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Beverly 01915
24 Giles Avenue
$350,000
● House - Off Market

24 Giles Avenue

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,610 Ft²
$546,663
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Fantastic opportunity to buy in Beverly. Home is in need of updating and repairs. 4 bedrooms, 2 bathrooms, spacious floor plan with living room/dining room combination. Conveniently located near downtown, shopping, commuter rail and highway. This home has endless potential!     Short Sale with Lender approval required. Property is being sold in "as is" condition.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$217
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1920

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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 #72124525)

Price History

Date / Event Date Event Price
Jun 8, 2017 Sold
Premium
Sold
Mar 1, 2017 Listed by James A. Finn & Sons $349,000
Listed by James A. Finn & Sons
Dec 14, 1999 Sold
Premium
Sold
Nov 10, 1999 Listed by James A. Finn & Sons $209,900
Listed by James A. Finn & Sons

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 764
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,464
  • Total Building Area: 1,610
  • Gross Building Area: 2,653
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0018 B:0087 L:
  • Block: 87
  • Municipality: BEVERLY
  • Latitude: 42.554
  • Longitude: -70.9024

    Address

  • Full Address: 24 Giles Ave
  • Address - House Number: 24
  • Address - Street Name: Giles
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2809
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 667,277
  • High Value: 787,808
  • Low Value: 546,745

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $603,400
  • Assessed Land Value: $328,200
  • Assessed Improvements Value: $275,200

    Sales

  • Current Sale Recording Date: Jun 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 314
  • Previous Sale Recording Date: Dec 14, 1999
  • Previous Sale Amount: $217,210
  • 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

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 72124525

Frequently Asked Questions

When was property at 24 Giles Avenue built and last sold?
The property at 24 Giles Avenue was built in 1920 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 24 Giles Avenue is $368,753.
What are some comparable homes to 24 Giles Avenue?
There are currently no comparable homes to 24 Giles Avenue.
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