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Beverly 01915
29 Ober St.
$1,425,000
● House - Off Market

29 Ober St.

Beverly, MA 01915
bedrooms
7 Beds
bathrooms
3 Baths, 3 Half Baths
square feet
8,855 Ft²
$3,080,767
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

DIRECT OCEANFRONT ESTATE WITH PRIVATE BEACH ACCESS.  This beautiful 7 bedroom, 3 full and 3 half bath Victorian sits on almost 2 acres of waterfront land in prestigious Beverly Cove.  A spacious and level backyard lawn stretches to a private beach with direct water access.  Commanding WATER VIEWS from most rooms in the house, including the grand entry hall with marble flooring and detailed moldings. This majestic residence boasts a granite eat-in kitchen, elegant dining and living rooms, detailed woodwork, french doors and moldings throughout, a Master Suite with fireplace, 3rd floor recreation room with granite bar and mahogany floors, and many more features and amenities too numerous to list. Easy commute to Boston with commuter rail stations and quick access to Rt. 128.
Unit Size
8,855 Ft²
Days on Market
-
Land Size
1.95 acres
Price per sqft
$209
Property Type
House
Property Taxes
$2,841
HOA Dues
-
Year Built
2022

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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 #72002007)

Price History

Date / Event Date Event Price
Feb 5, 2021 Sold
Premium
Sold
Oct 9, 2020 Listed by J. Barrett & Company $2,399,000
Listed by J. Barrett & Company
Sep 8, 2016 Sold
Premium
Sold
May 9, 2016 Listed by J. Barrett & Company $1,850,000
Listed by J. Barrett & Company
Oct 27, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 18
  • 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: 3,760
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,999
  • Total Building Area: 7,702
  • Gross Building Area: 12,768
  • Building Area: 7,702
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,702
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001951
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0013 B:0054 L:
  • Block: 54
  • Municipality: BEVERLY
  • Latitude: 42.5475
  • Longitude: -70.8639

    Address

  • Full Address: 29 Ober St
  • Address - House Number: 29
  • Address - Street Name: Ober
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C008
  • 4-Digit Zip Code: 4639
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,088,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,750,400
  • Assessed Land Value: $1,937,700
  • Assessed Improvements Value: $812,700

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210205005190
  • Previous Sale Recording Date: Sep 08, 2016
  • Previous Sale Amount: $1,425,000
  • 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

2973 ft²

Average Home Age

88.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72002007

Frequently Asked Questions

When was property at 29 Ober Street built and last sold?
The property at 29 Ober Street was built in 2022 and last sold on Jan 28, 2021 for $2,200,000.
How much is this home worth?
The estimated value of the home located at 29 Ober Street is $2,422,990.
What are some comparable homes to 29 Ober Street?
There are currently no comparable homes to 29 Ober Street.
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