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Beverly 01915
198 Hale Street
$480,000
● House - Off Market

198 Hale Street

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,783 Ft²
$815,820
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

This charming and lovingly-maintained ranch, in desirable Beverly Cove near Brackenbury Beach and moments away from Lynch Park, awaiting a new owner to make it their own. Terrific open floor plan and flow, set back with a magnificent lot, deck, enclosed gazebo, perfect for BBQ's or entertaining with family and friends! Pride of ownership in this 7-room home with gleaming hardwood floors, beautiful yard, full basement,  2-car garage with newer driveway and plenty of parking. Updates include 2008 gas heating system, New roof in 2007, 2008 Rhino Shield exterior paint.  Perfectly located near vibrant downtown, major highways, beaches and all that Beverly has to offer.
Unit Size
1,783 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$275
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1955

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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 #72041647)

Price History

Date / Event Date Event Price
Sep 15, 2016 Sold
Premium
Sold
Jul 21, 2016 Listed by Coldwell Banker Residential Brokerage - Salem $489,900
Listed by Coldwell Banker Residential Brokerage - Salem

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,177
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,944
  • Total Building Area: 1,783
  • Gross Building Area: 3,779
  • Building Area: 1,783
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,783
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • 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: 217601

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0022 B:0243 L:
  • Block: 243
  • Municipality: BEVERLY
  • Latitude: 42.5545
  • Longitude: -70.8564

    Address

  • Full Address: 198 Hale St
  • Address - House Number: 198
  • Address - Street Name: Hale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C008
  • 4-Digit Zip Code: 3849
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $715,000

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 801,517
  • High Value: 937,806
  • Low Value: 665,228

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $636,700
  • Assessed Land Value: $397,500
  • Assessed Improvements Value: $239,200

    Sales

  • Current Sale Recording Date: Sep 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67
  • Previous Sale Recording Date: Apr 22, 2015
  • Previous Sale Document Type: 27
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 72041647

Frequently Asked Questions

When was property at 198 Hale Street built and last sold?
The property at 198 Hale Street was built in 1955 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 198 Hale Street is $511,064.
What are some comparable homes to 198 Hale Street?
There are currently no comparable homes to 198 Hale Street.
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