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Beverly 01915
18 Columbus Ave
$310,000
● House - Off Market

18 Columbus Ave

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,010 Ft²
$1,882
Est. Monthly

About This Property

THIS HOME WILL NOT QUALIFY FOR CONVENTIONAL FINANCING, MUST HAVE CASH OR 203K CONSTRUCTION LOAN!  Subject to third party approval    All offers must be submitted with a signed Short Sale Disclosure from which can be found in MLS under attachments.  SOME RADIATORS CRACKED, however immense potential, classic period home, formal dining room, fireplace, bay windows, wrap around porch, period details through out, 5 bedrooms 1 1/2 baths.  A gem waiting to be polished.
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$154
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1913

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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: 7 months ago (MLSPIN #71120093)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Apr 11, 2011 Sold
Premium
Sold
Aug 6, 2010 Listed by RE/MAX Advantage Real Estate $310,000
Listed by RE/MAX Advantage Real Estate
Jun 28, 1996 Sold
Premium
Sold
Feb 26, 1996 Listed by RE/MAX Advantage Real Estate $179,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 951
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 6,704
  • Total Building Area: 1,927
  • Gross Building Area: 4,376
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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:0020 B:0422 L:
  • Block: 422
  • Municipality: BEVERLY
  • Latitude: 42.5561
  • Longitude: -70.8765

    Address

  • Full Address: 18 Columbus Ave
  • Address - House Number: 18
  • Address - Street Name: Columbus
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C012
  • 4-Digit Zip Code: 3510
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $741,500

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 811,260
  • High Value: 949,206
  • Low Value: 673,315

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $660,300
  • Assessed Land Value: $380,900
  • Assessed Improvements Value: $279,400

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230317001330
  • Previous Sale Recording Date: Apr 11, 2011
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: 34
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

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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: 7 months ago
Data Source: MLS PIN, MLS# 71120093

Frequently Asked Questions

When was property at 18 Columbus Avenue built and last sold?
The property at 18 Columbus Avenue was built in 1913 and last sold on Mar 17, 2023 for $811,700.
How much is this home worth?
The estimated value of the home located at 18 Columbus Avenue is $308,103.
What are some comparable homes to 18 Columbus Avenue?
There are currently no comparable homes to 18 Columbus Avenue.
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