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$409,000
● Multifamily - Off Market

13 Ames

Beverly, MA
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,090 Ft²
$707,508
RealtyHop Estimate
68.49%
Since May 1, 2006
National-US
Primary Model

About This Property

Many updates in this attractive well-maintained 2-family. Convenient location to commuting routes, shopping, schools. Separate utilities, off street parking. 2nd floor added new 2 room addition in 1998.
Unit Size
2,090 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$201
Property Type
Multifamily
Property Taxes
$261
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #70347141)

Price History

Date / Event Date Event Price
Apr 28, 2006 Sold
Premium
Sold
Mar 14, 2006 Listed by Sam Stella REALTORS® $419,900
Listed by Sam Stella REALTORS®

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 2(Ceiling Fans, Cathedral/Vaulted Ceilings), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Refrigerator), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Carpet, Other
Rooms: 10
Basement: Full, Bulkhead, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: 104
Parcel Number: 4185451
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $317,500
Tax Annual Amount: $3,137
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Unit 1(None), Unit 2(Wall AC)
Heating Type: Unit 1(Hot Water Baseboard, Gas, Individual), Unit 2(Hot Water Baseboard, Gas, Individual)
Sewer : Public Sewer, City/Town Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70347141
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