$175,000
●
Condo -
Off Market
10-12 Summit Avenue #7
Beverly, MA 01915
2 Beds
2 Baths,
1
Half Bath
877 Ft²
$327,990
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model
About This Property
Move right in to this 2 bedroom 1.5 bath townhome located close to
all that Beverly has to offer: beaches, transportation, schools,
shops & restaurants. First floor features a galley kitchen with
pass through to dining area. Living room, with ceiling fan, has a
French door that opens to a composite, private balcony. Half bath
with ceramic tile floor off of kitchen. Second level offers a
spacious master bedroom, with a ceiling fan & views of the harbor.
Second bedroom with ceiling fan. A full bath services both
bedrooms. Updates include: 2012 heat, 2012 AC, new carpet, 2011
electric panel., new hot water heater, new garbage disposal, new
faucets throughout. Association has done extensive renovations to
the exterior: new windows, new sliders, new roof & new siding.
Unit Size
877 Ft²
Days on Market
-
Land Size
-
Price per sqft
$205
Property Type
Condo
Property Taxes
$186
HOA Dues
$455
Year Built
-
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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 #71680298)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2014 | Sold | ||
| Sold | |||
| May 8, 2014 | Listed by Tache Real Estate, Inc. | $179,900 | |
| Listed by Tache Real Estate, Inc. | |||
| Jun 27, 2003 | Sold | ||
| Sold | |||
| May 15, 2003 | Listed by Carlson GMAC Real Estate | $199,500 | |
| Listed by Carlson GMAC Real Estate | |||
| | |||
|
SMELL & FEEL THAT OCEAN BREEZE! SUNNY VIEWS OF BEVERLY HARBOR IN THIS IMMACULATE 4 RM W/DINING AREA, 1 1/2 BATHS, 2 BDRM TOWNHOUSE CONDO IN THE SUMMIT AVE CONDOS. TASTEFULLY DECORATED. FULLY APPLIANCED KIT.BALCONY, PKING.WALK TO TRAIN
| |||
| Dec 15, 2000 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Interior Details
Level: First
Level: Second
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Second
Level: First
Features: Flooring - Hardwood, Balcony / Deck, French Doors, Exterior Access
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Avenue Condominium
Structure Type: Townhouse, Mid-Rise
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RMD
Water Source: Public
Financial Details
Tax Assessed Value: $158,000
Tax Annual Amount: $2,237
Utilities Details
Cooling Type: Heat Pump
Heating Type: Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Laundry
Association Fee Frequency: Monthly
HOA Fee: $455
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, University
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
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.
| |
|
07/14/2011
|
2 Bed
|
1 Bath
|
878 ft²
|
$199,000
2 Bed
1 Bath
878 ft²
|
-
-
|
Christine Willard
Harborside Realty
| |
|
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
|
2 Bath
|
880 ft²
|
$205,000
2 Bed
2 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