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Beverly 01915
18 King Ter
$270,000
● House - Off Market

18 King Ter

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,168 Ft²
$433,799
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

Seller requests Highest & Best Offers.Multiple Offer Deadline – Nov 30, 2016, 05:53:00 PM  Property has fire damage. Will not pass conventional , FHA, MA Housing or VA guidelines. Systems not operable. This is Fannie Mae Homepath Property. Visit seller's site, for full details regarding property's availability guidelines. Seller requests all offers be submitted on-line @ www.homepath.com. Please call listing agent with any questions. Information obtained from public record. Buyer to verify all information. See attached documents for submitting offers.
Unit Size
2,168 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$124
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1974

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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 #72090907)

Price History

Date / Event Date Event Price
Mar 2, 2017 Sold
Premium
Sold
Nov 7, 2016 Listed by Tache Real Estate, Inc. $269,900
Listed by Tache Real Estate, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,032
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,794
  • Total Building Area: 1,446
  • Gross Building Area: 2,828
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 217102

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0067 B:057A L:
  • Block: 57A
  • Municipality: BEVERLY
  • Latitude: 42.5798
  • Longitude: -70.8899

    Address

  • Full Address: 18 King Ter
  • Address - House Number: 18
  • Address - Street Name: King
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Beverly
  • Carrier Code: C019
  • 4-Digit Zip Code: 1010
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,900

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 656,182
  • High Value: 781,591
  • Low Value: 530,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,200
  • Assessed Land Value: $375,900
  • Assessed Improvements Value: $272,300

    Sales

  • Current Sale Contract Date: Mar 01, 2017
  • Current Sale Recording Date: Mar 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 90
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Amount: $291,500
  • 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:

$749,450

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72090907

Frequently Asked Questions

When was property at 18 King Terrace built and last sold?
The property at 18 King Terrace was built in 1974 and last sold on Mar 1, 2017 for $270,000.
How much is this home worth?
The estimated value of the home located at 18 King Terrace is $313,160.
What are some comparable homes to 18 King Terrace?
There are currently no comparable homes to 18 King Terrace.
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