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Beverly
17 Bayview Ave
$1,875,000
● House - Off Market

17 Bayview Ave

Beverly, MA 01923
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3,736 Ft²
$3,106,698
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Rarely offered Beverly Cove Direct Beachfront property with 180' of frontage on Rice's Beach. Rebuilt in 1999 from the foundation up, this contemporary 4 bedroom, 2 full and 2 half bath home was constructed with Southwest views exposure and entertaining in mind. The residence has an open floor plan with a balcony along the main level that overlooks a tranquil, secluded yard space with mature landscaping, lush lawn gardens, and a sandy beach. The stone patio right at the waters edge allows a spectacular vantage point to enjoy beach life. Two stone staircases allows easy beach access at both ends of the property. There is a concrete ramp for your Kayaks, and dinghy; the mooring to anchor your boat in front of your home completes the offering. This is a must see.
Unit Size
3,736 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$535
Property Type
House
Property Taxes
$1,517
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #72181077)

Price History

Date / Event Date Event Price
Aug 21, 2017 Sold
Premium
Sold
Jun 13, 2017 Listed by J. Barrett & Company $1,999,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,362
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,199
  • Total Building Area: 3,209
  • Gross Building Area: 6,263
  • Building Area: 3,209
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,209
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000418
  • 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:0007 B:0006 L:
  • Block: 6
  • Municipality: BEVERLY
  • Latitude: 42.5467
  • Longitude: -70.8567

    Address

  • Full Address: 17 Bay View Ave
  • Address - House Number: 17
  • Address - Street Name: Bay View
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C008
  • 4-Digit Zip Code: 4719
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,733,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,181,890
  • High Value: 2,550,883
  • Low Value: 1,812,896

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,434,500
  • Assessed Land Value: $1,712,400
  • Assessed Improvements Value: $722,100

    Sales

  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 282
  • Previous Sale Recording Date: Apr 02, 2004
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72181077

Frequently Asked Questions

When was property at 17 Bayview Avenue built and last sold?
The property at 17 Bayview Avenue was built in 1945 and last sold on Jan 1, 1970 for $1,875,000.
How much is this home worth?
The estimated value of the home located at 17 Bayview Avenue is $0.
What are some comparable homes to 17 Bayview Avenue?
There are currently no comparable homes to 17 Bayview Avenue.
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