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Beverly 01915
3 Davis Road
$625,000
● House - Off Market

3 Davis Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$684,114
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

OPEN HOUSE SATURDAY & SUNDAY 12 -3 PM. Bright and spacious Colonial with charming period features in a convenient Ryal Side location. The flexible floor plan allows for a variety of room uses. The first level features an updated granite/SS kitchen, dining room, living room, 1/2 bath/laundry and rear mudroom area. Additionally, there is a cozy sunroom. There are 2 bedrooms, a small office, study area and full bath on the second level. The third level offers a master suite with nicely appointed tiled shower. Significant improvements have been made by the current owners since their 2014 purchase; see attached sheet. Established yard composter and garden beds remain plus a newly planted dwarf apple tree in the front yard and rear blueberry bushes. Come take a look - will you be the lucky new owner?
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$322
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1928

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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: 5 years ago (MLSPIN #72798647)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Mar 16, 2021 Listed by Keller Williams Realty $579,900
Listed by Keller Williams Realty
Mar 20, 2014 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 804
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,643
  • Total Building Area: 1,773
  • Gross Building Area: 3,172
  • Building Area: 1,773
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,773
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0018 B:0036 L:
  • Block: 36
  • Municipality: BEVERLY
  • Latitude: 42.5564
  • Longitude: -70.9029

    Address

  • Full Address: 3 Davis Rd
  • Address - House Number: 3
  • Address - Street Name: Davis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2307
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $671,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 711,797
  • High Value: 832,949
  • Low Value: 590,646

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,100
  • Assessed Land Value: $325,000
  • Assessed Improvements Value: $273,100

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210423004120
  • Previous Sale Recording Date: Mar 20, 2014
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72798647

Frequently Asked Questions

When was property at 3 Davis Road built and last sold?
The property at 3 Davis Road was built in 1928 and last sold on Apr 23, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 3 Davis Road is $0.
What are some comparable homes to 3 Davis Road?
There are currently no comparable homes to 3 Davis Road.
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