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Beverly 01915
LOT 2 Tall Tree Drive
$1,650,000
● House - Off Market

LOT 2 Tall Tree Drive

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,000 Ft²
$3,545,523
RealtyHop Estimate
114.88%
Since Mar 1, 2003
MA-Boston
Primary Model

About This Property

CUSTOM BUILT ESTATE HOME ON 11 ACRES! 5000 SQUARE FEET OF LIVING AREA. 5 BEDROOMS+, COULD FINISHED WALK OUT BASEMENT.
Unit Size
5,000 Ft²
Days on Market
-
Land Size
11.31 acres
Price per sqft
$330
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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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 #30564315)

Price History

Date / Event Date Event Price
Feb 14, 2003 Sold
Premium
Sold
Nov 30, 2001 Listed by Brenda Hazzard $1,650,000
Listed by Brenda Hazzard
CUSTOM BUILT ESTATE HOME ON 11 ACRES! 5000 SQUARE FEET OF LIVING AREA. 5 BEDROOMS+, COULD FINISHED WALK OUT BASEMENT.
Sep 30, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,682
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 1,786
  • Gross Building Area: 3,780
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOUSAND PINES
  • Land Acres: 0000000689
  • 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: 217602

Zoning

  • Zoning: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0034 B:0022 L:
  • Block: 22
  • Municipality: BEVERLY
  • Latitude: 42.562
  • Longitude: -70.8509

    Address

  • Full Address: 2 Tall Tree Dr
  • Address - House Number: 2
  • Address - Street Name: Tall Tree
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 2012
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $847,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 854,902
  • High Value: 989,937
  • Low Value: 719,866

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,400
  • Assessed Land Value: $457,800
  • Assessed Improvements Value: $296,600

    Sales

  • Current Sale Recording Date: Sep 30, 1999
  • Current Sale Price:
    Premium
  • Current 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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30564315

Frequently Asked Questions

When was property at 2 Tall Tree Drive built and last sold?
The property at 2 Tall Tree Drive was built in 1970 and last sold on Jan 1, 1970 for $367,000.
How much is this home worth?
The estimated value of the home located at 2 Tall Tree Drive is $1,666,500.
What are some comparable homes to 2 Tall Tree Drive?
There are currently no comparable homes to 2 Tall Tree Drive.
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