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Beverly 01915
23 Appleton Ave
$619,000
● House - Off Market

23 Appleton Ave

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,698 Ft²
$714,816
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Rare opportunity to own this beautiful European Cape situated in one of Beverly's most desirable neighborhoods, Prospect Hill. Built in 1935, this classic in-town home features three bedrooms,  one and half baths and two car garage. Spacious rooms and flexible floor plan include a first floor bedroom, kitchen, dining room, half bath and spacious living room/family room with beautiful fireplace. Two other large bedrooms on the second floor, each with their own walk-in closets, and hardwood floors are separated by an updated full bath and two good size linen closets. The property also includes a full basement with laundry sink, ample storage and ability to partially finish. Brand new steam boiler with warranty.  Easy access to 128, commuter rail and nearby restaurants. Make this property your own.
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$394
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1935

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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 #72923493)

Price History

Date / Event Date Event Price
Feb 11, 2022 Sold
Premium
Sold
Nov 29, 2021 Listed by J. Barrett & Company $669,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 970
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,220
  • Total Building Area: 1,698
  • Gross Building Area: 3,036
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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:0020 B:0509 L:
  • Block: 509
  • Municipality: BEVERLY
  • Latitude: 42.5548
  • Longitude: -70.876

    Address

  • Full Address: 23 Appleton Ave
  • Address - House Number: 23
  • Address - Street Name: Appleton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C005
  • 4-Digit Zip Code: 3534
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 741,109
  • High Value: 870,701
  • Low Value: 611,516

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,400
  • Assessed Land Value: $379,900
  • Assessed Improvements Value: $198,500

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220211003110
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

3138 ft²

Average Home Age

85.8 years

Currently For Sale

57 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72923493

Frequently Asked Questions

When was property at 23 Appleton Avenue built and last sold?
The property at 23 Appleton Avenue was built in 1935 and last sold on Feb 11, 2022 for $619,000.
How much is this home worth?
The estimated value of the home located at 23 Appleton Avenue is $681,734.
What are some comparable homes to 23 Appleton Avenue?
There are currently no comparable homes to 23 Appleton Avenue.
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