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Beverly 01915
16 Pine Rd
$460,000
● House - Off Market

16 Pine Rd

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$710,961
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Adorable multi-level home in Beverly Cove, 1st floor has a fireplaced living room, and an open kitchen/dining area.   From your whimsical  deck, enjoy the fenced-in back yard with its beautiful perennial plantings. Lower level bonus space with large windows has an attached full bath.  Upper level has 2 bedrooms and a full bath.  Large storage shed.  New roof.  New Windows and doors.  Close to Lynch Park and beaches.  This is a great opportunity to settle into the Cove.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$277
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1958

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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 #71994446)

Price History

Date / Event Date Event Price
Jun 29, 2016 Sold
Premium
Sold
Apr 26, 2016 Listed by Coldwell Banker Residential Brokerage - Manchester $425,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Mar 31, 2004 Sold
Premium
Sold
Jan 22, 2004 Listed by Coldwell Banker Residential Brokerage - Manchester $365,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 1,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,741
  • Total Building Area: 1,016
  • Gross Building Area: 2,302
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000178
  • 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:0227 L:
  • Block: 227
  • Municipality: BEVERLY
  • Latitude: 42.5584
  • Longitude: -70.8644

    Address

  • Full Address: 16 Pine Rd
  • Address - House Number: 16
  • Address - Street Name: Pine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3730
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $687,300

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 772,908
  • High Value: 892,398
  • Low Value: 653,417

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,000
  • Assessed Land Value: $383,000
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 167
  • Previous Sale Recording Date: Mar 31, 2004
  • Previous Sale Amount: $340,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 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# 71994446

Frequently Asked Questions

When was property at 16 Pine Road built and last sold?
The property at 16 Pine Road was built in 1958 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 16 Pine Road is $447,383.
What are some comparable homes to 16 Pine Road?
There are currently no comparable homes to 16 Pine Road.
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