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Beverly 01915
11 Shannon Lane
Photo of 11 Shannon Lane
Sold on Sep 28, 2007

1

Map

$657,000
● House - Off Market

11 Shannon Lane

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,100 Ft²
$1,295,120
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

Very desirable end of cul-de-sac location in Centerville.  Impeccably maintained 4 bedroom, 2.5 bath Colonial.  Bright and spacious with new carpets and paint throughout. Finished walk-out basement to huge private landscaped yard abutting conservation land.  Additional features include central vacuum, 9' ceilings, wine closet, laundry room, irrigation system and outdoor stone fireplace.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$221
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1995

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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 #70563191)

Price History

Date / Event Date Event Price
Sep 28, 2007 Sold
Premium
Sold
Apr 21, 2007 Listed $685,000
Listed
Mar 28, 2003 Sold
Premium
Sold
Sep 2, 2002 Listed $569,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,272
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,157
  • Total Building Area: 2,208
  • Gross Building Area: 3,770
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEVERLY
  • Land Acres: 0000000646
  • 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: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0096 B:0060 L:
  • Block: 60
  • Municipality: BEVERLY
  • Latitude: 42.5864
  • Longitude: -70.8523

    Address

  • Full Address: 11 Shannon Ln
  • Address - House Number: 11
  • Address - Street Name: Shannon
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C032
  • 4-Digit Zip Code: 1580
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $999,500

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,043,244
  • High Value: 1,220,663
  • Low Value: 865,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $890,000
  • Assessed Land Value: $482,500
  • Assessed Improvements Value: $407,500

    Sales

  • Current Sale Recording Date: Sep 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 28, 2003
  • Previous Sale Amount: $550,000
  • 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

50

Average Home Size

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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# 70563191

Frequently Asked Questions

When was property at 11 Shannon Lane built and last sold?
The property at 11 Shannon Lane was built in 1995 and last sold on Jan 1, 1970 for $657,000.
How much is this home worth?
The estimated value of the home located at 11 Shannon Lane is $731,864.
What are some comparable homes to 11 Shannon Lane?
There are currently no comparable homes to 11 Shannon Lane.
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