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Beverly 01915
15 Colgate Road
$445,000
● House - Off Market

15 Colgate Road

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,632 Ft²
$622,387
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Raymond Farms Ranch features 4 bedrooms, 3 full baths, large living/dining room with fireplace and picture windows overlooking large, flat, fenced backyard;  fully applianced kitchen with island/table, family room with mudroom leading to side and back yard, laundry, newer heat and hot water system, cedar closet, Master Suite with bath, vinyl-sided. Located on wide street in neighborhood near Cummings Center, commuter rail, golf course, shopping, schools and Rt. 128.  Welcome home!      First showings at Open Houses, Saturday & Sunday, 7/27 & 28, 1-2:30.  Offer deadline is 7/30/19 at 12PM noon sent to listing agent by email.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$267
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1956

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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 months ago (MLSPIN #72540041)

Price History

Date / Event Date Event Price
Aug 6, 2025 Temporarily off market -
Temporarily off market
Aug 1, 2025 Price Decreased $775,000
↓ $25K (3.1%)
Price Decreased
Jul 22, 2025 Price Decreased $800,000
↓ $25K (3%)
Price Decreased
Jul 9, 2025 Listed $825,000
Listed
Sep 5, 2019 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 10,920
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYMOND FARMS BEVERLY
  • Land Acres: 0000000251
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0041 B:0024 L:
  • Block: 24
  • Municipality: BEVERLY
  • Latitude: 42.5679
  • Longitude: -70.8966

    Address

  • Full Address: 15 Colgate Rd
  • Address - House Number: 15
  • Address - Street Name: Colgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C021
  • 4-Digit Zip Code: 5601
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 647,306
  • High Value: 760,609
  • Low Value: 534,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,800
  • Assessed Land Value: $376,100
  • Assessed Improvements Value: $172,700

    Sales

  • Current Sale Contract Date: Aug 05, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190905001940
  • Previous Sale Recording Date: Jun 30, 1993
  • Previous Sale Amount: $151,000
  • 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

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 years

Currently For Sale

53 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: 4 months ago
Data Source: MLS PIN, MLS# 72540041

Frequently Asked Questions

When was property at 15 Colgate Road built and last sold?
The property at 15 Colgate Road was built in 1956 and last sold on Aug 5, 2019 for $445,000.
How much is this home worth?
The estimated value of the home located at 15 Colgate Road is $756,540.
What are some comparable homes to 15 Colgate Road?
There are currently no comparable homes to 15 Colgate Road.
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