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Beverly 01915
18 Bates Park Ave
$464,900
● House - Off Market

18 Bates Park Ave

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,736 Ft²
$662,060
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Move right into this spacious 8 room Cape with 3 + bedrooms & 1 ½ baths, open floor plan, lots of hardwood floors, fireplaced living room, 1st floor Master Bedroom, plenty of 2nd level closet space for each bedroom. Heated lower level Teen Suite with separate exterior walk out entrance to private yard. Additional, rear exterior entrance to large work shop with ample room to store your garden tools and patio furniture. Private rear yard with patio area. Short distance to Obear Park or Femino Park/Lindsey Field. Easy access to highway or Beverly Train Depot.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$268
Property Type
House
Property Taxes
$428
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 months ago (MLSPIN #72554530)

Price History

Date / Event Date Event Price
Oct 22, 2019 Sold
Premium
Sold
Aug 24, 2019 Listed by Keller Williams Realty Evolution $464,900
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,136
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,141
  • Total Building Area: 1,736
  • Gross Building Area: 3,102
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0009 B:0216 L:
  • Block: 216
  • Municipality: BEVERLY
  • Latitude: 42.5505
  • Longitude: -70.9011

    Address

  • Full Address: 18 Bates Park Ave
  • Address - House Number: 18
  • Address - Street Name: Bates Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4002
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 688,365
  • High Value: 805,528
  • Low Value: 571,202

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,300
  • Assessed Land Value: $331,100
  • Assessed Improvements Value: $236,200

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191022003300
  • Previous Sale Recording Date: Jun 27, 2008
  • 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:

$749,450

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# 72554530

Frequently Asked Questions

When was property at 18 Bates Park Avenue built and last sold?
The property at 18 Bates Park Avenue was built in 1945 and last sold on Oct 21, 2019 for $464,900.
How much is this home worth?
The estimated value of the home located at 18 Bates Park Avenue is $489,116.
What are some comparable homes to 18 Bates Park Avenue?
There are currently no comparable homes to 18 Bates Park Avenue.
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