Bath
|
877 ft²
|
$179,900
2 Bed
2 Bath
877 ft²
|
$175,000
-2.72%
09/15/2014
|
Jessica Schenkel
Sagan Harborside Sotheby's International Realty
| |
|
03/25/2014
|
2 Bed
|
1 Bath
|
833 ft²
|
$174,900
2 Bed
1 Bath
833 ft²
|
$170,000
-2.80%
06/12/2014
|
Jeffrey Carter
Keller Williams Realty
| |
|
05/13/2013
|
2 Bed
|
1 Bath
|
878 ft²
|
$175,000
2 Bed
1 Bath
878 ft²
|
$170,000
-2.86%
10/22/2013
|
Christine Willard
Harborside Realty
| |
|
12/01/2011
|
1 Bed
|
1 Bath
|
645 ft²
|
$92,100
1 Bed
1 Bath
645 ft²
|
$95,000
+3.15%
07/25/2012
|
Carol St. Pierre
Tache Real Estate, Inc.
| |
|
09/25/2006
|
1 Bed
|
1 Bath
|
744 ft²
|
$165,000
1 Bed
1 Bath
744 ft²
|
$167,000
+1.21%
01/12/2007
|
Jenny May
J. Barrett & Company
| |
|
09/14/2005
|
1 Bed
|
1 Bath
|
779 ft²
|
$182,900
1 Bed
1 Bath
779 ft²
|
$180,000
-1.59%
01/30/2006
|
John Swain
Coldwell Banker Realty - Beverly
| |
|
02/23/2005
|
2 Bed
|
1 Bath
|
851 ft²
|
$214,500
2 Bed
1 Bath
851 ft²
|
$215,000
+0.23%
05/16/2005
|
Jennifer Butler Lafata
Coldwell Banker Realty - Gloucester
| |
|
05/10/2004
|
Loft
|
1 Bath
|
800 ft²
|
$185,000
Loft
1 Bath
800 ft²
|
$185,000
06/30/2004
|
Jennifer Krisko
Don Corbett R. E.
| |
|
11/04/2003
|
2 Bed
|
1 Bath
|
880 ft²
|
$205,000
2 Bed
1 Bath
880 ft²
|
$200,000
-2.44%
04/21/2004
|
Christin Walsh
Vernon A. Martin, Inc.
| |
|
08/14/2003
|
2 Bed
|
2 Bath
|
876 ft²
|
$214,000
2 Bed
2 Bath
876 ft²
|
$205,000
-4.21%
11/14/2003
|
Christin Walsh
Vernon A. Martin, Inc.
| |
|
05/22/2003
|
1 Bed
|
1 Bath
|
833 ft²
|
$179,900
1 Bed
1 Bath
833 ft²
|
$178,000
-1.06%
10/24/2003
|
Joan Mason
Coldwell Banker Realty - Beverly
| |
|
05/15/2003
|
2 Bed
|
1 Bath
|
877 ft²
|
$199,500
2 Bed
1 Bath
877 ft²
|
$205,000
+2.76%
06/27/2003
|
Maryellen Mitchell
J. Barrett & Company
| |
|
02/11/2003
|
2 Bed
|
2 Bath
|
1016 ft²
|
$194,900
2 Bed
2 Bath
1016 ft²
|
$186,000
-4.57%
03/28/2003
|
Paul Rallo
Keller Williams Realty
| |
|
01/14/2003
|
1 Bed
|
1 Bath
|
779 ft²
|
$175,900
1 Bed
1 Bath
779 ft²
|
$170,000
-3.35%
03/14/2003
|
David Roccia
Century 21 North East
| |
|
11/05/2002
|
1 Bed
|
1 Bath
|
744 ft²
|
$169,900
1 Bed
1 Bath
744 ft²
|
$165,000
-2.88%
02/28/2003
|
Patricia Marcotte
RE/MAX Advantage Real Estate
| |
|
05/29/2002
|
2 Bed
|
1 Bath
|
925 ft²
|
$205,000
2 Bed
1 Bath
925 ft²
|
$200,000
-2.44%
08/28/2002
|
Christopher Cornet
Century 21 N. Shore
| |
|
02/14/2002
|
2 Bed
|
1 Bath
|
833 ft²
|
$189,900
2 Bed
1 Bath
833 ft²
|
$185,000
-2.58%
04/12/2002
|
Christopher Cornet
Century 21 N. Shore
| |
|
04/20/2001
|
2 Bed
|
1 Bath
|
852 ft²
|
$159,900
2 Bed
1 Bath
852 ft²
|
$158,900
-0.63%
09/04/2001
|
Christopher Cornet
Century 21 N. Shore
| |
|
07/13/2000
|
2 Bed
|
1 Bath
|
833 ft²
|
$156,000
2 Bed
1 Bath
833 ft²
|
$161,500
+3.53%
01/16/2001
|
Vincent Serino
Century 21 North East
| |
|
07/13/2000
|
2 Bed
|
2 Bath
|
877 ft²
|
$166,500
2 Bed
2 Bath
877 ft²
|
$166,500
12/15/2000
|
Anne Fryar
Millicent Marshall Real Estate
| |
|
07/13/2000
|
2 Bed
|
1 Bath
|
851 ft²
|
$154,900
2 Bed
1 Bath
851 ft²
|
$159,700
+3.10%
01/12/2001
|
Leonora Sheehy
Carlson GMAC Real Estate
| |
|
07/13/2000
|
1 Bed
|
1 Bath
|
631 ft²
|
$110,000
1 Bed
1 Bath
631 ft²
|
$110,000
12/18/2000
|
Vincent Serino
Century 21 North East
| |
|
07/13/2000
|
1 Bed
|
1 Bath
|
645 ft²
|
$117,500
1 Bed
1 Bath
645 ft²
|
$117,500
12/08/2000
|
Vincent Serino
Century 21 North East
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017