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Beverly 01915
2 Andover Rd
$721,500
● House - Off Market

2 Andover Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,503 Ft²
$628,960
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

***** NEW OFFER DEADLINE  NOON ON SUNDAY!****** North Beverly single-level living at its best! Amazing renovated kitchen with Bosch stainless steel appliances including 4-door refrigerator, low decibel dishwasher, induction stove with convection oven, stunning Shiloh cabinets, and leather finish granite counters. The list goes on... luxury vinyl plank flooring, recessed lighting, a new home office, and updated tile bathrooms. Newer Marvin and Anderson sash windows.Professionally landscaped property with flowering trees and perennial gardens. Fenced backyard with stone patio and newer garden shed. It is truly perfect for those downsizing or just starting out. Close to Henry's specialty market, Wholefoods plaza, Beverly Golf and tennis, The Commuter rail, beaches, and chic downtown shops and restaurants.
Unit Size
1,503 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$412
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1960

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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 #72986671)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 24, 2022 Listed by Century 21 North East $619,000
Listed by Century 21 North East
Jun 24, 2015 Sold
Premium
Sold
May 13, 2015 Listed by Century 21 North East $329,900
Listed by Century 21 North East
Jan 14, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,788
  • Total Building Area: 1,423
  • Gross Building Area: 1,876
  • Building Area: 1,423
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,423
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0053 B:0013 L:
  • Block: 13
  • Municipality: BEVERLY
  • Latitude: 42.5691
  • Longitude: -70.8992

    Address

  • Full Address: 2 Andover Rd
  • Address - House Number: 2
  • Address - Street Name: Andover
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 1602
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $703,900

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 700,726
  • High Value: 819,876
  • Low Value: 581,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,800
  • Assessed Land Value: $373,900
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220629002130
  • Previous Sale Recording Date: Jun 24, 2015
  • Previous Sale Amount: $330,000
  • 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

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# 72986671

Frequently Asked Questions

When was property at 2 Andover Road built and last sold?
The property at 2 Andover Road was built in 1960 and last sold on Jun 29, 2022 for $721,500.
How much is this home worth?
The estimated value of the home located at 2 Andover Road is $616,086.
What are some comparable homes to 2 Andover Road?
There are currently no comparable homes to 2 Andover Road.
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