$140,000
●
Condo -
Off Market
12 Summit Ave #2
Beverly, MA 01915
1 Bed
1 Bath
645 Ft²
$265,313
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model
About This Property
Enjoy this modern one bedroom, first floor condo featuring newer
flooring, updated kitchen, patio and much more! Close to the
harbor, parks, shops and commuter rail!!
Unit Size
645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$225
Property Type
Condo
Property Taxes
$139
HOA Dues
$280
Year Built
1985
Payment Calculator
Home Price
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #71728159)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Deeded, Guest
Interior Details
Full Bathrooms: 1
Appliances: Range, Microwave, Electric Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Laminate
Laundry Features: Common Area, In Building
Rooms: 3
Basement: N
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RMD
Parcel Number: M:0004 B:0139 L:0002, 4180185
Water Source: Public
Financial Details
Tax Assessed Value: $118,000
Tax Annual Amount: $1,671
Utilities Details
Utilities: for Electric Range
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $280
Community Features: Public Transportation, Shopping, Marina, Public School, T-Station, University
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2026
|
2 Bed
|
1 Bath
|
851 ft²
|
$399,900
2 Bed
1 Bath
851 ft²
|
$405,000
+1.28%
07/20/2026
|
Catherine Ratcliffe
Century 21 Sexton & Donohue
| |
|
01/15/2026
|
1 Bed
|
1 Bath
|
751 ft²
|
$389,000
1 Bed
1 Bath
751 ft²
|
$375,000
-3.60%
04/30/2026
|
Levana Group
RE/MAX Beacon
| |
|
10/03/2024
|
2 Bed
|
2 Bath
|
877 ft²
|
$380,000
2 Bed
2 Bath
877 ft²
|
-
-
|
Munson Realty Group
Keller Williams Realty
| |
|
08/14/2024
|
2 Bed
|
1 Bath
|
925 ft²
|
$425,000
2 Bed
1 Bath
925 ft²
|
$409,000
-3.76%
09/18/2024
|
Stephanie Collins
Presidential Properties
| |
|
10/11/2023
|
2 Bed
|
1 Bath
|
925 ft²
|
$399,900
2 Bed
1 Bath
925 ft²
|
$368,000
-7.98%
12/08/2023
|
Janine Wuschke
Keller Williams Realty
| |
|
07/28/2022
|
2 Bed
|
1 Bath
|
974 ft²
|
$339,000
2 Bed
1 Bath
974 ft²
|
$380,000
+12.09%
09/06/2022
|
Margaret Finn
James A. Finn & Sons
| |
|
08/03/2021
|
1 Bed
|
1 Bath
|
779 ft²
|
$259,900
1 Bed
1 Bath
779 ft²
|
$296,000
+13.89%
09/16/2021
|
Elaine Baginski
Keller Williams Realty
| |
|
04/01/2021
|
2 Bed
|
2 Bath
|
880 ft²
|
$310,000
2 Bed
2 Bath
880 ft²
|
$310,000
05/13/2021
|
Angela Guo
Liberty Residential Realty, LLC
| |
|
09/23/2020
|
2 Bed
|
2 Bath
|
877 ft²
|
$279,900
2 Bed
2 Bath
877 ft²
|
$275,000
-1.75%
11/25/2020
|
George Fallon
Keller Williams Realty Evolution
| |
|
08/25/2020
|
2 Bed
|
1 Bath
|
852 ft²
|
$275,000
2 Bed
1 Bath
852 ft²
|
$285,000
+3.64%
10/16/2020
|
Non Member
Non Member Office
| |
|
08/04/2020
|
1 Bed
|
1 Bath
|
751 ft²
|
$229,000
1 Bed
1 Bath
751 ft²
|
$235,000
+2.62%
10/15/2020
|
Kathryn Tully
