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Beverly 01915
24 Crescent Avenue
$515,000
● House - Off Market

24 Crescent Avenue

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,024 Ft²
$603,412
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Incredible two-bedroom home on Salters Point, near Kernwood Bridge & Obear Park in Beverly.  2021 complete reconstruction to include an open-concept first floor with a stainless & stone countertop kitchen, living room and bathroom that walks-out to the back yard.  The second floor features two bedrooms and a bathroom with double sink.  Heat & AC in every room by brand new ductless systems, brand new kitchen and bathrooms.  Reconstruction also consists of brand new walls, windows, ceilings and flooring throughout the entire home.  Basement access from the interior with new electric service, water heater and washer & dryer hookups and play or entertainment room potential.  This home is completely immaculate!  Open houses scheduled for this coming weekend Saturday and Sunday, both days beginning at 11:30.
Unit Size
1,024 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$522
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1910

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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 years ago (MLSPIN #72903826)

Price History

Date / Event Date Event Price
Nov 12, 2021 Sold
Premium
Sold
Oct 4, 2021 Listed by Chinatti Realty Group, Inc. $534,900
Listed by Chinatti Realty Group, Inc.
Feb 26, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,302
  • Total Building Area: 784
  • Gross Building Area: 1,424
  • Building Area: 784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 784
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000076
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0003 B:0088 L:
  • Block: 88
  • Municipality: BEVERLY
  • Latitude: 42.5444
  • Longitude: -70.8954

    Address

  • Full Address: 24 Crescent Ave
  • Address - House Number: 24
  • Address - Street Name: Crescent
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4144
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 619,372
  • High Value: 715,126
  • Low Value: 523,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,800
  • Assessed Land Value: $338,700
  • Assessed Improvements Value: $187,100

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211112005870
  • Previous Sale Recording Date: Feb 26, 2021
  • Previous Sale Contract Date: Feb 26, 2021
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 35
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

50

Average Home Size

3016 ft²

Average Home Age

91.2 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: 5 years ago
Data Source: MLS PIN, MLS# 72903826

Frequently Asked Questions

When was property at 24 Crescent Avenue built and last sold?
The property at 24 Crescent Avenue was built in 1910 and last sold on Nov 10, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 24 Crescent Avenue is $537,389.
What are some comparable homes to 24 Crescent Avenue?
There are currently no comparable homes to 24 Crescent Avenue.
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