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Beverly 01915
29 South Ter
$402,250
● House - Off Market

29 South Ter

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$725,865
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

Location, location, location. Waterviews! Rare opportunity to live on one of the most desirable locations in the family-friendly section of Ryal Side in Beverly. One of a kind street where you can enjoy the views of the water or look across to the Kernwood country club golf course. Peaceful, serene neighborhood. South Terrace is a quiet side street by the water nestled between Danversport Yacht Club, Kernwood Golf Course and Obear Park. Friendly neighborhood. Enjoy the July 4th fireworks from the public space just a few doors down. Features include: 4 bedrooms plus den/office 2 baths move in ready hardwood floors fenced in yard.  Showings by appointment only.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$250
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1954

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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 #71675662)

Price History

Date / Event Date Event Price
Jun 30, 2014 Sold
Premium
Sold
May 6, 2014 Listed by Alliance Realty NE, LLC $399,900
Listed by Alliance Realty NE, LLC
Oct 26, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,172
  • Total Building Area: 1,440
  • Gross Building Area: 3,020
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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:0008 B:0191 L:
  • Block: 191
  • Municipality: BEVERLY
  • Latitude: 42.5478
  • Longitude: -70.9042

    Address

  • Full Address: 29 South Ter
  • Address - House Number: 29
  • Address - Street Name: South
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Beverly
  • Carrier Code: C023
  • 4-Digit Zip Code: 3961
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 705,748
  • High Value: 825,870
  • Low Value: 585,626

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,200
  • Assessed Land Value: $358,000
  • Assessed Improvements Value: $235,200

    Sales

  • Current Sale Recording Date: Jun 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63000889
  • Previous Sale Recording Date: Oct 26, 2009
  • Previous Sale Amount: $22,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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# 71675662

Frequently Asked Questions

When was property at 29 South Terrace built and last sold?
The property at 29 South Terrace was built in 1954 and last sold on Jan 1, 1970 for $402,250.
How much is this home worth?
The estimated value of the home located at 29 South Terrace is $421,168.
What are some comparable homes to 29 South Terrace?
There are currently no comparable homes to 29 South Terrace.
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