$3,535,000
●
House -
Off Market
275 Hale Street
Beverly, MA 01915
6 Beds
7 Baths,
1
Half Bath
8,571 Ft²
$5,123,065
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model
About This Property
A long treelined private drive builds anticipation as you approach
the seven-bedroom Prides Crossing estate known as Copper Beech, and
the home and setting do not disappoint. Perched high on a knoll
overlooking a private beach and the shimmering waters of Beverly
Cove, this incredibly rare and remarkable residence offers maximum
privacy on 2.58 acres marked by a lush landscape of secret gardens
and patios, mature perennial gardens, and in-ground pool and spa
feature that would rival any country club. Nothing separates you
from the sea but a sandy beach, and with deeded private beach
rights and mooring this is an ideal anchorage for those who cherish
life by the sea. The home is magnificent, fully updated and in
superior condition with beautiful craftsmanship throughout,
offering ocean views from nearly every room. Heating is forced hot
water/radiant by natural gas, with town water & sewer. Located just
35 miles north of Boston and within easy access of major highways
and commuter rail.
Unit Size
8,571 Ft²
Days on Market
-
Land Size
2.58 acres
Price per sqft
$432
Property Type
House
Property Taxes
$3,471
HOA Dues
-
Year Built
1932
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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 #72471025)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2020 | Sold | ||
| Sold | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Mar 30, 2019 | No longer available | - | |
| No longer available | |||
| Mar 26, 2019 | Listed by Compass | $3,700,000 | |
| Listed by Compass | |||
| | |||
|
A long treelined private drive builds anticipation as you approach the seven-bedroom Prides Crossing estate known as Copper Beech, and the home and setting do not disappoint. Perched high on a knoll overlooking a private beach and the shimmering waters of Beverly Cove, this incredibly rare and remarkable residence offers maximum privacy on 2.58 acres marked by a lush landscape of secret gardens and patios, mature perennial gardens, and in-ground pool and spa feature that would rival any country club. Nothing separates you from the sea but a sandy beach, and with deeded private beach rights and mooring this is an ideal anchorage for those who cherish life by the sea. The home is magnificent, fully updated and in superior condition with beautiful craftsmanship throughout, offering ocean views from nearly every room. Heating is forced hot water/radiant by natural gas, with town water & sewer. Located just 35 miles north of Boston and within easy access of major highways and commuter rail.
| |||
| Jun 29, 2017 | Listed by Engel & Volkers By The Sea | $3,900,000 | |
| Listed by Engel & Volkers By The Sea | |||
| | |||
|
A long tree-lined private drive builds anticipation as you approach the seven-bedroom Prides Crossing estate known as Copper Beech, and the home and setting do not disappoint. Perched high on a knoll overlooking a private beach and the shimmering waters of Beverly Cove, this incredibly rare and remarkable residence offers maximum privacy on 2.58 acres marked by a lush landscape of manicured lawns, secret gardens and patios, mature perennial gardens, and in-ground pool and spa feature that would rival any country club. Nothing separates you from the sea but a sandy beach, and with deeded private beach rights and mooring this is an ideal anchorage for those who cherish life by the sea and on the water. The home is magnificent, fully updated and in superior condition with 7 bedrooms, 7.5 baths, 9 fireplaces and beautiful craftsmanship throughout, offering ocean views from nearly every room. Heating is forced hot water/radiant by natural gas, with town water & sewer. A lower level offers a separate apartment with private entrance and several other rooms; attached two-car garage and garden shed complete the offering. Located just 35 miles north of Boston and within easy access of major highways and commuter rail to Boston. The manager has listed the unit size as 8571 square feet.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017