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Beverly 01915
12 Orchard St
$675,000
● House - Off Market

12 Orchard St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$3,529
Est. Monthly

About This Property

This delightful Cape in Beverly Cove with 3 bedrooms, 2 full baths and 1,620 sf of living space is not to be missed! 1st floor offers hardwood floors and a lot of versatility as well as a welcoming living room with wood-burning fireplace and eat-in kitchen that opens to a cozy room with a gas stove, vaulted ceiling with skylights and access to the yard that can be used as a dining room/family room or combination. Full bath, spacious 1st floor bedroom plus an office/bonus room with closet. The 2nd floor is fully dormered with 2 additional bedrooms and a full bath. Plenty of storage in the full basement and eaves. Central AC. Fenced in level yard is perfect for entertaining. All this and just minutes to several beaches and all downtown Beverly has to offer.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$386
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1963

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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 #73180784)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Nov 21, 2023 In contract -
In contract
Nov 15, 2023 Listed by J. Barrett & Company $625,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,620
  • Gross Building Area: 2,920
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:0012 B:0157 L:
  • Block: 157
  • Municipality: BEVERLY
  • Latitude: 42.5509
  • Longitude: -70.867

    Address

  • Full Address: 12 Orchard St
  • Address - House Number: 12
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C007
  • 4-Digit Zip Code: 4636
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $577,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 648,669
  • High Value: 700,503
  • Low Value: 596,835

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,500
  • Assessed Land Value: $341,500
  • Assessed Improvements Value: $173,000

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231215001260

    Financing

  • First Mortgage Financing Type: ADJ
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

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# 73180784

Frequently Asked Questions

When was property at 12 Orchard Street built and last sold?
The property at 12 Orchard Street was built in 1963 and last sold on Dec 15, 2023 for $675,000.
How much is this home worth?
The estimated value of the home located at 12 Orchard Street is $642,701.
What are some comparable homes to 12 Orchard Street?
There are currently no comparable homes to 12 Orchard Street.
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