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Beverly 01915
16 Pierce Ave
$555,000
● House - Off Market

16 Pierce Ave

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,955 Ft²
$833,798
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Do you have an eye for detail? This spectacular 3+ bdrm., 2 bath Colonial offers exquisite details. Expansive foyer offering leaded Paine windows, formal living room with pocket doors that lead into family room. Family room boast floor to ceiling fireplace with built in book shelves. Dining room has a pass through window leading into the kitchen.  Bright and sunny kitchen. Full bath with jacuzzi tub and three season porch complete the first floor.  Walk through closet between 2 bdrms. Walk up attic. Full walkout basement with workshop leads out to brick patio. Fenced in backyard. 4 car driveway. Close to downtown, library and beaches. Exceptional family home to create lasting memories.
Unit Size
1,955 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$299
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1900

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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 #72491716)

Price History

Date / Event Date Event Price
Jul 22, 2019 Sold
Premium
Sold
May 1, 2019 Listed by Keller Williams Realty Evolution $585,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,045
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,432
  • Total Building Area: 1,955
  • Gross Building Area: 4,145
  • Building Area: 1,955
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,955
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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: R6

Geography

  • Account Number: R6
  • Parcel: BEVE M:0020 B:0347 L:
  • Block: 347
  • Municipality: BEVERLY
  • Latitude: 42.5536
  • Longitude: -70.8777

    Address

  • Full Address: 16 Pierce Ave
  • Address - House Number: 16
  • Address - Street Name: Pierce
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C028
  • 4-Digit Zip Code: 3522
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $807,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 844,013
  • High Value: 987,528
  • Low Value: 700,498

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $719,200
  • Assessed Land Value: $378,300
  • Assessed Improvements Value: $340,900

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190722003910
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

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: 4 months ago
Data Source: MLS PIN, MLS# 72491716

Frequently Asked Questions

When was property at 16 Pierce Avenue built and last sold?
The property at 16 Pierce Avenue was built in 1900 and last sold on Jul 15, 2019 for $555,000.
How much is this home worth?
The estimated value of the home located at 16 Pierce Avenue is $606,404.
What are some comparable homes to 16 Pierce Avenue?
There are currently no comparable homes to 16 Pierce Avenue.
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