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Beverly 01915
2 Foster Dr
$450,000
● House - Off Market

2 Foster Dr

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,633 Ft²
$669,079
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

How would you like to live in a Beverly Cove neighborhood handy to the T, beach, beautiful Lynch Park, downtown restaurants & entertainment with easy access to highway?  You'll love this comfortable 3 bedroom 2 bath expanded Cape offering a spacious master bedroom. Versatile floor plan features a cheerful kitchen open to your living or dining room. An oversized  heated mudroom leads out to a new spectacular patio where you'll smell the fresh ocean air & enjoy sea breezes ! Hop on the Train or in your car to experience how this home fits your lifestyle. Showings begin Thursday April 25th 5-6:30 at Commuter Open House.  There will be an Open House Saturday 4/27 12:30-2 PM. Please submit offers on or before MondayApril 29th 5PM. If any offers, Seller will respond to them April 30th, Tuesday by 5PM.
Unit Size
1,633 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$287
Property Type
House
Property Taxes
$463
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 #72486001)

Price History

Date / Event Date Event Price
Jun 10, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by RE/MAX Advantage Real Estate $468,888
Listed by RE/MAX Advantage Real Estate
Jan 24, 2014 Sold
Premium
Sold
Nov 14, 2013 Listed by RE/MAX Advantage Real Estate $399,000
Listed by RE/MAX Advantage Real Estate
Jun 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • 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: 19
  • 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: 854
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,710
  • Total Building Area: 1,525
  • Gross Building Area: 2,991
  • Building Area: 1,525
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,525
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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:0032 B:0157 L:
  • Block: 157
  • Municipality: BEVERLY
  • Latitude: 42.5604
  • Longitude: -70.8653

    Address

  • Full Address: 2 Foster Dr
  • Address - House Number: 2
  • Address - Street Name: Foster
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C037
  • 4-Digit Zip Code: 1904
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $673,500

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 713,978
  • High Value: 838,952
  • Low Value: 589,004

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,700
  • Assessed Land Value: $382,900
  • Assessed Improvements Value: $216,800

    Sales

  • Current Sale Contract Date: Jun 05, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190610004750
  • Previous Sale Recording Date: Jan 24, 2014
  • Previous Sale Amount: $385,000
  • 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:

$749,450

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72486001

Frequently Asked Questions

When was property at 2 Foster Drive built and last sold?
The property at 2 Foster Drive was built in 1950 and last sold on Jun 5, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 2 Foster Drive is $483,022.
What are some comparable homes to 2 Foster Drive?
There are currently no comparable homes to 2 Foster Drive.
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