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Beverly 01915
16 Parramatta Rd
$510,000
● House - Off Market

16 Parramatta Rd

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,217 Ft²
$710,748
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Welcome Home to 16 Parramatta Road!  This adorable raised ranch features 2 bedrooms, 2 bathrooms, expansive two-car garage, a four-season back porch that over looks a gorgeous heated in-ground pool, tons of storage, and so much more! As you walk down this wonderful tree-lined street, you are reminded why Beverly is one of the greatest cities in New England!  Everything you need is a right around you, including the Montserrat Commuter Rail Station, the brand new Whole Foods at North Shore Crossing, North Shore Music Theater, and much more.  Don't miss out on a perfect place to call home!
Unit Size
1,217 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$410
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72575427)

Price History

Date / Event Date Event Price
Nov 12, 2019 Sold
Premium
Sold
Oct 4, 2019 Listed by Century 21 North East $499,000
Listed by Century 21 North East
Aug 1, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,077
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 10,720
  • Total Building Area: 1,217
  • Gross Building Area: 2,835
  • Building Area: 1,217
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,217
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000000246
  • 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:0032 B:0072 L:
  • Block: 72
  • Municipality: BEVERLY
  • Latitude: 42.5608
  • Longitude: -70.8675

    Address

  • Full Address: 16 Parramatta Rd
  • Address - House Number: 16
  • Address - Street Name: Parramatta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3650
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,400

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 719,886
  • High Value: 842,414
  • Low Value: 597,357

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,600
  • Assessed Land Value: $389,100
  • Assessed Improvements Value: $251,500

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191112004620
  • Previous Sale Recording Date: Aug 01, 2000
  • Previous Sale Amount: $260,000
  • 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

3001 ft²

Average Home Age

87.3 years

Currently For Sale

52 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72575427

Frequently Asked Questions

When was property at 16 Parramatta Road built and last sold?
The property at 16 Parramatta Road was built in 1950 and last sold on Nov 5, 2019 for $510,000.
How much is this home worth?
The estimated value of the home located at 16 Parramatta Road is $510,486.
What are some comparable homes to 16 Parramatta Road?
There are currently no comparable homes to 16 Parramatta Road.
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