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$244,000
● Condo - Off Market

21 Mulberry #3

Beverly, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
948 Ft²
$424,215
RealtyHop Estimate
68.34%
Since Jun 1, 2006
National-US
Primary Model

About This Property

Beautifully done condo.  Owner swears you can hear the ocean from her wonderful 14x10 balcony.  Wood floors, new skylites, deeded parking.  Walk to beach,  walk to all the wonderful resturants that vibrant Beverly has to offer.
Unit Size
948 Ft²
Days on Market
-
Land Size
-
Price per sqft
$266
Property Type
Condo
Property Taxes
$181
HOA Dues
$157
Year Built
-

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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 #70344681)

Price History

Date / Event Date Event Price
May 4, 2006 Sold
Premium
Sold
Mar 3, 2006 Listed by Keller Williams Realty Evolution $252,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Interior Details
Level: Third
Width: 11
Length: 11
Area: 121
Area: 110
Length: 11
Level: Third
Width: 10
Level: Third
Width: 10
Length: 12
Area: 120
Width: 14
Features: Skylight
Length: 11
Level: Third
Area: 154
Length: 11
Level: Third
Area: 154
Features: Skylight
Width: 14
Level: Third
Length: 12
Width: 12
Area: 144
Features: No
Full Bathrooms: 1
Appliances: Range, Microwave, Refrigerator, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Wood, Vinyl
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 21 Mulberry Street Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: 4182231
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $220,000
Tax Annual Amount: $2,174
Utilities Details
Utilities: for Gas Range, for Gas Oven
Cooling Type: None
Heating Type: Electric Baseboard
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA Fee: $157
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70344681
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