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Beverly 01915
28 Budleigh Ave.
$550,000
● House - Off Market

28 Budleigh Ave.

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,456 Ft²
$612,774
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Grand Colonial located on a beautiful lot in prime North Beverly location. This home is ready for a new owner to restore it to its original beauty. The first floor features a large eat-in kitchen with newer appliances, a half bath, a fireplaced living room with high ceilings, a separate dining room, a charming entry foyer, and hardwood flooring.  The second floor offers 4 bedrooms with a main bedroom and bath. New carpeting in 3 bedrooms, hardwood floors is the main bedroom. There is a deck off of the master bedroom and a large walk up attic. Long driveway with a barn. The property is in need of updating. Smart investment for the right buyer.
Unit Size
2,456 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$232
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #73047370)

Price History

Date / Event Date Event Price
Dec 14, 2022 Sold
Premium
Sold
Oct 21, 2022 In contract -
In contract
Oct 11, 2022 Listed by Keller Williams Realty Evolution $569,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • 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: 1,045
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 2,090
  • Gross Building Area: 4,917
  • Building Area: 2,090
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,090
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0081 B:0020 L:
  • Block: 20
  • Municipality: BEVERLY
  • Latitude: 42.5814
  • Longitude: -70.8832

    Address

  • Full Address: 28 Budleigh Ave
  • Address - House Number: 28
  • Address - Street Name: Budleigh
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C020
  • 4-Digit Zip Code: 1814
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 757,463
  • High Value: 890,048
  • Low Value: 624,877

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,100
  • Assessed Land Value: $382,200
  • Assessed Improvements Value: $164,900

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221214001770
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

$455

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3055 ft²

Average Home Age

82.7 years

Currently For Sale

64 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73047370

Frequently Asked Questions

When was property at 28 Budleigh Avenue built and last sold?
The property at 28 Budleigh Avenue was built in 1915 and last sold on Dec 14, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 28 Budleigh Avenue is $602,670.
What are some comparable homes to 28 Budleigh Avenue?
There are currently no comparable homes to 28 Budleigh Avenue.
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