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Beverly 01915
17 Bancroft Ave.
$557,000
● House - Off Market

17 Bancroft Ave.

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,547 Ft²
$870,243
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Well maintained, updated Cape style home.  Many great features inside and out..cork flooring in the 1st floor half bath, built in cabinets, hardwood throughout, security system, a pergola covered brick patio, irrigation system and a beautifully landscaped yard to name just a few. Brick front walk and driveway add to the charm of this Cape.  Summer days can be spent sitting under the pergola enjoying the comfort of the private back yard and in the winter sit by the warmth of the gas fireplace. Come on by the Open House on Sunday, August 28th from Noon - 2pm.
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$339
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1941

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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 #72058496)

Price History

Date / Event Date Event Price
Oct 13, 2016 Sold
Premium
Sold
Aug 25, 2016 Listed by Keller Williams Realty Evolution $525,000
Listed by Keller Williams Realty Evolution
Oct 15, 2008 Sold
Premium
Sold
Jul 7, 2008 Listed by Keller Williams Realty Evolution $525,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 838
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,986
  • Total Building Area: 1,547
  • Gross Building Area: 2,966
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • 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:0012 B:0050 L:
  • Block: 50
  • Municipality: BEVERLY
  • Latitude: 42.5485
  • Longitude: -70.8733

    Address

  • Full Address: 17 Bancroft Ave
  • Address - House Number: 17
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C004
  • 4-Digit Zip Code: 5203
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $789,500

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 869,793
  • High Value: 1,003,472
  • Low Value: 736,114

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $703,000
  • Assessed Land Value: $453,600
  • Assessed Improvements Value: $249,400

    Sales

  • Current Sale Recording Date: Oct 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 262
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 72058496

Frequently Asked Questions

When was property at 17 Bancroft Avenue built and last sold?
The property at 17 Bancroft Avenue was built in 1941 and last sold on Jan 1, 1970 for $557,000.
How much is this home worth?
The estimated value of the home located at 17 Bancroft Avenue is $542,816.
What are some comparable homes to 17 Bancroft Avenue?
There are currently no comparable homes to 17 Bancroft Avenue.
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