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Beverly 01915
18 Middle Street
$287,000
● House - Off Market

18 Middle Street

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,224 Ft²
$544,291
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

First open house this Sunday 7/20/14 from 12-2pm.  Great ranch located on 10,000 square foot lot in sought after Beverly Cove neighborhood.  This home features gleaming hardwood floors, updated electric, plumbing, heat and newer windows.  Huge bonus room in basement in basement with fireplace, half bath and walkout to back yard.  Oversized garage has a work area with water and electric.  Make this home your own and be close to beaches, downtown, Lynch Park, Montserrat station and everything Beverly has to offer.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$245
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1961

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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 #71713818)

Price History

Date / Event Date Event Price
Aug 29, 2014 Sold
Premium
Sold
Jul 15, 2014 Listed by Century 21 N. Shore $299,900
Listed by Century 21 N. Shore

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 816
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 816
  • Gross Building Area: 1,968
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0021 B:0174 L:
  • Block: 174
  • Municipality: BEVERLY
  • Latitude: 42.5536
  • Longitude: -70.8678

    Address

  • Full Address: 18 Middle St
  • Address - House Number: 18
  • Address - Street Name: Middle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C005
  • 4-Digit Zip Code: 3708
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,600

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 617,499
  • High Value: 729,039
  • Low Value: 505,959

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,900
  • Assessed Land Value: $387,600
  • Assessed Improvements Value: $187,300

    Sales

  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82900071
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

3001 ft²

Average Home Age

87.3 years

Currently For Sale

52 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# 71713818

Frequently Asked Questions

When was property at 18 Middle Street built and last sold?
The property at 18 Middle Street was built in 1961 and last sold on Jan 1, 1970 for $287,000.
How much is this home worth?
The estimated value of the home located at 18 Middle Street is $316,647.
What are some comparable homes to 18 Middle Street?
There are currently no comparable homes to 18 Middle Street.
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