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Beverly 01915
3 Gordon Road
$425,000
● House - Off Market

3 Gordon Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,290 Ft²
$451,120
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

GREAT OPPORTUNITY for a 1st time buyer to make this popular Raymond Farms area ranch your special home. Some updates will go a long way to make this a 2021 show place. A large fireplaced living room, dining room and eat-in kitchen with adjacent good sized family room with direct access to an outside deck entrance all makes for a central living space for entertaining everyone. 3 bedrooms, with half bath off the main bedroom plus full bath completes the package. This Gordon Road location is a great neighborhood and is situated on a 10,000 SF lot convenient to North Beverly shopping, commuter rail and major routes. Large storage room with overhead door and additional double sized outside shed.  Heating system is 7 years old and roof about 10 years old.  This seller is the original owner from 1956.
Unit Size
1,290 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$310
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72897738)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Sep 21, 2021 Listed by Keller Williams Realty Evolution $399,900
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,290
  • Gross Building Area: 1,572
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYMOND FARM BEVERLY SEC 02
  • Land Acres: 0000000230
  • 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:0052 B:0012 L:
  • Block: 12
  • Municipality: BEVERLY
  • Latitude: 42.5718
  • Longitude: -70.9028

    Address

  • Full Address: 3 Gordon Rd
  • Address - House Number: 3
  • Address - Street Name: Gordon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 1617
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,000

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 552,315
  • High Value: 652,080
  • Low Value: 452,549

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,900
  • Assessed Land Value: $374,300
  • Assessed Improvements Value: $114,600

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211103005150
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 72897738

Frequently Asked Questions

When was property at 3 Gordon Road built and last sold?
The property at 3 Gordon Road was built in 1958 and last sold on Nov 3, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 3 Gordon Road is $0.
What are some comparable homes to 3 Gordon Road?
There are currently no comparable homes to 3 Gordon Road.
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