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Beverly 01915
24 School St
$265,000
● House - Off Market

24 School St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$504,249
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Quaint in town antique located in desirable Goat Hill location. This home offers an eat-in kitchen, formal dining room, a family room, a formal parlor on the 1st level and 3 good size bedrooms on the second level. The Beacon Hill style yard is just waiting for spring plantings. There is a one-car detached garage and more off-street parking. Close to the commuter rail, beaches, park, restaurants and shops. Be part of the vibrant Beverly downtown. Showings are by appointment only.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$202
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1804

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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 #71604937)

Price History

Date / Event Date Event Price
Jan 6, 2014 Sold
Premium
Sold
Nov 5, 2013 Listed by Coldwell Banker Residential Brokerage - Beverly $263,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1804
  • Effective Year Built: 1804
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 624
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,271
  • Total Building Area: 1,300
  • Gross Building Area: 2,148
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • 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: 217402

Zoning

  • Zoning: R6

Geography

  • Account Number: R6
  • Parcel: BEVE M:0004 B:0148 L:
  • Block: 148
  • Municipality: BEVERLY
  • Latitude: 42.5433
  • Longitude: -70.8872

    Address

  • Full Address: 24 School St
  • Address - House Number: 24
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C001
  • 4-Digit Zip Code: 4853
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,500

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 561,925
  • High Value: 692,066
  • Low Value: 431,783

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,300
  • Assessed Land Value: $289,600
  • Assessed Improvements Value: $191,700

    Sales

  • Current Sale Recording Date: Jan 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 479
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# 71604937

Frequently Asked Questions

When was property at 24 School Street built and last sold?
The property at 24 School Street was built in 1804 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 24 School Street is $283,422.
What are some comparable homes to 24 School Street?
There are currently no comparable homes to 24 School Street.
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