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Beverly 01915
29 Lexington Drive
$276,000
● House - Off Market

29 Lexington Drive

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$691,275
RealtyHop Estimate
146.97%
Since Feb 1, 2002
MA-Boston
Primary Model

About This Property

CHARMING & SUNFILLED CAPE ON NO. BEV. CUL-DE-SAC. SPACIOUS LIVING RM. W/SLIDERS TO DECK, HOT TUB (NEG) & LG. YARD. LOW- ER LEVEL FAMILY RM. W/BUILT-INS.  CONVENIENT TO RTE. 128, TRAIN & SCHOOLS. SUBJECT TO SELLER FINDING SUITABLE HOUSING.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$229
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30555160)

Price History

Date / Event Date Event Price
Jan 25, 2002 Sold
Premium
Sold
Oct 24, 2001 Listed by Churchill Properties $279,900
Listed by Churchill Properties
Sep 15, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 768
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,060
  • Total Building Area: 1,713
  • Gross Building Area: 3,237
  • Building Area: 1,713
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,713
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • 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: 217300

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0054 B:0187 L:
  • Block: 187
  • Municipality: BEVERLY
  • Latitude: 42.5703
  • Longitude: -70.8868

    Address

  • Full Address: 29 Lexington Dr
  • Address - House Number: 29
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C043
  • 4-Digit Zip Code: 2632
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $691,000

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 702,608
  • High Value: 821,561
  • Low Value: 583,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,300
  • Assessed Land Value: $334,400
  • Assessed Improvements Value: $280,900

    Sales

  • Current Sale Recording Date: Jan 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 15, 1998
  • Previous Sale Amount: $189,900
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3113 ft²

Average Home Age

89.5 years

Currently For Sale

58 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 years ago
Data Source: MLS PIN, MLS# 30555160

Frequently Asked Questions

When was property at 29 Lexington Drive built and last sold?
The property at 29 Lexington Drive was built in 1950 and last sold on Jan 1, 1970 for $276,000.
How much is this home worth?
The estimated value of the home located at 29 Lexington Drive is $0.
What are some comparable homes to 29 Lexington Drive?
There are currently no comparable homes to 29 Lexington Drive.
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