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Beverly 01915
16 Colonial Road
Photo of 16 Colonial Road
Sold on Jun 24, 2011

1

Map

$350,000
● House - Off Market

16 Colonial Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,780 Ft²
$737,938
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

Well-maintained Cape Style Home.  Prime cul-de-sac-location just minutes away from Route 128.  This charming floor plan delivers 3 bedrooms, 1.5 bathrooms, a welcoming living room with built-in bookcases, wood floors and a wood-burning fireplace.  The gracious dining room has two built-in china cabinets and wood floors.  Other features incude a den, a partially finished basement, and an attached 2-car garage with walk up loft for extra storage or expansion.  New roof, 4 year old furnace.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$202
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71221291)

Price History

Date / Event Date Event Price
Jun 24, 2011 Sold
Premium
Sold
Apr 25, 2011 Listed by EXIT Realty Beatrice Associates $359,000
Listed by EXIT Realty Beatrice Associates
Jun 7, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,385
  • Total Building Area: 1,552
  • Gross Building Area: 3,944
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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:0068 B:0113 L:
  • Block: 113
  • Municipality: BEVERLY
  • Latitude: 42.5775
  • Longitude: -70.878

    Address

  • Full Address: 16 Colonial Rd
  • Address - House Number: 16
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C014
  • 4-Digit Zip Code: 1816
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,200

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 712,987
  • High Value: 833,697
  • Low Value: 592,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,200
  • Assessed Land Value: $329,700
  • Assessed Improvements Value: $247,500

    Sales

  • Current Sale Recording Date: Jun 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 07, 1991
  • Previous Sale Amount: $182,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71221291

Frequently Asked Questions

When was property at 16 Colonial Road built and last sold?
The property at 16 Colonial Road was built in 1959 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 16 Colonial Road is $387,008.
What are some comparable homes to 16 Colonial Road?
There are currently no comparable homes to 16 Colonial Road.
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