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Beverly 01915
13 Cherry Rd
$657,000
● House - Off Market

13 Cherry Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$634,955
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Beautifully Remodeled 3 Bedroom, 2 Bath open concept ranch in the desired Centerville section of Beverly!! This Beautful home features a renovated gourmet kitchen with quartz counter-tops, kitchen island with an open floor plan that leads to living/dining room with cathedral ceilings, ideal space for entertaining. Additionally you will find 3 spacious Bedrooms with 2 full baths. Large driveway with plenty of off street parking. Great outdoor space with a paver patio and a gorgeous yard that includes two detached sheds for storage. All this located at the end of  a very quiet cul-de-sac!!  Literally down the street from Centerville Elementary School, quick access to Rt.128 and MBTA, YMCA and downtown area. SHOWINGS START AT OPEN HOUSE SAT 6/4 11-1 & 6/5 11-1
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$401
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1961

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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: 5 months ago (MLSPIN #72989058)

Price History

Date / Event Date Event Price
Jun 27, 2022 Sold
Premium
Sold
May 31, 2022 Listed by Keller Williams Realty Evolution $624,900
Listed by Keller Williams Realty Evolution
Mar 31, 2000 Sold
Premium
Sold
Mar 19, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,400
  • Total Building Area: 1,560
  • Gross Building Area: 1,702
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY ROAD
  • Land Acres: 0000000376
  • 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: 217601

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0084 B:0036 L:
  • Block: 36
  • Municipality: BEVERLY
  • Latitude: 42.5827
  • Longitude: -70.8458

    Address

  • Full Address: 13 Cherry Rd
  • Address - House Number: 13
  • Address - Street Name: Cherry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C032
  • 4-Digit Zip Code: 1511
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $683,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 723,966
  • High Value: 873,964
  • Low Value: 573,968

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,200
  • Assessed Land Value: $361,400
  • Assessed Improvements Value: $246,800

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220627001160
  • Previous Sale Recording Date: Mar 31, 2000
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: 27
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

$457

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3124 ft²

Average Home Age

80.7 years

Currently For Sale

68 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: 5 months ago
Data Source: MLS PIN, MLS# 72989058

Frequently Asked Questions

When was property at 13 Cherry Road built and last sold?
The property at 13 Cherry Road was built in 1961 and last sold on Jun 23, 2022 for $657,000.
How much is this home worth?
The estimated value of the home located at 13 Cherry Road is $639,819.
What are some comparable homes to 13 Cherry Road?
There are currently no comparable homes to 13 Cherry Road.
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