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Beverly 01915
2 Whitaker Way
$575,000
● House - Off Market

2 Whitaker Way

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,048 Ft²
$734,825
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Wonderful 4-5 bedroom 2.5 bath Colonial located on a large, corner lot in highly desired North Beverly neighborhood. Beautiful, sanctuary like setting abutting conservation land. This home offers in-law potential and has been well maintained by the original owners. The first floor features a fireplaced living room with hardwood floors, a sunny dining room, a fully applianced eat-in kitchen, a half bath, and an attached garage. The second floor boasts 4 spacious bedrooms and a full bathroom. Large attic for storage. The finished lower level includes a family room, a bedroom with closet, and a full bathroom. This a a great space for a family member or guests. Private, cul-de-sac location yet convenient to shopping, the elementary school, restaurants, commuter rail to Boston and Rte. 128.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$283
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1982

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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 years ago (MLSPIN #72753378)

Price History

Date / Event Date Event Price
Dec 18, 2020 Sold
Premium
Sold
Nov 4, 2020 Listed by Leading Edge Real Estate $579,000
Listed by Leading Edge Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • 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: 672
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,356
  • Total Building Area: 1,648
  • Gross Building Area: 2,584
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEVERLY
  • Land Acres: 0000000421
  • 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:0093 B:076C L:
  • Block: 76C
  • Municipality: BEVERLY
  • Latitude: 42.587
  • Longitude: -70.8754

    Address

  • Full Address: 2 Whitaker Way
  • Address - House Number: 2
  • Address - Street Name: Whitaker
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1274
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,800

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 755,433
  • High Value: 883,886
  • Low Value: 626,980

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,100
  • Assessed Land Value: $335,000
  • Assessed Improvements Value: $313,100

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201218004160
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 years ago
Data Source: MLS PIN, MLS# 72753378

Frequently Asked Questions

When was property at 2 Whitaker Way built and last sold?
The property at 2 Whitaker Way was built in 1982 and last sold on Dec 11, 2020 for $575,000.
How much is this home worth?
The estimated value of the home located at 2 Whitaker Way is $0.
What are some comparable homes to 2 Whitaker Way?
There are currently no comparable homes to 2 Whitaker Way.
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