$1,022,000
●
House -
Off Market
109 Hale St
Beverly, MA 01915
4 Beds
2 Baths
2,433 Ft²
$5,549
Est. Monthly
About This Property
Arts & Crafts home in desirable Beverly Cove on .63 acres provides
a variety of choices for daily living. Assessor file notes 4 BRs/2
BAs. Rear addition provides open concept living w/entry from
driveway into mudroom; spacious family room w/skylight and exterior
access to large yard and adjacent 1st fl main BR (5th BR) or artist
studio w/cathedral ceiling. Original Arts & Crafts 1st floor
features full BA/dining/living rooms/kitchen and office. Second fl
has 4 BRs/full BA. Wide floorboards recently refinished including
parquet hardwood floor in hallway. Architectural features found
throughout including 6 fireplaces and 2 staircases. Energy
efficient home has roof solar panels w/transferable credits (RECs)
to 2026, high efficiency gas furnace w/storage tank for hot water
plus solar powered hot water tank. Walk-up attic, clean basement
w/updated infrastructure. Brosco True Divided Lights, E-glass
thermal windows throughout. Easy access to commuter
rail/highways/walk to beach. A must see!
Unit Size
2,433 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$401
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1900
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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 #73217705)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Keller Williams Realty Evolution | $974,900 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Arts & Crafts home in desirable Beverly Cove on .63 acres provides a variety of choices for daily living. Assessor file notes 4 BRs/2 BAs. Rear addition provides open concept living w/entry from driveway into mudroom; spacious family room w/skylight and exterior access to large yard and adjacent 1st fl main BR (5th BR) or artist studio w/cathedral ceiling. Original Arts & Crafts 1st floor features full BA/dining/living rooms/kitchen and office. Second fl has 4 BRs/full BA. Wide floorboards recently refinished including parquet hardwood floor in hallway. Architectural features found throughout including 6 fireplaces and 2 staircases. Energy efficient home has roof solar panels w/transferable credits (RECs) to 2026, high efficiency gas furnace w/storage tank for hot water plus solar powered hot water tank. Walk-up attic, clean basement w/updated infrastructure. Brosco True Divided Lights, E-glass thermal windows throughout. Easy access to commuter rail/highways/walk to beach. A must see!
| |||
| May 30, 2003 | Sold | ||
| Sold | |||
| Nov 12, 2001 | Listed by Coldwell Banker Realty - Beverly | $484,900 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| | |||
|
FABULOUS BEVERLY COVE 1840'S ANTIQUE COLONIAL ON LOVELY PARKLIKE 1/2 ACRE PLUS LOT. 6 FIREPLACES, WALK TO BEACH, TRAIN ADN TOWN. A MUST SEE!
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
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