$395,000
●
Condo -
Off Market
29 Lothrop St. #3
Beverly, MA 01915
2 Beds
2 Baths
1,484 Ft²
$879,510
RealtyHop Estimate
109.91%
Since Dec 1, 2010
MA-Boston
Primary Model
About This Property
MOTIVATED SELLERS! Enjoy the gorgeous ocean views and watch the
boats go by from this beautiful seaside condo. Granite and
stainless kitchen, 2 full baths, 2 decks, master suite, in-unit
laundry, central a/c, bonus loft, office space, basement storage
and 2 deeded parking spaces. Walk to the beach, shops,
restaurants, parks, and the commuter rail.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
-
Price per sqft
$282
Property Type
Condo
Property Taxes
$447
HOA Dues
$272
Year Built
-
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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: 12 months ago (MLSPIN #71098588)
Price History
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Flooring Type: Tile, Hardwood
Rooms: 6
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1484
Year Built Source: Public Records
Year Built: 1890
Waterfront Features: Waterfront, Ocean, 1/10 to 3/10 To Beach
Building Area Total: 1484
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $461,600
Tax Annual Amount: $5,368
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $272
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/05/2022
|
2 Bed
|
1 Bath
|
1346 ft²
|
$549,000
2 Bed
1 Bath
1346 ft²
|
$570,000
+3.83%
08/23/2022
|
Betsy Woods
Lux Realty North Shore
| |
|
04/08/2020
|
2 Bed
|
2 Bath
|
1370 ft²
|
$559,900
2 Bed
2 Bath
1370 ft²
|
$550,000
-1.77%
06/04/2020
|
Michelle Doyle
Flow Realty, Inc.
| |
|
08/08/2017
|
2 Bed
|
1 Bath
|
1346 ft²
|
$489,900
2 Bed
1 Bath
1346 ft²
|
$480,000
-2.02%
11/09/2017
|
Deborah Brown
Churchill Properties
| |
|
05/06/2017
|
2 Bed
|
2 Bath
|
1370 ft²
|
$489,000
2 Bed
2 Bath
1370 ft²
|
$491,500
+0.51%
06/21/2017
|
Michelle Doyle
Flow Realty, Inc.
| |
|
11/21/2014
|
2 Bed
|
1 Bath
|
1346 ft²
|
$399,000
2 Bed
1 Bath
1346 ft²
|
$381,000
-4.51%
09/16/2015
|
Deborah Brown
Churchill Properties
| |
|
10/23/2014
|
2 Bed
|
2 Bath
|
1398 ft²
|
$429,900
2 Bed
2 Bath
1398 ft²
|
$410,000
-4.63%
12/29/2014
|
Janet Wheatley
Coldwell Banker Residential Brokerage - Beverly
| |
|
06/20/2010
|
2 Bed
|
2 Bath
|
1484 ft²
|
$419,000
2 Bed
2 Bath
1484 ft²
|
$395,000
-5.73%
11/23/2010
|
Brad Phillips
Harborside Realty
| |
|
07/23/2003
|
2 Bed
|
2 Bath
|
1370 ft²
|
$399,900
2 Bed
2 Bath
1370 ft²
|
$375,000
-6.23%
01/09/2004
|
Anthony Serino
Century 21 deAn Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017