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Beverly 01915
2 Ober Ln
$480,000
● House - Off Market

2 Ober Ln

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,525 Ft²
$1,078,209
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Rare opportunity to own magnificent , spacious, sunlit colonial in highly desirable seaside, Cove location!... stroll from this peaceful country lane to oceanside park, Rose Garden overlooking sandy beach...near enough to walk to vibrant downtown restaurants, cafes,shops, theatre, Common, Public Library, and even com-rail to Boston! unusually charming... authentic period details,... private gardens......
Unit Size
2,525 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$197
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1931

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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 #71292616)

Price History

Date / Event Date Event Price
Dec 2, 2011 Sold
Premium
Sold
Sep 26, 2011 Listed by Indeck Real Estate $498,000
Listed by Indeck Real Estate
Dec 1, 2000 Sold
Premium
Sold
Aug 24, 2000 Listed by Indeck Real Estate $549,000
Listed by Indeck Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 819
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,656
  • Total Building Area: 2,450
  • Gross Building Area: 3,975
  • Building Area: 2,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,450
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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:0013 B:0057 L:
  • Block: 57
  • Municipality: BEVERLY
  • Latitude: 42.5494
  • Longitude: -70.8649

    Address

  • Full Address: 2 Ober Ln
  • Address - House Number: 2
  • Address - Street Name: Ober
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C008
  • 4-Digit Zip Code: 4641
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $999,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,021,893
  • High Value: 1,194,712
  • Low Value: 849,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $889,600
  • Assessed Land Value: $567,400
  • Assessed Improvements Value: $322,200

    Sales

  • Current Sale Recording Date: Dec 02, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 01, 2000
  • Previous Sale Amount: $555,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 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# 71292616

Frequently Asked Questions

When was property at 2 Ober Lane built and last sold?
The property at 2 Ober Lane was built in 1931 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 2 Ober Lane is $543,671.
What are some comparable homes to 2 Ober Lane?
There are currently no comparable homes to 2 Ober Lane.
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