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Beverly 01915
3 Avalon Avenue
$2,750,000
● House - Off Market

3 Avalon Avenue

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
7,076 Ft²
$15,944
Est. Monthly

About This Property

Beautiful, stately Colonial on over one acre of land on prestigious Paine Avenue with professionally landscaped grounds and fountain. Property offers gracious rooms with hardwood floors, gourmet kitchen with 28x15 breakfast area & fireplace, music room, library, master suite with office, wine cellar, six fireplaces, family room and game room. Au pair over garage. Lovely inground pool with brick patio & land for tennis court. Three car atttached garage. Property has rights to private West Beach.
Unit Size
7,076 Ft²
Days on Market
-
Land Size
1.66 acres
Price per sqft
$389
Property Type
House
Property Taxes
$2,441
HOA Dues
-
Year Built
1990

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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: 10 months ago (MLSPIN #71096096)

Price History

Date / Event Date Event Price
May 4, 2018 Sold
Premium
Sold
Jun 15, 2010 Listed by J. Barrett & Company $2,750,000
Listed by J. Barrett & Company
Aug 3, 1999 Sold
Premium
Sold
Sep 30, 1998 Listed by J. Barrett & Company $1,795,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,660
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 72,310
  • Total Building Area: 7,076
  • Gross Building Area: 14,180
  • Building Area: 7,076
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,076
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVALON SEC 02
  • Land Acres: 0000001660
  • 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: R90

Geography

  • Account Number: R90
  • Parcel: BEVE M:0026 B:0032 L:
  • Block: 32
  • Municipality: BEVERLY
  • Latitude: 42.5575
  • Longitude: -70.8258

    Address

  • Full Address: 3 Avalon Ave
  • Address - House Number: 3
  • Address - Street Name: Avalon
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C000
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,542,900

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,537,697
  • High Value: 2,929,581
  • Low Value: 2,145,814

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,264,400
  • Assessed Land Value: $1,132,700
  • Assessed Improvements Value: $1,131,700

    Sales

  • Current Sale Recording Date: May 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180504001370
  • Previous Sale Recording Date: Aug 03, 1999
  • Previous Sale Amount: $1,550,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 71096096

Frequently Asked Questions

When was property at 3 Avalon Avenue built and last sold?
The property at 3 Avalon Avenue was built in 1990 and last sold on Jan 1, 1970 for $1,690,000.
How much is this home worth?
The estimated value of the home located at 3 Avalon Avenue is $0.
What are some comparable homes to 3 Avalon Avenue?
There are currently no comparable homes to 3 Avalon Avenue.
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