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Beverly 01915
15 Laurel St.
$550,000
● House - Off Market

15 Laurel St.

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,733 Ft²
$703,246
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Classic 3 BR 2 Bath New England Colonial on one-way street in prime North Beverly location. This home features a large kitchen w/ new dishwasher and gas stove. An adjacent dining room area offers plenty of  room for seating. Flexible 1st floor has a light-filled sun room, living room w/hardwood floors, a full bath, and a den/ possible 4th bedroom. The 2nd floor has 3 bedrooms and a recently remodeled full bath with a skylight. Cedar closet in basement for additional storage. A level, sunny backyard with a large deck, vegetable garden, area for a fire pit, and a storage shed. 2 driveways: one on Laurel St; other on Budleigh Ave. Walk to commuter train, elementary school, shopping, including Starbucks and DD.
Unit Size
1,733 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$317
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1915

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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 #72728676)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Sep 1, 2020 Listed by REAL Broker MA LLC $549,900
Listed by REAL Broker MA LLC
Dec 1, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,777
  • Total Building Area: 1,733
  • Gross Building Area: 2,739
  • Building Area: 1,733
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,733
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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:0081 B:0017 L:
  • Block: 17
  • Municipality: BEVERLY
  • Latitude: 42.5818
  • Longitude: -70.8828

    Address

  • Full Address: 15 Laurel St
  • Address - House Number: 15
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C020
  • 4-Digit Zip Code: 1254
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $674,500

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 691,463
  • High Value: 797,876
  • Low Value: 585,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,600
  • Assessed Land Value: $371,900
  • Assessed Improvements Value: $228,700

    Sales

  • Current Sale Contract Date: Oct 14, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201106007060
  • Previous Sale Recording Date: Dec 01, 2010
  • Previous Sale Amount: $106,000
  • 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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2981 ft²

Average Home Age

86.4 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72728676

Frequently Asked Questions

When was property at 15 Laurel Street built and last sold?
The property at 15 Laurel Street was built in 1915 and last sold on Oct 14, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 15 Laurel Street is $0.
What are some comparable homes to 15 Laurel Street?
There are currently no comparable homes to 15 Laurel Street.
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