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Beverly 01915
29 Bridge St
$726,000
● House - Off Market

29 Bridge St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,580 Ft²
$4,207
Est. Monthly

About This Property

*Motivated Seller. Introducing a rare offering just a short distance from vibrant Downtown Beverly and the Beverly Depot Commuter Rail station.  With easy access to the highway, this unique lot is equipped with 2 structures; a single family home and a finished Barn. The 3 bed 2 bath single family home features a New Roof, New Electrical, mud room, interior basement access, and a wide driveway with plenty of parking.  The fully renovated 600 sq.ft Barn offers a one car garage bay, office space, 1 full and 1/4 bath, kitchenette, and a large open all purpose space that can be used as an in-law suite, gym, office, play room, or workshop.  A wooded yard gives you maximum privacy. This is a must see!
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$480
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1890

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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 #73242435)

Price History

Date / Event Date Event Price
Oct 1, 2024 No longer available -
No longer available
Sep 27, 2024 Sold
Premium
Sold
Sep 6, 2024 In contract -
In contract
Sep 6, 2024 Withdrawn -
Withdrawn
Aug 29, 2024 Listed by Engel & Volkers By the Sea $759,000
Listed by Engel & Volkers By the Sea
See MLS 73242435
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • 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: 560
  • 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: 980
  • Gross Building Area: 1,783
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 980
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN W GREENE
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0010 B:0198 L:
  • Block: 198
  • Municipality: BEVERLY
  • Latitude: 42.5502
  • Longitude: -70.8903

    Address

  • Full Address: 29 Bridge St
  • Address - House Number: 29
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C025
  • 4-Digit Zip Code: 4166
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,400

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 565,809
  • High Value: 690,190
  • Low Value: 441,429

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,400
  • Assessed Land Value: $325,600
  • Assessed Improvements Value: $186,800

    Sales

  • Current Sale Recording Date: Oct 06, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 10, 1997
  • Previous Sale Amount: $127,500
  • 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

2981 ft²

Average Home Age

86.4 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

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# 73242435

Frequently Asked Questions

When was property at 29 Bridge Street built and last sold?
The property at 29 Bridge Street was built in 1890 and last sold on Jan 1, 1970 for $296,500.
How much is this home worth?
The estimated value of the home located at 29 Bridge Street is $746,947.
What are some comparable homes to 29 Bridge Street?
There are currently no comparable homes to 29 Bridge Street.
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