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Beverly 01915
23 Pine Road
$315,000
● House - Off Market

23 Pine Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,105 Ft²
$588,476
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

ESTATE SALE. A lovingly  cared for ranch in the MONTSERRAT area that's looking for a new buyer that will enloy it as much as the previous owners did.There is a cathederal ceiling in the FIREPLACED living room, a custom kitchen by Brown's kitchens of Danvers. The screeded porch overlooks the private, partially fenced back yard..HARDWOOD under the carpets, only one layer of wall paper on the walls, full basement , newer heat and hot water.Redecorate, update the bath, paint , and this home will sparkle in a wonderful neighborhood. Located near the train and highways make the commuting  easy. Enjoy near by Lynch park and it's beach.
Unit Size
1,105 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$281
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1957

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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 #71591504)

Price History

Date / Event Date Event Price
Nov 15, 2013 Sold
Premium
Sold
Oct 2, 2013 Listed by RE/MAX Advantage Real Estate $310,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,087
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,060
  • Total Building Area: 1,087
  • Gross Building Area: 2,384
  • Building Area: 1,087
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,087
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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:0022 B:0079 L:
  • Block: 79
  • Municipality: BEVERLY
  • Latitude: 42.5578
  • Longitude: -70.8643

    Address

  • Full Address: 23 Pine Rd
  • Address - House Number: 23
  • Address - Street Name: Pine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3729
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,400

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 645,680
  • High Value: 759,151
  • Low Value: 532,209

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,000
  • Assessed Land Value: $385,700
  • Assessed Improvements Value: $178,300

    Sales

  • Current Sale Recording Date: Nov 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 477
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

2973 ft²

Average Home Age

88.4 years

Currently For Sale

53 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: 4 months ago
Data Source: MLS PIN, MLS# 71591504

Frequently Asked Questions

When was property at 23 Pine Road built and last sold?
The property at 23 Pine Road was built in 1957 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 23 Pine Road is $324,820.
What are some comparable homes to 23 Pine Road?
There are currently no comparable homes to 23 Pine Road.
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