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Beverly 01915
14 Montserrat Rd
$429,000
● House - Off Market

14 Montserrat Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,166 Ft²
$549,163
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Cute as a button and a big PRICE IMPROVEMENT!! This charming cape has a rustic, private feel while being ideally located near all Beverly has to offer - just a short distance to Beverly Hospital, local schools, train station, Whole Foods, beaches, and downtown. The open, sunny first floor hosts front to back living room with pellet stove, kitchen with granite counter tops, dining area, first floor bedroom, and full bath. Second floor hosts two generously sized bedrooms and additional half bath. New flooring on both floors! Living room leads to out door living space on the large wood deck. Freshly paved drive way!
Unit Size
1,166 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$360
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1976

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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: 6 months ago (MLSPIN #72690909)

Price History

Date / Event Date Event Price
Sep 25, 2020 Sold
Premium
Sold
Jul 14, 2020 Listed by Keller Williams Realty Evolution $419,999
Listed by Keller Williams Realty Evolution
Sep 25, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,040
  • Total Building Area: 1,166
  • Gross Building Area: 1,992
  • Building Area: 1,166
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,166
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELVIN J DEVEAU
  • Land Acres: 0000000437
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0043 B:089A L:
  • Block: 89A
  • Municipality: BEVERLY
  • Latitude: 42.5648
  • Longitude: -70.8705

    Address

  • Full Address: 14 Montserrat Rd
  • Address - House Number: 14
  • Address - Street Name: Montserrat
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 2768
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 588,230
  • High Value: 686,933
  • Low Value: 489,528

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,900
  • Assessed Land Value: $345,100
  • Assessed Improvements Value: $151,800

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200925003160
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: 55
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:

$745,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3189 ft²

Average Home Age

76.7 years

Currently For Sale

58 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72690909

Frequently Asked Questions

When was property at 14 Montserrat Road built and last sold?
The property at 14 Montserrat Road was built in 1976 and last sold on Aug 31, 2020 for $429,000.
How much is this home worth?
The estimated value of the home located at 14 Montserrat Road is $430,308.
What are some comparable homes to 14 Montserrat Road?
There are currently no comparable homes to 14 Montserrat Road.
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