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Beverly 01915
24 Matthies Street
$334,050
● House - Off Market

24 Matthies Street

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
950 Ft²
$578,333
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Absolutely charming two bedroom, one bath circa 1940 classic bungalow appointed in the mission style of the period. There are many recent, thoughtful renovations and updates including an updated kitchen and bathroom, updated electric, high efficiency gas boiler, and a newer roof. This home has beautiful finish work, hardwood floors, one car garage and patio that overlooks the yard. There is a new paver and granite walkway the leads into the home and freshly paved driveway. For the discerning buyer you are getting a timeless classic bungalow that is turn-key. Located in a North Beverly neighborhood, near the Cummings Center, commuter rail, and Rantoul and Cabot Street shopping districts. Easy access to Rt. 128, Rt. 62, and local attractions.
Unit Size
950 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$336
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71699517)

Price History

Date / Event Date Event Price
Jul 30, 2014 Sold
Premium
Sold
Jun 16, 2014 Listed by Coldwell Banker Residential Brokerage - Beverly $319,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Mar 15, 2007 Sold
Premium
Sold
Nov 18, 2006 Listed by Coldwell Banker Residential Brokerage - Beverly $279,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 880
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,429
  • Total Building Area: 950
  • Gross Building Area: 1,998
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW
  • Land Acres: 0000000194
  • 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:0029 B:0099 L:
  • Block: 99
  • Municipality: BEVERLY
  • Latitude: 42.5594
  • Longitude: -70.8927

    Address

  • Full Address: 24 Matthies St
  • Address - House Number: 24
  • Address - Street Name: Matthies
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C021
  • 4-Digit Zip Code: 3029
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,800

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 603,163
  • High Value: 708,740
  • Low Value: 497,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $508,300
  • Assessed Land Value: $331,600
  • Assessed Improvements Value: $176,700

    Sales

  • Current Sale Recording Date: Jul 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73000478
  • Previous Sale Recording Date: Mar 15, 2007
  • Previous Sale Amount: $247,500
  • 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:

$749,450

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71699517

Frequently Asked Questions

When was property at 24 Matthies Street built and last sold?
The property at 24 Matthies Street was built in 1940 and last sold on Jan 1, 1970 for $334,550.
How much is this home worth?
The estimated value of the home located at 24 Matthies Street is $329,319.
What are some comparable homes to 24 Matthies Street?
There are currently no comparable homes to 24 Matthies Street.
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