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Beverly 01915
16 Matthies
$248,000
● House - Off Market

16 Matthies

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,619 Ft²
$532,306
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

Spacious 3 BR Colonial in great neighborhood. Huge kitchen with ample cabinets , LR with bow window, sep. DR w. closet, new carpets in downstairs and hall, large bathroom with 2 windows, all rooms have ceiling fans, plastered walls and smooth finish ceilings, woodwork replaced or refinished, tray ceiling in MBR. Roof, Boiler and  Windows  all replaced within last 6 years. Nice fenced yard with stonewall and cement walkways. Basement workshop. Wonderful opportunity for young family.
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$154
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1940

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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 #71274513)

Price History

Date / Event Date Event Price
Dec 31, 2020 Sold
Premium
Sold
Nov 17, 2020 Listed by Keller Williams Realty Evolution $599,000
Listed by Keller Williams Realty Evolution
Oct 28, 2011 Sold
Premium
Sold
Aug 12, 2011 Listed by Keller Williams Realty Evolution $249,950
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 790
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,948
  • Total Building Area: 1,847
  • Gross Building Area: 3,101
  • Building Area: 1,847
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,847
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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:0029 B:0108 L:
  • Block: 108
  • Municipality: BEVERLY
  • Latitude: 42.5598
  • Longitude: -70.8922

    Address

  • Full Address: 16 Matthies St
  • Address - House Number: 16
  • Address - Street Name: Matthies
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C021
  • 4-Digit Zip Code: 3026
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $708,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 749,643
  • High Value: 868,052
  • Low Value: 631,234

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,000
  • Assessed Land Value: $309,200
  • Assessed Improvements Value: $321,800

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201231002980
  • Previous Sale Recording Date: Oct 28, 2011
  • Previous Sale Amount: $248,000
  • 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 months ago
Data Source: MLS PIN, MLS# 71274513

Frequently Asked Questions

When was property at 16 Matthies Street built and last sold?
The property at 16 Matthies Street was built in 1940 and last sold on Dec 28, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 16 Matthies Street is $617,267.
What are some comparable homes to 16 Matthies Street?
There are currently no comparable homes to 16 Matthies Street.
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