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Beverly 01915
12 Old Farm Rd
$455,000
● House - Off Market

12 Old Farm Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$524,379
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

North Beverly, brick front ranch sited on a large lot offers tons of potential, whether you are looking for single level living or room for expansion, this property offers endless possibilities. Most homes in the neighborhood are larger and this gem with some TLC and imagination will become your home sweet home. The living room runs the nearly the width of the house and is enhanced with hard wood floors and wood burning fireplace flanked by built-in shelving. All 3 bedrooms are ample sized and have hard wood floors. The sweet kitchen opens to a large deck overlooking the yard with mature trees and shed. Huge basement with access to the exterior is ideal for adding substantial finished living space. Great storage accessed by pull down, carport and driveway complete the offering. Being sold "as is".
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$472
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1955

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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 #73037134)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Sep 28, 2022 In contract -
In contract
Sep 15, 2022 Listed by Keller Williams Realty Evolution $489,000
Listed by Keller Williams Realty Evolution
Jun 29, 2001 Sold
Premium
Sold
Apr 11, 2001 Listed by Keller Williams Realty Evolution $229,000
Listed by Keller Williams Realty Evolution
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 1,036
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,947
  • Total Building Area: 1,036
  • Gross Building Area: 2,444
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: 217102

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0066 B:0032 L:
  • Block: 32
  • Municipality: BEVERLY
  • Latitude: 42.5761
  • Longitude: -70.8969

    Address

  • Full Address: 12 Old Farm Rd
  • Address - House Number: 12
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C016
  • 4-Digit Zip Code: 1622
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,100

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 547,706
  • High Value: 646,639
  • Low Value: 448,773

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,700
  • Assessed Land Value: $334,200
  • Assessed Improvements Value: $132,500

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221107002370
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Amount: $225,000
  • 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# 73037134

Frequently Asked Questions

When was property at 12 Old Farm Road built and last sold?
The property at 12 Old Farm Road was built in 1955 and last sold on Nov 7, 2022 for $455,000.
How much is this home worth?
The estimated value of the home located at 12 Old Farm Road is $477,314.
What are some comparable homes to 12 Old Farm Road?
There are currently no comparable homes to 12 Old Farm Road.
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