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Beverly 01915
16 Mckinley Avenue
$385,000
● House - Off Market

16 Mckinley Avenue

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,100 Ft²
$730,849
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

With a white front covered porch, a painted soft yellow exterior, and a grassy backyard area, this Prospect Hill residence will impress you. This home consists of eight rooms in total, including four bedrooms, a walk-up attic, large kitchen and dining room, and one half and one full bathroom. Mellow on the inside as much as the out, the beautiful pale colored rooms along with the variety of wood, tile and vinyl flooring really compliment the finished look. A paved driveway and surrounding plant life are just other benefits to this colonial inspired home. A true pleasure to show, this home has been freshly updated and is move-in ready!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$183
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1905

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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 #71593385)

Price History

Date / Event Date Event Price
Nov 27, 2013 Sold
Premium
Sold
Oct 6, 2013 Listed by Keller Williams Realty Evolution $385,000
Listed by Keller Williams Realty Evolution
Sep 6, 2013 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,242
  • Total Building Area: 1,708
  • Gross Building Area: 3,876
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0020 B:0474 L:
  • Block: 474
  • Municipality: BEVERLY
  • Latitude: 42.5575
  • Longitude: -70.8761

    Address

  • Full Address: 16 Mckinley Ave
  • Address - House Number: 16
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C012
  • 4-Digit Zip Code: 3430
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $750,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 787,719
  • High Value: 921,792
  • Low Value: 653,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $668,300
  • Assessed Land Value: $379,900
  • Assessed Improvements Value: $288,400

    Sales

  • Current Sale Recording Date: Nov 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 509
  • Previous Sale Recording Date: Sep 06, 2013
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: O
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

$455

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3148 ft²

Average Home Age

84.6 years

Currently For Sale

61 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 months ago
Data Source: MLS PIN, MLS# 71593385

Frequently Asked Questions

When was property at 16 McKinley Avenue built and last sold?
The property at 16 McKinley Avenue was built in 1905 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 16 McKinley Avenue is $418,254.
What are some comparable homes to 16 McKinley Avenue?
There are currently no comparable homes to 16 McKinley Avenue.
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