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Beverly 01915
18 Victor Ave
$456,000
● House - Off Market

18 Victor Ave

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,472 Ft²
$701,141
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

LOCATION, LOCATION, LOCATION! If you are looking for a home that is close the beach, downtown, the train, and the highway, look no further. Sitting on a nice level lot in the Cove/Montserrat neighborhood, this property has been tastefully updated in the last few years.  Level one has a large open concept living room and kitchen separated by a breakfast bar. The kitchen was updated recently with new cabinets, appliances and counter tops.  Also on the first level is a large dining room, full bath, and bedroom that can also function as a play room, office, or small family room.  The second level boasts a large front to back master bedroom, two additional bedrooms, and a full bath. A full unfinished basement has ample storage and laundry hookups. Recent upgrades: Roof, 2016; Heat, 2015; 2nd floor windows.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$306
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1950

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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 #72211258)

Price History

Date / Event Date Event Price
Sep 29, 2017 Sold
Premium
Sold
Aug 9, 2017 Listed by Keller Williams Realty Evolution $449,900
Listed by Keller Williams Realty Evolution
Aug 29, 2014 Sold
Premium
Sold
Jul 7, 2014 Listed by Keller Williams Realty Evolution $359,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 841
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,368
  • Total Building Area: 1,472
  • Gross Building Area: 2,589
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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:0137 L:
  • Block: 137
  • Municipality: BEVERLY
  • Latitude: 42.5551
  • Longitude: -70.8665

    Address

  • Full Address: 18 Victor Ave
  • Address - House Number: 18
  • Address - Street Name: Victor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C005
  • 4-Digit Zip Code: 3722
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,200

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 715,267
  • High Value: 837,009
  • Low Value: 593,525

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,000
  • Assessed Land Value: $345,800
  • Assessed Improvements Value: $233,200

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 391
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: O
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

49

Average Home Size

2973 ft²

Average Home Age

88.4 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# 72211258

Frequently Asked Questions

When was property at 18 Victor Avenue built and last sold?
The property at 18 Victor Avenue was built in 1950 and last sold on Jan 1, 1970 for $456,000.
How much is this home worth?
The estimated value of the home located at 18 Victor Avenue is $463,635.
What are some comparable homes to 18 Victor Avenue?
There are currently no comparable homes to 18 Victor Avenue.
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