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Beverly 01915
3 Adeline Road
$650,000
● House - Off Market

3 Adeline Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,556 Ft²
$737,614
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

What are you waiting for? Private West Beach could be within your toes. This Beverly Farms one owner property is a blank slate ready for today's modern updates and your personal touch. Light & bright, this home offers a chance at single level living, has great bones, and is set on a level corner lot with a fenced backyard dotted with pretty perennials. Gleaming hardwoods, a fireplaced living room that opens to an eat-in kitchen, 1-car garage with extra storage space, and a partially finished basement are a few of the fine features in this sweet property. Don't miss your chance to be the next proud owners!
Unit Size
1,556 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$449
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1960

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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 #73002092)

Price History

Date / Event Date Event Price
Sep 13, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by Lux Realty North Shore $699,000
Listed by Lux Realty North Shore

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,490
  • Total Building Area: 1,080
  • Gross Building Area: 2,935
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 217602

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0062 B:0025 L:
  • Block: 25
  • Municipality: BEVERLY
  • Latitude: 42.5738
  • Longitude: -70.8161

    Address

  • Full Address: 3 Adeline Rd
  • Address - House Number: 3
  • Address - Street Name: Adeline
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C033
  • 4-Digit Zip Code: 2107
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,300

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 720,500
  • High Value: 831,889
  • Low Value: 609,112

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $641,400
  • Assessed Land Value: $452,400
  • Assessed Improvements Value: $189,000

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 184
  • Previous Sale Recording Date: Oct 22, 2007
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73002092

Frequently Asked Questions

When was property at 3 Adeline Road built and last sold?
The property at 3 Adeline Road was built in 1960 and last sold on Sep 13, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 3 Adeline Road is $703,804.
What are some comparable homes to 3 Adeline Road?
There are currently no comparable homes to 3 Adeline Road.
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