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Beverly 01915
26 Sherman Street
$400,000
● House - Off Market

26 Sherman Street

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,520 Ft²
$716,118
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Adorable three-bedroom Colonial in the desirable Montserrat area of Beverly. The enclosed front porch features oversized French doors welcoming you home and into the open living-dining room areas. The first-floor family room has a deck that overlooks the lovely level back yard and detached garage. Some additional fine features of this home include hardwood floors throughout, period built-ins and wainscoting. Three comfortable bedrooms and a full bath on the second floor. The tree-lined street is conveniently located to downtown Beverly, the beach, commuter rail and Route 128.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$260
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1930

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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 #71693771)

Price History

Date / Event Date Event Price
May 18, 2022 Sold
Premium
Sold
Jul 31, 2014 Sold
Premium
Sold
Jun 5, 2014 Listed by J. Barrett & Company $395,000
Listed by J. Barrett & Company
Dec 29, 2008 Sold
Premium
Sold
Oct 21, 2008 Listed by J. Barrett & Company $379,900
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 854
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,877
  • Gross Building Area: 2,926
  • Building Area: 1,877
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,877
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH DAIRY
  • Land Acres: 0000000115
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0031 B:0245 L:
  • Block: 245
  • Municipality: BEVERLY
  • Latitude: 42.56
  • Longitude: -70.8732

    Address

  • Full Address: 26 Sherman St
  • Address - House Number: 26
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3626
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,600

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 812,458
  • High Value: 950,607
  • Low Value: 674,309

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $672,800
  • Assessed Land Value: $377,400
  • Assessed Improvements Value: $295,400

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220518001220
  • Previous Sale Recording Date: Jul 31, 2014
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71693771

Frequently Asked Questions

When was property at 26 Sherman Street built and last sold?
The property at 26 Sherman Street was built in 1930 and last sold on May 13, 2022 for $750,000.
How much is this home worth?
The estimated value of the home located at 26 Sherman Street is $413,563.
What are some comparable homes to 26 Sherman Street?
There are currently no comparable homes to 26 Sherman Street.
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