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Beverly 01915
12 Smithson Dr
$580,000
● House - Off Market

12 Smithson Dr

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,775 Ft²
$536,083
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

MULTIPLE OFFERS. SELLER ASKING F A 5PM DEADLINE SATURDAY 4/2/2022 Welcome home to this 4 bedroom 2 bath cape. House has an inground pool and potential to finish basement. Located near MBTA train station and beach this house is vacant easy to show and ready to go! House needs TLC  but the roof siding and windows have been updated recently.
Unit Size
1,775 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$298
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1948

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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 #72959468)

Price History

Date / Event Date Event Price
May 5, 2022 Sold
Premium
Sold
Mar 24, 2022 Listed by Samuel Sasso $529,000
Listed by Samuel Sasso
Mar 23, 2022 Sold
Premium
Sold
Jun 8, 1973 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,077
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,105
  • Total Building Area: 2,300
  • Gross Building Area: 3,559
  • Building Area: 2,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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:0022 B:0038 L:
  • Block: 38
  • Municipality: BEVERLY
  • Latitude: 42.5534
  • Longitude: -70.8626

    Address

  • Full Address: 12 Smithson Dr
  • Address - House Number: 12
  • Address - Street Name: Smithson
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C007
  • 4-Digit Zip Code: 3804
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,900

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 81
  • Final Value: 659,537
  • High Value: 758,990
  • Low Value: 560,083

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,000
  • Assessed Land Value: $381,700
  • Assessed Improvements Value: $146,300

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220505001950
  • Previous Sale Recording Date: Mar 23, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: O
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# 72959468

Frequently Asked Questions

When was property at 12 Smithson Drive built and last sold?
The property at 12 Smithson Drive was built in 1948 and last sold on May 5, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 12 Smithson Drive is $555,227.
What are some comparable homes to 12 Smithson Drive?
There are currently no comparable homes to 12 Smithson Drive.
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