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Beverly 01915
218 Common Ln
Photo of 218 Common Ln
Sold on Dec 1, 2006

1

Map

$645,000
● House - Off Market

218 Common Ln

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,500 Ft²
$1,246,053
RealtyHop Estimate
90.24%
Since Jan 1, 2007
MA-Boston
Primary Model

About This Property

**PRICED BELOW ASSESSED VALUE**  SELLER RETIRING. BRING OFFERS. NOT A DRIVE BY.  BEAUTIFUL IMPECCABLE HOME MUCH LARGER THAN IT LOOKS FROM THE OUTSIDE. PRIDE OF OWNERSHIP SHOWS. 3,500 SQ FT. Move in condition. Natural wooded setting. Min.s to Rte 128 & train. Open floor plan, skylights, cathedrals, 10 rooms, prof. landscaped, stone walkway, babbling brook, open kitchen w/ center island, new corian counters.  French doors, sunfilled breakfast room, large wrap around deck, Master bath w/Jacuzzi.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$187
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70408311)

Price History

Date / Event Date Event Price
Dec 1, 2006 Sold
Premium
Sold
Jun 16, 2006 Listed $655,000
Listed
Apr 2, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,680
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,808
  • Total Building Area: 3,108
  • Gross Building Area: 6,836
  • Building Area: 3,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000845
  • 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: 217300

Zoning

  • Zoning: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0046 B:0005 L:
  • Block: 5
  • Municipality: BEVERLY
  • Latitude: 42.5667
  • Longitude: -70.8456

    Address

  • Full Address: 218 Common Ln
  • Address - House Number: 218
  • Address - Street Name: Common
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $919,300

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,007,245
  • High Value: 1,161,610
  • Low Value: 852,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $818,600
  • Assessed Land Value: $420,600
  • Assessed Improvements Value: $398,000

    Sales

  • Current Sale Recording Date: Dec 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 02, 1999
  • Previous Sale Amount: $464,000
  • Previous 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# 70408311

Frequently Asked Questions

When was property at 218 Common Lane built and last sold?
The property at 218 Common Lane was built in 1988 and last sold on Jan 1, 1970 for $645,000.
How much is this home worth?
The estimated value of the home located at 218 Common Lane is $713,350.
What are some comparable homes to 218 Common Lane?
There are currently no comparable homes to 218 Common Lane.
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