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Beverly 01915
11 Cole St
$580,000
● House - Off Market

11 Cole St

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,682 Ft²
$506,593
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Move right in to this sweet two bedroom Cape home just in time for summer! Living room with fireplace, dining room with built in hutch, kitchen w/stainless appliances and large bonus room w/slider looking out onto backyard and beyond. Second floor you'll find two bedrooms and full bath.  Freshly painted interior and hardwood floors throughout.  Partially finished basement bonus room with slider perfect for playroom, guest bedroom, teen hangout or office space. Large wraparound deck perfect for your morning coffee, evening cocktails or summer parties.  Conveniently located minutes to commuter rail, beach, downtown Beverly shops & restaurants & beautiful Lynch Park.
Unit Size
1,682 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$297
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72961729)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by J. Barrett & Company $499,900
Listed by J. Barrett & Company
Aug 30, 2004 Sold
Premium
Sold
Jun 11, 2004 Listed by J. Barrett & Company $299,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 904
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,043
  • Total Building Area: 1,387
  • Gross Building Area: 2,975
  • Building Area: 1,387
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,387
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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: 217601

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0045 B:0021 L:
  • Block: 21
  • Municipality: BEVERLY
  • Latitude: 42.5671
  • Longitude: -70.8592

    Address

  • Full Address: 11 Cole St
  • Address - House Number: 11
  • Address - Street Name: Cole
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 1953
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 656,724
  • High Value: 771,676
  • Low Value: 541,772

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,700
  • Assessed Land Value: $348,400
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220527003150
  • Previous Sale Recording Date: Aug 30, 2004
  • Previous Sale Amount: $290,400
  • Previous Sale Document Type: 27
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

3001 ft²

Average Home Age

87.3 years

Currently For Sale

52 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72961729

Frequently Asked Questions

When was property at 11 Cole Street built and last sold?
The property at 11 Cole Street was built in 1942 and last sold on May 27, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 11 Cole Street is $518,294.
What are some comparable homes to 11 Cole Street?
There are currently no comparable homes to 11 Cole Street.
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