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Beverly 01915
2 Nelson Avenue
$450,000
● House - Off Market

2 Nelson Avenue

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,029 Ft²
$752,615
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

This North Beverly Cape Cod-style home has been meticulously maintained! The first floor boasts one bedroom and a full bath with claw-foot tub, a sunny dining room, kitchen with solid-surface counters and gas stove, fireplaced living room, and a screened-in porch overlooking a private, level, enclosed back yard. Completing the first floor is breezeway/mudroom/laundry room and an attached one-car garage.  The second floor has two bedrooms, one with a walk-in closet, and a full bath with an oversized shower.  The basement is ready for finishing.  The electric service has been upgraded to 200 Amp.  This home is a .3 miles from the North Beverly train station and is a short distance to restaurants, shopping, and schools.
Unit Size
2,029 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$222
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1941

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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 #71983045)

Price History

Date / Event Date Event Price
Jun 21, 2016 Sold
Premium
Sold
Apr 5, 2016 Listed by Keller Williams Realty Evolution $449,900
Listed by Keller Williams Realty Evolution
Feb 28, 2005 Sold
Premium
Sold
Nov 9, 2004 Listed by Churchill Properties $429,000
Listed by Churchill Properties
Charming Nantucket style cape with new kitchen and 2nd floor bath. Bedroom and full bath on first floor. Very short distance to train, lovely yard and sun room, fireplaced living room with hardwood.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 800
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,629
  • Gross Building Area: 3,159
  • Building Area: 1,629
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,629
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VINCENT T FREEMAN
  • Land Acres: 0000000207
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0081 B:0078 L:
  • Block: 78
  • Municipality: BEVERLY
  • Latitude: 42.5853
  • Longitude: -70.8815

    Address

  • Full Address: 2 Nelson Ave
  • Address - House Number: 2
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1108
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $695,500

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 738,665
  • High Value: 864,389
  • Low Value: 612,940

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,300
  • Assessed Land Value: $372,300
  • Assessed Improvements Value: $247,000

    Sales

  • Current Sale Recording Date: Jun 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 259
  • Previous Sale Recording Date: Jan 16, 2014
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71983045

Frequently Asked Questions

When was property at 2 Nelson Avenue built and last sold?
The property at 2 Nelson Avenue was built in 1941 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 2 Nelson Avenue is $481,047.
What are some comparable homes to 2 Nelson Avenue?
There are currently no comparable homes to 2 Nelson Avenue.
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