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Beverly 01915
106 Lothrop Street
$809,000
● House - Off Market

106 Lothrop Street

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,351 Ft²
$1,249,683
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Direct ocean views in the heart of Beverly.  Recently renovated American Foursquare with ocean views from all over the house.  2300 sq ft, 4 bedrooms, 2.5 baths, 1 car garage, and just steps to downtown Beverly restaurants, shops, and theaters.  Too many updates to list them all....full kitchen renovation, full interior and exterior paint, all windows replaced, bathroom remodeled, floors refinished, updated electrical & plumbing, and much more. Some features include fireplaced living room, generous dining room, second floor offering a 17X9 deck off master bedroom with breathtaking views of Beverly Harbor as well as a separate covered balcony, clean dry basement, and a back patio.  This one has location and condition.
Unit Size
2,351 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$336
Property Type
House
Property Taxes
$733
HOA Dues
-
Year Built
1922

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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 #72128128)

Price History

Date / Event Date Event Price
May 18, 2017 Sold
Premium
Sold
Mar 8, 2017 Listed by Keller Williams Realty Evolution $789,000
Listed by Keller Williams Realty Evolution
Sep 25, 2015 Sold
Premium
Sold
Jul 9, 2015 Listed by Keller Williams Realty Evolution $689,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,088
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 2,351
  • Gross Building Area: 3,764
  • Building Area: 2,351
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,351
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: R6

Geography

  • Account Number: R6
  • Parcel: BEVE M:0012 B:0098 L:
  • Block: 98
  • Municipality: BEVERLY
  • Latitude: 42.5476
  • Longitude: -70.8719

    Address

  • Full Address: 106 Lothrop St
  • Address - House Number: 106
  • Address - Street Name: Lothrop
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C004
  • 4-Digit Zip Code: 5230
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,409,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,208,163
  • High Value: 1,413,629
  • Low Value: 1,002,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,255,500
  • Assessed Land Value: $777,400
  • Assessed Improvements Value: $478,100

    Sales

  • Current Sale Recording Date: May 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 217
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Amount: $684,000
  • Previous Sale Document Type: O
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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2981 ft²

Average Home Age

86.4 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# 72128128

Frequently Asked Questions

When was property at 106 Lothrop Street built and last sold?
The property at 106 Lothrop Street was built in 1922 and last sold on Jan 1, 1970 for $809,000.
How much is this home worth?
The estimated value of the home located at 106 Lothrop Street is $810,361.
What are some comparable homes to 106 Lothrop Street?
There are currently no comparable homes to 106 Lothrop Street.
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