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Beverly 01915
16 Garfield Ave
Photo of 16 Garfield Ave
Sold on Nov 20, 2009

1

Map

$295,000
● House - Off Market

16 Garfield Ave

Beverly, MA 01915
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,096 Ft²
$623,520
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

Cozy 7 room  home 1 1/2 baths, located in a great family neighborhood of Ryal side!  Enclosed rear yard  and only a Short walk to Femino/Lindsay Park or Obear Park  and beach area of Danvers River, easy access to highways.
Unit Size
1,096 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$273
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1940

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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 #70982220)

Price History

Date / Event Date Event Price
Nov 20, 2009 Sold
Premium
Sold
Sep 29, 2009 Listed $299,500
Listed
May 30, 2003 Sold
Premium
Sold
Jan 1, 2003 Listed $285,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • 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: 680
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,088
  • Gross Building Area: 2,204
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PUTNAM PARK
  • Land Acres: 0000000115
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0008 B:0076 L:
  • Block: 76
  • Municipality: BEVERLY
  • Latitude: 42.5498
  • Longitude: -70.907

    Address

  • Full Address: 16 Garfield Ave
  • Address - House Number: 16
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C023
  • 4-Digit Zip Code: 3914
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,600

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 601,988
  • High Value: 704,450
  • Low Value: 499,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,200
  • Assessed Land Value: $325,600
  • Assessed Improvements Value: $165,600

    Sales

  • Current Sale Recording Date: Nov 20, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 30, 2003
  • Previous Sale Amount: $275,000
  • 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

51

Average Home Size

3125 ft²

Average Home Age

89.3 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70982220

Frequently Asked Questions

When was property at 16 Garfield Avenue built and last sold?
The property at 16 Garfield Avenue was built in 1940 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 16 Garfield Avenue is $319,019.
What are some comparable homes to 16 Garfield Avenue?
There are currently no comparable homes to 16 Garfield Avenue.
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