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Beverly 01915
3 Jewett Road
$400,000
● House - Off Market

3 Jewett Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,221 Ft²
$634,867
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

This Cape is in a Montserrat neighborhood which is a short distance to public transportation, public and private schools, colleges, YMCA, Beverly Hospital, beaches and  Routes 127 and 128.  The first floor has hardwood thoughout with an open concept combining the kitchen and the living room. The basement has the potential to be an added additional living space to this free flowing home.  The garage has a screened in porch which overlooks a well maintained yard with perennial gardens.  The Master bedroom also has views of the gardens from the walk out balcony.
Unit Size
1,221 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$324
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1952

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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 months ago (MLSPIN #72114852)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Mar 23, 2021 Listed by Coldwell Banker Residential Brokerage - Beverly $499,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Mar 22, 2017 Sold
Premium
Sold
Feb 1, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $395,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Apr 30, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • 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: 660
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,155
  • Gross Building Area: 2,154
  • Building Area: 1,155
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,155
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 217601

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0032 B:0094 L:
  • Block: 94
  • Municipality: BEVERLY
  • Latitude: 42.5624
  • Longitude: -70.8675

    Address

  • Full Address: 3 Jewett Rd
  • Address - House Number: 3
  • Address - Street Name: Jewett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 1905
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $618,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 675,950
  • High Value: 784,537
  • Low Value: 567,363

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,800
  • Assessed Land Value: $339,700
  • Assessed Improvements Value: $211,100

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 624469
  • Previous Sale Recording Date: Mar 22, 2017
  • Previous Sale Amount: $400,000
  • 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

$458

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3224 ft²

Average Home Age

80.7 years

Currently For Sale

64 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: 5 months ago
Data Source: MLS PIN, MLS# 72114852

Frequently Asked Questions

When was property at 3 Jewett Road built and last sold?
The property at 3 Jewett Road was built in 1952 and last sold on Apr 29, 2021 for $561,000.
How much is this home worth?
The estimated value of the home located at 3 Jewett Road is $507,329.
What are some comparable homes to 3 Jewett Road?
There are currently no comparable homes to 3 Jewett Road.
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