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Beverly 01915
2 Sunset Drive
$430,000
● House - Off Market

2 Sunset Drive

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,476 Ft²
$623,375
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Charming Beverly Cape-style home is situated on a manageable, professionally landscaped and partially fenced corner lot. Enclosed entry leads directly to second level stairway as well as to the open fireplaced living room with warm, hardwood flooring and adjoining eat-in kitchen with tile flooring and stainless appliances. Connecting breezeway/mudroom conveniently opens to both front and back exterior living space and attached garage. First floor includes two bedrooms, currently used as a home office and den. First floor full bath.  The second floor includes the Master bedroom, a half bath and an additional bedroom. Plenty of room for everyone and located in an established neighborhood with close proximity to area amenities and commuter routes.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$271
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1947

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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 #72206746)

Price History

Date / Event Date Event Price
Sep 29, 2017 Sold
Premium
Sold
Aug 1, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $400,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Jun 4, 2009 Sold
Premium
Sold
Feb 18, 2009 Listed by Coldwell Banker Residential Brokerage - Beverly $219,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Nov 7, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,639
  • Gross Building Area: 3,057
  • Building Area: 1,639
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,639
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0017 B:0049 L:
  • Block: 49
  • Municipality: BEVERLY
  • Latitude: 42.5574
  • Longitude: -70.9078

    Address

  • Full Address: 2 Sunset Dr
  • Address - House Number: 2
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2320
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $646,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 679,579
  • High Value: 795,246
  • Low Value: 563,911

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,000
  • Assessed Land Value: $328,200
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 226
  • Previous Sale Recording Date: Jun 04, 2009
  • Previous Sale Amount: $250,000
  • 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

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# 72206746

Frequently Asked Questions

When was property at 2 Sunset Drive built and last sold?
The property at 2 Sunset Drive was built in 1947 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 2 Sunset Drive is $418,948.
What are some comparable homes to 2 Sunset Drive?
There are currently no comparable homes to 2 Sunset Drive.
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