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Beverly 01915
17 Morningside Dr
$465,000
● House - Off Market

17 Morningside Dr

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,177 Ft²
$894,856
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

North Beverly Neighborhood! - 1st SHOWINGS SUNDAY AT OPEN HOUSE, 7/13, 12-2PM.   Impeccable 4-bedroom expanded ranch with gleaming hardwood floors. Open floor plan makes this home perfect for entertaining. Two fireplaces. Huge family room with vaulted ceilings and opens out to deck that overlooks a large level yard with patio.  Perfect in-law set-up, home office, au-pair, or teen suite. Endless possibilities! ABSOLUTELY NOT A DRIVE-BY!!
Unit Size
3,177 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$154
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1968

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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 #71712594)

Price History

Date / Event Date Event Price
Oct 3, 2014 Sold
Premium
Sold
Jul 11, 2014 Listed by Fortunato Agency $489,900
Listed by Fortunato Agency

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,672
  • Gross Building Area: 3,548
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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: 217101

Zoning

  • Zoning: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0093 B:071G L:
  • Block: 71G
  • Municipality: BEVERLY
  • Latitude: 42.5894
  • Longitude: -70.8748

    Address

  • Full Address: 17 Morningside Dr
  • Address - House Number: 17
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1269
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $801,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 820,980
  • High Value: 947,157
  • Low Value: 694,803

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $713,500
  • Assessed Land Value: $388,900
  • Assessed Improvements Value: $324,600

    Sales

  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 300428
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

50

Average Home Size

3048 ft²

Average Home Age

86.7 years

Currently For Sale

56 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# 71712594

Frequently Asked Questions

When was property at 17 Morningside Drive built and last sold?
The property at 17 Morningside Drive was built in 1968 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 17 Morningside Drive is $541,997.
What are some comparable homes to 17 Morningside Drive?
There are currently no comparable homes to 17 Morningside Drive.
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