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Beverly 01915
16 Longmeadow Rd
$513,000
● House - Off Market

16 Longmeadow Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,348 Ft²
$563,929
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

OFFER ACCEPTED, OPEN HOUSE CANCELLED! Welcome home to this adorable 3 bed, 1.5 bath, 1348 sqft. Ranch situated on a .16 acre lot in a highly desirable North Beverly neighborhood! Interior offerings include updated kitchen and baths, a spacious floor plan, freshly painted throughout, easy to maintain laminate wood floors, newer kitchen appliances, and a master suite that feels and flows like an in-law apartment. Exterior features include updated replacement windows, vinyl siding, brick patio, fenced in and level back yard, storage shed, and driveway for off street parking for at least 2 cars. Excellent location with convenient access to local restaurants, shops and major highways.
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$371
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #72897477)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Sep 20, 2021 Listed by RE/MAX 360 $499,900
Listed by RE/MAX 360

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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: 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,348
  • Gross Building Area: 1,528
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 217102

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0054 B:0058 L:
  • Block: 58
  • Municipality: BEVERLY
  • Latitude: 42.5724
  • Longitude: -70.8909

    Address

  • Full Address: 16 Longmeadow Rd
  • Address - House Number: 16
  • Address - Street Name: Longmeadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C043
  • 4-Digit Zip Code: 1739
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,100
  • Initial Tax Delinquent Year: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 576,328
  • High Value: 673,053
  • Low Value: 479,603

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $500,500
  • Assessed Land Value: $327,300
  • Assessed Improvements Value: $173,200

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211130007640
  • Previous Sale Recording Date: Aug 06, 2013
  • 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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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: 5 years ago
Data Source: MLS PIN, MLS# 72897477

Frequently Asked Questions

When was property at 16 Longmeadow Road built and last sold?
The property at 16 Longmeadow Road was built in 1945 and last sold on Nov 30, 2021 for $513,000.
How much is this home worth?
The estimated value of the home located at 16 Longmeadow Road is $0.
What are some comparable homes to 16 Longmeadow Road?
There are currently no comparable homes to 16 Longmeadow Road.
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