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Beverly 01915
11 Clark Avenue
$547,000
● House - Off Market

11 Clark Avenue

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,735 Ft²
$823,844
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Renovated Colonial on Prospect Hill.   New Boiler and Hot Water, Freshly Painted Inside and Out, Refinished Hardwood Floors, Upgraded Electrical, New Kitchen Cabinets and Granite Countertop..  More photos to follow.
Unit Size
1,735 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$343
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1935

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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 #72633373)

Price History

Date / Event Date Event Price
Apr 22, 2020 Sold
Premium
Sold
Mar 13, 2020 Listed by Keller Williams Realty Evolution $595,000
Listed by Keller Williams Realty Evolution
Nov 14, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,843
  • Total Building Area: 1,584
  • Gross Building Area: 3,276
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • 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:0021 B:0042 L:
  • Block: 42
  • Municipality: BEVERLY
  • Latitude: 42.5564
  • Longitude: -70.8735

    Address

  • Full Address: 11 Clark Ave
  • Address - House Number: 11
  • Address - Street Name: Clark
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C012
  • 4-Digit Zip Code: 3507
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $707,500

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 776,675
  • High Value: 896,749
  • Low Value: 656,602

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $630,000
  • Assessed Land Value: $366,000
  • Assessed Improvements Value: $264,000

    Sales

  • Current Sale Contract Date: Apr 21, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200422003220
  • Previous Sale Recording Date: Nov 14, 2019
  • Previous Sale Contract Date: Nov 05, 2019
  • Previous Sale Amount: $400,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72633373

Frequently Asked Questions

When was property at 11 Clark Avenue built and last sold?
The property at 11 Clark Avenue was built in 1935 and last sold on Apr 21, 2020 for $547,000.
How much is this home worth?
The estimated value of the home located at 11 Clark Avenue is $608,917.
What are some comparable homes to 11 Clark Avenue?
There are currently no comparable homes to 11 Clark Avenue.
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