$318,000
●
Condo -
Off Market
21 Summit #4
Beverly, MA 01915
2 Beds
2 Baths
970 Ft²
$542,362
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model
About This Property
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.
Unit Size
970 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$350
Property Type
Condo
Property Taxes
-
HOA Dues
$176
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: 6 months ago (MLSPIN #72111302)
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 | |||
| | |||
|
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.
| |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Jan 23, 2017 | Listed by Keller Williams Realty Evolution | $339,800 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 2
Flooring Type: Wood, Tile
Door Features: Storm Door(s)
Laundry Features: In Unit
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 970
Square Footage Source: $0
Year Built Source: Builder
Year Built: 2016
Waterfront Features: Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Area Total: 970
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 5000
Water Source: Public
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, Maintenance Structure
HOA Fee: $176
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