Century 21 North East
| |
|
06/05/2020
|
2 Bed
|
1 Bath
|
925 ft²
|
$275,000
2 Bed
1 Bath
925 ft²
|
$305,000
+10.91%
08/17/2020
|
Alli Allmendinger
Churchill Properties
| |
|
01/29/2020
|
2 Bed
|
2 Bath
|
878 ft²
|
$279,900
2 Bed
2 Bath
878 ft²
|
$270,000
-3.54%
04/14/2020
|
Janet Belliveau
Churchill Properties
| |
|
05/03/2019
|
2 Bed
|
1 Bath
|
880 ft²
|
$250,000
2 Bed
1 Bath
880 ft²
|
$240,000
-4.00%
08/23/2019
|
Crowell & Frost Realty Group
Realpro Associates
| |
|
03/28/2019
|
1 Bed
|
1 Bath
|
631 ft²
|
$210,000
1 Bed
1 Bath
631 ft²
|
$203,500
-3.10%
05/15/2019
|
Gayle Winters
Leading Edge Real Estate
| |
|
04/02/2018
|
2 Bed
|
1 Bath
|
833 ft²
|
$229,900
2 Bed
1 Bath
833 ft²
|
$229,900
05/31/2018
|
Jeffrey Carter
Keller Williams Realty
| |
|
03/21/2018
|
2 Bed
|
1 Bath
|
974 ft²
|
$249,900
2 Bed
1 Bath
974 ft²
|
$262,000
+4.84%
05/23/2018
|
Lauren Consolazio
Keller Williams Realty Evolution
| |
|
02/15/2018
|
1 Bed
|
1 Bath
|
744 ft²
|
$189,900
1 Bed
1 Bath
744 ft²
|
$185,000
-2.58%
04/05/2018
|
Lauren Consolazio
Keller Williams Realty Evolution
| |
|
08/03/2016
|
2 Bed
|
1 Bath
|
880 ft²
|
$219,900
2 Bed
1 Bath
880 ft²
|
$208,000
-5.41%
09/13/2016
|
Robin Martyn
Churchill Properties
| |
|
04/14/2015
|
1 Bed
|
1 Bath
|
631 ft²
|
$142,000
1 Bed
1 Bath
631 ft²
|
$137,500
-3.17%
08/31/2015
|
Jeanne Lovely
Armstrong Field Real Estate
| |
|
01/07/2015
|
1 Bed
|
1 Bath
|
744 ft²
|
$164,900
1 Bed
1 Bath
744 ft²
|
$160,000
-2.97%
03/31/2015
|
Betsy Woods
Lux Realty North Shore
| |
|
10/02/2014
|
2 Bed
|
1 Bath
|
925 ft²
|
$169,800
2 Bed
1 Bath
925 ft²
|
$166,000
-2.24%
04/29/2015
|
Peter Lutts
Keller Williams Realty Evolution
| |
|
08/12/2014
|
1 Bed
|
1 Bath
|
645 ft²
|
$145,000
1 Bed
1 Bath
645 ft²
|
$140,000
-3.45%
11/26/2014
|
Jim Cooke
Cameron Real Estate Group
| |
|
06/09/2014
|
2 Bed
|
1 Bath
|
887 ft²
|
$189,900
2 Bed
1 Bath
887 ft²
|
$184,900
-2.63%
07/25/2014
|
Peter Lutts
Keller Williams Realty Evolution
| |
|
05/08/2014
|
2 Bed
|
1 Bath
|
877 ft²
|
$179,900
2 Bed
1 Bath
877 ft²
|
$175,000
-2.72%
09/15/2014
|
Jessica Schenkel
Sagan Agency REALTORS®
| |
|
03/25/2014
|
2 Bed
|
1 Bath
|
833 ft²
|
$174,900
2 Bed
1 Bath
833 ft²
|
$170,000
-2.80%
06/12/2014
|
Peter Lutts
Keller Williams Realty Evolution
| |
|
02/12/2013
|
2 Bed
|
1 Bath
|
833 ft²
|
$171,900
2 Bed
1 Bath
833 ft²
|
$165,500
-3.72%
06/07/2013
|
Paul Santucci
True North Realty
| |
|
10/30/2012
|
1 Bed
|
1 Bath
|
631 ft²
|
$135,000
1 Bed
1 Bath
631 ft²
|
$130,000
-3.70%
02/08/2013
|
Jeanne Lovely
Armstrong Field Real Estate
| |
|
10/12/2012
|
1 Bed
|
1 Bath
|
800 ft²
|
$119,900
1 Bed
1 Bath
800 ft²
|
$121,000
+0.92%
12/10/2012
|
Elaine Baginski
Keller Williams Realty
| |
|
05/22/2012
|
2 Bed
|
1 Bath
|
852 ft²
|
$119,900
2 Bed
1 Bath
852 ft²
|
$125,000
+4.25%
11/07/2012
|
Listing Group
Lamacchia Realty, Inc.
