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Beverly 01915
3 Lexington Dr
$355,500
● House - Off Market

3 Lexington Dr

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,644 Ft²
$645,019
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

New listing! Group showing Wednesday, May29th from 11:30-1:30 and 6:30-7:30. North Beverly Colonial on lovely side street, yet convenient to everything. Bright, open eat-in kitchen leads out to a large deck overlooking a nicely landscaped, flat yard. Four good sized bedrooms and a full bath on the second floor, plus an additional full bath on the main level.  Spacious family room and separate living room with wood stove. Don't miss this home lovingly cared for by the original owners!
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$206
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #71532305)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Oct 13, 2021 Listed by Coldwell Banker Residential Brokerage - Manchester $529,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Jul 22, 2013 Sold
Premium
Sold
May 28, 2013 Listed by Coldwell Banker Residential Brokerage - Manchester $339,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,611
  • Total Building Area: 1,644
  • Gross Building Area: 2,876
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000244
  • 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: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0054 B:0209 L:
  • Block: 209
  • Municipality: BEVERLY
  • Latitude: 42.5694
  • Longitude: -70.8898

    Address

  • Full Address: 3 Lexington Dr
  • Address - House Number: 3
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C043
  • 4-Digit Zip Code: 2611
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,100

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 667,132
  • High Value: 780,681
  • Low Value: 553,583

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,400
  • Assessed Land Value: $333,600
  • Assessed Improvements Value: $232,800

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211122003030
  • Previous Sale Recording Date: Jul 22, 2013
  • Previous Sale Amount: $355,500
  • 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:

$749,450

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71532305

Frequently Asked Questions

When was property at 3 Lexington Drive built and last sold?
The property at 3 Lexington Drive was built in 1949 and last sold on Nov 22, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 3 Lexington Drive is $553,479.
What are some comparable homes to 3 Lexington Drive?
There are currently no comparable homes to 3 Lexington Drive.
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