$339,000
●
Condo -
Off Market
21 Summit Ave #4
Beverly, MA 01915
2 Beds
2 Baths
938 Ft²
$484,578
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model
About This Property
What an opportunity! Whether you are downsizing, a first time home
buyer, or professional who needs an easy commute, this will check
all of the boxes. Fabulous newer construction townhouse featuring
two bedrooms, two full baths, hardwood and tile floors, gourmet
kitchen, laundry and a balcony. Parking and additional storage also
included. It is close to beaches, farmers market, arts and theater,
Independence park, the library, chic shops, restaurants and most of
Beverly's amenities. Not to be overlooked is the short distance to
Historic Salem and the commuter rail.
Unit Size
938 Ft²
Days on Market
-
Land Size
-
Price per sqft
$361
Property Type
Condo
Property Taxes
$332
HOA Dues
$175
Year Built
1900
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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: 5 years ago (MLSPIN #72487070)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by Leading Edge Real Estate | $339,000 | |
| Listed by Leading Edge Real Estate | |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Jan 23, 2017 | Listed by Century 21 North East | $339,800 | |
| Listed by Century 21 North East | |||
| | |||
|
LAST UNIT AVAILABLE! ! ! ! ! Ocean Ridge Condominiums final 2 townhouses in Beverly's finest new construction condominium development. Centrally located to train and downtown Ocean Ridge features harbor views with a sleek maintenance free design and high end finishes that will appeal to todays buyers. Only some of the features include, hardwood floors throughout, tile baths on each level, designer kitchen, gas systems, washer dryers included, storage unit in lower level and 2 car off street deeded parking. Only 2 units left, 2 were sold off market. This will not last schedule your showing today! See attached documents on paperclip for floor plans and draft budget condo docs / site plan. *** PLANS ARE DRAFTS AND SUBJECT TO SLIGHT CHANGES PRIOR TO RECORDING.
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Main
Features: Flooring - Hardwood, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower
Level: Second
Features: Ceiling Fan(s), Closet, Flooring - Hardwood
Features: Bathroom - Tiled With Shower Stall, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Main
Features: Ceiling Fan(s), Closet, Flooring - Hardwood
Level: Second
Level: Main
Features: Ceiling Fan(s), Flooring - Hardwood, Balcony - Exterior, Exterior Access, Recessed Lighting
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater
Flooring Type: Wood, Tile
Laundry Features: Second Floor, In Unit
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Ocean Ridge Condominiums
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: RMD
Parcel Number: 4997813
Water Source: Public
Financial Details
Tax Assessed Value: $301,800
Tax Annual Amount: $3,987
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA/Condo/Coop Amenities: Storage
Association Fee Frequency: Monthly
HOA Fee: $175
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2026
|
2 Bed
|
2 Bath
|
1180 ft²
|
$539,900
2 Bed
2 Bath
1180 ft²
|
$590,000
+9.28%
06/04/2026
|
Janine Wuschke
Keller Williams Realty
| |
|
09/14/2025
|
2 Bed
|
2 Bath
|
932 ft²
|
$499,000
2 Bed
2 Bath
932 ft²
|
$519,000
+4.01%
01/28/2026
|
Christopher Angles
Jacob Realty, LLC
| |
|
04/24/2024
|
2 Bed
|
2 Bath
|
1032 ft²
|
$449,000
2 Bed
2 Bath
1032 ft²
|
$513,000
+14.25%
06/10/2024
|
Gail Fox
Berkshire Hathaway HomeServices Verani Realty
| |
|
04/24/2019
|
2 Bed
|
2 Bath
|
938 ft²
|
$339,000
2 Bed
2 Bath
938 ft²
|
$339,000
05/31/2019
|
Kathryn Tully
Leading Edge Real Estate
| |
|
01/23/2017
|
2 Bed
|
2 Bath
|
970 ft²
|
$339,900
2 Bed
2 Bath
970 ft²
|
$315,000
-7.33%
04/05/2017
|
Janet Flaherty
Janet M. Flaherty
| |
|
01/23/2017
|
2 Bed
|
2 Bath
|
970 ft²
|
$339,800
2 Bed
2 Bath
970 ft²
|
$318,000
-6.42%
04/28/2017
|
Herrick Lutts Realty Partners
Keller Williams Realty Evolution
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017