| |
|
02/28/2011
|
2 Bed
|
1 Bath
|
896 ft²
|
$194,900
2 Bed
1 Bath
896 ft²
|
$188,000
-3.54%
07/20/2011
|
Tony Wright
Redfin Corp.
| |
|
01/30/2011
|
2 Bed
|
1 Bath
|
877 ft²
|
$185,000
2 Bed
1 Bath
877 ft²
|
$170,000
-8.11%
04/29/2011
|
Jason Parisella
Keller Williams Realty Evolution
| |
|
10/11/2010
|
1 Bed
|
1 Bath
|
779 ft²
|
$166,000
1 Bed
1 Bath
779 ft²
|
$150,000
-9.64%
11/03/2010
|
Karen Johnson
Coldwell Banker Residential Brokerage - Westford
| |
|
04/14/2010
|
1 Bed
|
1 Bath
|
779 ft²
|
$166,000
1 Bed
1 Bath
779 ft²
|
-
-
|
Tony Wright
Redfin Corp.
| |
|
05/13/2009
|
1 Bed
|
1 Bath
|
744 ft²
|
$159,900
1 Bed
1 Bath
744 ft²
|
$154,000
-3.69%
02/02/2010
|
Katherine Pessin
Coldwell Banker Realty - Beverly
| |
|
01/05/2009
|
1 Bed
|
1 Bath
|
833 ft²
|
$169,900
1 Bed
1 Bath
833 ft²
|
$163,000
-4.06%
04/01/2009
|
The Martin Duff Team
Diamond Key Real Estate
| |
|
07/20/2007
|
2 Bed
|
2 Bath
|
880 ft²
|
$214,900
2 Bed
2 Bath
880 ft²
|
$208,000
-3.21%
11/29/2007
|
Deborah Stein
Coldwell Banker Realty - Newton
| |
|
07/04/2007
|
2 Bed
|
1 Bath
|
925 ft²
|
$199,000
2 Bed
1 Bath
925 ft²
|
$190,000
-4.52%
08/21/2007
|
Kathleen Fortunato
Fortunato Agency
| |
|
04/11/2007
|
1 Bed
|
1 Bath
|
739 ft²
|
$176,900
1 Bed
1 Bath
739 ft²
|
$168,000
-5.03%
09/24/2007
|
Darryl T. Whittemore
Whittemore & Associates
| |
|
09/25/2006
|
1 Bed
|
1 Bath
|
744 ft²
|
$165,000
1 Bed
1 Bath
744 ft²
|
$167,000
+1.21%
01/12/2007
|
Jenny May
J. Barrett & Company
| |
|
09/07/2005
|
1 Bed
|
1 Bath
|
631 ft²
|
$179,900
1 Bed
1 Bath
631 ft²
|
$179,900
10/21/2005
|
Lillian LoGrasso
J. Barrett & Company
| |
|
02/23/2005
|
2 Bed
|
1 Bath
|
851 ft²
|
$214,500
2 Bed
1 Bath
851 ft²
|
$215,000
+0.23%
05/16/2005
|
Team Cotraro - Mike & Mary
RE/MAX Advantage Real Estate
| |
|
05/10/2004
|
1 Bed
|
1 Bath
|
800 ft²
|
$185,000
1 Bed
1 Bath
800 ft²
|
$185,000
06/30/2004
|
Jennifer Krisko
Don Corbett R. E.
| |
|
03/29/2004
|
2 Bed
|
1 Bath
|
833 ft²
|
$209,900
2 Bed
1 Bath
833 ft²
|
$190,000
-9.48%
06/25/2004
|
Sharon Aldous
RE/MAX Renaissance Inc.
| |
|
05/22/2003
|
1 Bed
|
1 Bath
|
833 ft²
|
$179,900
1 Bed
1 Bath
833 ft²
|
$178,000
-1.06%
10/24/2003
|
Joan Mason
Coldwell Banker Realty - Beverly
| |
|
11/05/2002
|
1 Bed
|
1 Bath
|
744 ft²
|
$169,900
1 Bed
1 Bath
744 ft²
|
$165,000
-2.88%
02/28/2003
|
Patricia Marcotte
RE/MAX Advantage Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017