$262,000
●
Condo -
Off Market
12 Summit Ave #22
Beverly, MA 01915
2 Beds
1 Bath
974 Ft²
$370,584
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model
About This Property
Water Views from EVERY room! This gleaming two level condo has
gorgeous views and is perfectly located near all that Beverly has
to offer. Less than a half mile to the commuter rail, moments to
downtown restaurants, shops and beaches. Meticulously maintained
the kitchen has granite counter tops and stainless appliances, open
to the dining area and living room with hardwood floors and sliders
to the balcony. Perfect for sitting with a cup of coffee and
enjoying the view. Two good sized bedrooms upstairs as well. The
condo association has had many recent improvements including roof,
sliders, balcony, windows and more. One deeded parking spot and pet
friendly! Showings start Sunday March 25th 12-2 pm.
Unit Size
974 Ft²
Days on Market
-
Land Size
-
Price per sqft
$257
Property Type
Condo
Property Taxes
$227
HOA Dues
$449
Year Built
1985
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Cap Rate Calculator
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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: 5 years ago (MLSPIN #72296640)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by James A. Finn & Sons | $339,000 | |
| Listed by James A. Finn & Sons | |||
| | |||
|
Top floor, corner unit overlooking Beverly Harbor! Enjoy the views and ocean air from your private balcony or relax in the open concept living space. This two-bedroom unit is bright and sunny with freshly painted rooms. The kitchen is nicely appointed with stainless appliances and granite countertops. Townhouse style unit allows for generous living space on the entry level and two nicely sized bedrooms and bathroom on the upper level. Cool off with the two AC units installed in fall 2020. There is one deeded off-street parking spot as well as plenty of visitor spots. This complex is conveniently located to all Beverly has offer as well as easy access to the MBTA commuter rail!
| |||
| May 23, 2018 | Sold | ||
| Sold | |||
| Mar 21, 2018 | Listed by James A. Finn & Sons | $249,900 | |
| Listed by James A. Finn & Sons | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Features: Countertops - Stone/Granite/Solid
Level: Fourth Floor
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Fourth Floor
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Fourth Floor
Level: Third
Features: Ceiling Fan(s), Flooring - Hardwood, Balcony - Exterior, Slider
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Electric Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Tile
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned, Deeded
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Summit Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RMD
Parcel Number: M:0004 B:0139 L:0022, 4180195
Water Source: Public
Financial Details
Tax Assessed Value: $200,600
Tax Annual Amount: $2,728
Utilities Details
Utilities: for Electric Range
Cooling Type: Window Unit(s)
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $449
Community Features: Public Transportation, Park, Highway Access, T-Station
Pets Allowed: Yes w/ Restrictions
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 Rental Team
Hayden Rowe Properties
| |
|
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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