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Beverly 01915
2 Arbella Dr
$405,000
● House - Off Market

2 Arbella Dr

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,168 Ft²
$655,749
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Great home in a wonderful Centerville location! The main floor boasts 3 generously sized bedrooms, a large living room, eat-in kitchen, formal dining room and family room with built in bookcases and sliders that walk out to the back deck. The deck overlooks an in-ground pool and manicured garden. The lower level has an oversized 2nd family room with a wood burning fireplace, a laundry room and lots of storage. There is an additional storage room on the lower level that has a functioning pellet stove. Conveniently located close to Centerville School, Gordon College, parks and  route 128. Great space, great location and great value! SHOWN BY APPOINTMENT. Any offers to be submitted by Sunday 11/13 by 7pm. OPEN SUNDAY 11/13 from 11am to 12:30PM.
Unit Size
2,168 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$184
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1978

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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 #72090371)

Price History

Date / Event Date Event Price
Dec 15, 2016 Sold
Premium
Sold
Nov 6, 2016 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Apr 1, 2003 Sold
Premium
Sold
Oct 22, 2002 Listed by J. Barrett & Company $419,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,392
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 26,358
  • Total Building Area: 1,472
  • Gross Building Area: 2,960
  • 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: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORGAN ACRES
  • Land Acres: 0000000605
  • 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: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0086 B:0033 L:
  • Block: 33
  • Municipality: BEVERLY
  • Latitude: 42.5848
  • Longitude: -70.8326

    Address

  • Full Address: 2 Arbella Dr
  • Address - House Number: 2
  • Address - Street Name: Arbella
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C036
  • 4-Digit Zip Code: 1402
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,700

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 705,758
  • High Value: 825,882
  • Low Value: 585,634

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,300
  • Assessed Land Value: $341,700
  • Assessed Improvements Value: $271,600

    Sales

  • Current Sale Recording Date: Dec 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146
  • Previous Sale Recording Date: Apr 01, 2003
  • Previous Sale Amount: $415,000
  • 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:

$749,450

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72090371

Frequently Asked Questions

When was property at 2 Arbella Drive built and last sold?
The property at 2 Arbella Drive was built in 1978 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 2 Arbella Drive is $447,184.
What are some comparable homes to 2 Arbella Drive?
There are currently no comparable homes to 2 Arbella Drive.
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