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Beverly 01915
22 Parramatta Road
$515,000
● House - Off Market

22 Parramatta Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,432 Ft²
$769,196
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Renovated Cape Cod style home in a great neighborhood - just a few minutes from Montserrat train station. This home has an open floor plan with a bright kitchen and dining area on one side and living room, first floor bedroom and full bath on the other side of a central staircase. The second floor has two nice size bedrooms and a full bath.  A covered porch off the kitchen leads to a stone patio and shed. The property is nicely fenced with two grassy areas, one of which is a very large/flat side yard. The home has a lot of privacy yet is convenient to restaurants, shopping and beaches.
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$360
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #72420520)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Premium
Sold
Nov 6, 2018 Listed by J. Barrett & Company $515,000
Listed by J. Barrett & Company
Jul 24, 2014 Sold
Premium
Sold
May 29, 2014 Listed by J. Barrett & Company $409,000
Listed by J. Barrett & Company
Mar 12, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 880
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,502
  • Total Building Area: 1,432
  • Gross Building Area: 3,000
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0032 B:0074 L:
  • Block: 74
  • Municipality: BEVERLY
  • Latitude: 42.5604
  • Longitude: -70.8669

    Address

  • Full Address: 22 Parramatta Rd
  • Address - House Number: 22
  • Address - Street Name: Parramatta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3650
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,400

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 763,857
  • High Value: 881,791
  • Low Value: 645,923

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,700
  • Assessed Land Value: $388,600
  • Assessed Improvements Value: $227,100

    Sales

  • Current Sale Contract Date: Dec 01, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181221002630
  • Previous Sale Recording Date: Jul 24, 2014
  • Previous Sale Amount: $402,500
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72420520

Frequently Asked Questions

When was property at 22 Parramatta Road built and last sold?
The property at 22 Parramatta Road was built in 1950 and last sold on Dec 1, 2018 for $515,000.
How much is this home worth?
The estimated value of the home located at 22 Parramatta Road is $523,727.
What are some comparable homes to 22 Parramatta Road?
There are currently no comparable homes to 22 Parramatta Road.
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