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$347,000
● Multifamily - Off Market

24 Central

Beverly, MA
bedrooms
6 Beds
bathrooms
2 Baths
square feet
3,006 Ft²
$702,855
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

Always wanted to live near the beach/own a piece of History? This great home is just steps to the beach & close to downtown, shopping & the train. New gas furnace, many new thermal windows, lovley wide pine & antique fixtures. A warm & delightful home ready for you to move into. - Dry basment with high ceilings. 2 private back yards. The first floor rent helps pay the mortgage while you live in the townhouse unit. This was owned by one of Washington's "Minutemen" - come read the history
Unit Size
3,006 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$125
Property Type
Multifamily
Property Taxes
$312
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #70701147)

Price History

Date / Event Date Event Price
Jun 20, 2008 Sold
Premium
Sold
Jan 22, 2008 Listed by Keller Williams Realty Evolution $374,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry, Storage), Unit 2(Ceiling Fans, Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Vinyl
Rooms: 14
Has Fireplace
Fireplaces: 2
Basement: Full, Walk-Out Access, Interior Entry
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R6
Parcel Number: 4180546
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $360,500
Tax Annual Amount: $3,749
Utilities Details
Utilities: for Gas Range
Heating Type: Unit 1(Hot Water Radiators, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70701147
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