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Beverly 01915
18 Putnam Street
$340,500
● House - Off Market

18 Putnam Street

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,490 Ft²
$643,031
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

FIRST SHOWINGS AT WEEKEND OPEN HOUSES: Sat 12-2 and Sun 12-1:30.  Three to four bedroom, two bath cape, located near North Beverly train station and elementary school.  Hardwood floors, updated kitchen that is open to the fireplaced living room, large screened porch.  Spacious yard, newer heating, electrical & oil tanks.  Just a great house in a desireable part of Beverly:  one of the Boston Globes Top Ten Places to Live in Massachusetts!
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$228
Property Type
House
Property Taxes
$338
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 #71577240)

Price History

Date / Event Date Event Price
Oct 16, 2013 Sold
Premium
Sold
Sep 3, 2013 Listed by Coldwell Banker Residential Brokerage - Beverly $339,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Mar 1, 2007 Sold
Premium
Sold
Jan 11, 2007 Listed by Coldwell Banker Residential Brokerage - Beverly $310,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,527
  • Gross Building Area: 2,854
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0081 B:0055 L:
  • Block: 55
  • Municipality: BEVERLY
  • Latitude: 42.5826
  • Longitude: -70.8821

    Address

  • Full Address: 18 Putnam St
  • Address - House Number: 18
  • Address - Street Name: Putnam
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C020
  • 4-Digit Zip Code: 1239
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 664,264
  • High Value: 772,286
  • Low Value: 556,241

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $565,900
  • Assessed Land Value: $364,500
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Recording Date: Oct 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 510
  • Previous Sale Recording Date: Mar 01, 2007
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71577240

Frequently Asked Questions

When was property at 18 Putnam Street built and last sold?
The property at 18 Putnam Street was built in 1945 and last sold on Jan 1, 1970 for $340,500.
How much is this home worth?
The estimated value of the home located at 18 Putnam Street is $360,778.
What are some comparable homes to 18 Putnam Street?
There are currently no comparable homes to 18 Putnam Street.
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