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Beverly 01915
23 Pearl St Ext
$599,900
● House - Off Market

23 Pearl St Ext

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,022 Ft²
$857,670
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Location, location, location. Between Beverly Cove and Monseratt with close proximity to commuter rail and beach! Wonderful family house with tremendous potential. Great layout with open kitchen/family room overlooking a newly renovated salt water inground pool. Large fenced in yard and corner lot near conservation land and walking trails. New systems include heating/central air and on demand hot water.  2nd large family room with vaulted ceiling also overlooks pool and 3-4 bedrooms upstairs with renovated bath. Basement includes another full bath and rec room. Two car attached garage offers space for cars and storage.
Unit Size
2,022 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$297
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72578851)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Oct 11, 2019 Listed by RE/MAX Advantage Real Estate $599,900
Listed by RE/MAX Advantage Real Estate
Mar 27, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 814
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 9,095
  • Total Building Area: 2,002
  • Gross Building Area: 4,203
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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:0156 L:
  • Block: 156
  • Municipality: BEVERLY
  • Latitude: 42.5605
  • Longitude: -70.865

    Address

  • Full Address: 23 Pearl St
  • Address - House Number: 23
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C037
  • 4-Digit Zip Code: 3645
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 846,767
  • High Value: 980,517
  • Low Value: 713,016

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $686,200
  • Assessed Land Value: $385,800
  • Assessed Improvements Value: $300,400

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191220001820
  • Previous Sale Recording Date: Mar 27, 1998
  • Previous Sale Amount: $245,000
  • 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

$455

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3076 ft²

Average Home Age

85 years

Currently For Sale

63 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72578851

Frequently Asked Questions

When was property at 23 Pearl St Exd built and last sold?
The property at 23 Pearl St Exd was built in 1955 and last sold on Dec 20, 2019 for $599,900.
How much is this home worth?
The estimated value of the home located at 23 Pearl St Exd is $623,004.
What are some comparable homes to 23 Pearl St Exd?
There are currently no comparable homes to 23 Pearl St Exd.
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