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Beverly 01915
2 Mill St
Photo of 2 Mill St

14

Map

Photo of 2 Mill St
Photo of 2 Mill St
$495,000
● House - Off Market

2 Mill St

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,034 Ft²
$2,790
Est. Monthly

About This Property

Priced to reflect the cosmetic updates needed, this home offers incredible potential. Commuting is an absolute breeze with quick, easy access to Route 128 and the Montserrat MBTA train station.Step inside to an expansive, open-concept main level featuring gleaming hardwood floors, a spacious 14x16 living room, and a wide-open dining area that flows seamlessly into the kitchen-perfect for entertaining. Both bedrooms are located on the second level (12x15 each), offering rare, equal-sized layouts.This property is being sold completely AS-IS.  Priced aggressively below a recent certified private appraisal ($525,000)!  Image virtually staged for visualization purposes! Property is tenant occupied. Please do not disturb tenants or walk the property without an appointment.
Unit Size
1,034 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$479
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 28 days ago (MLSPIN #73515304)

Price History

Date / Event Date Event Price
Sep 1, 2026 Temporarily off market -
Temporarily off market
Jun 21, 2026 Price Decreased $495,000
↓ $900 (0.2%)
Price Decreased
May 26, 2026 Price Decreased $495,900
↓ $54K (9.8%)
Price Decreased
May 19, 2026 Listed by Cloeh Silva Realty INC $549,900
Listed by Cloeh Silva Realty INC
Aug 12, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 224
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,430
  • Total Building Area: 1,034
  • Gross Building Area: 1,626
  • Building Area: 1,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,034
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000102
  • 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: 217300

Zoning

  • Zoning: RMD

Geography

  • Account Number: RMD
  • Parcel: BEVE M:0020 B:029A L:
  • Block: 29A
  • Municipality: BEVERLY
  • Latitude: 42.5573
  • Longitude: -70.8833

    Address

  • Full Address: 2 Mill St
  • Address - House Number: 2
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C046
  • 4-Digit Zip Code: 3114
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $389,000

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 458,814
  • High Value: 544,261
  • Low Value: 373,367

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $346,400
  • Assessed Land Value: $204,000
  • Assessed Improvements Value: $142,400

    Sales

  • Current Sale Recording Date: Aug 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81200117
  • Previous Sale Recording Date: Dec 18, 1997
  • Previous Sale Amount: $82,500
  • 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

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: 28 days ago
Data Source: MLS PIN, MLS# 73515304

Frequently Asked Questions

When was property at 2 Mill Street built and last sold?
The property at 2 Mill Street was built in 1975 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 2 Mill Street is $477,711.
What are some comparable homes to 2 Mill Street?
There are currently no comparable homes to 2 Mill Street.
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