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Beverly 01915
11 Red Rock Lane
$395,000
● House - Off Market

11 Red Rock Lane

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,236 Ft²
$705,240
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Classic 1950's ranch style home in a beautiful North Beverly neighborhood. The property is .3 acres and is nicely landscaped with a fenced back yard. It has six rooms, three bedrooms, one full bath, and a two car attached garage. An ideal home for those seeking desirable single level living. This home has a less common open and spacious floor plan. The living room with a picture window and wood burning fireplace and dining room that leads onto the patio by way of French doors allows natural light to enter from both sides. There are gleaming hardwood floors, custom built-ins, updated kitchen with first floor laundry, and many recent updates. Potential to finish off he lower level room which has a wood burning fireplace. Excellent location for North Beverly commuter rail and Rt. 128. access.
Unit Size
1,236 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$315
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1950

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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 #71663980)

Price History

Date / Event Date Event Price
Jul 3, 2014 Sold
Premium
Sold
Apr 21, 2014 Listed by Coldwell Banker Residential Brokerage - Beverly $389,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,236
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,207
  • Total Building Area: 1,236
  • Gross Building Area: 2,924
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0081 B:0203 L:
  • Block: 203
  • Municipality: BEVERLY
  • Latitude: 42.5848
  • Longitude: -70.8774

    Address

  • Full Address: 11 Red Rock Ln
  • Address - House Number: 11
  • Address - Street Name: Red Rock
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1228
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,500

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 694,412
  • High Value: 811,978
  • Low Value: 576,847

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,300
  • Assessed Land Value: $380,600
  • Assessed Improvements Value: $230,700

    Sales

  • Current Sale Recording Date: Jul 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70300294
  • Previous Sale Recording Date: Aug 11, 2009
  • 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:

$749,000

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71663980

Frequently Asked Questions

When was property at 11 Red Rock Lane built and last sold?
The property at 11 Red Rock Lane was built in 1950 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 11 Red Rock Lane is $403,339.
What are some comparable homes to 11 Red Rock Lane?
There are currently no comparable homes to 11 Red Rock Lane.
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