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Beverly 01915
3 Nicole Avenue
$585,000
● House - Off Market

3 Nicole Avenue

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,451 Ft²
$971,148
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Large open concept colonial home, perfect for entertaining, located on a private 4 house cul-de-sac in desirable Centerville on the Beverly-Wenham line. Spacious eat in kitchen with lots of counter space, cabinets & drawers. 2 bay garage with 6 additional parking spaces along the long driveway. Handicapped friendly with stair chair from basement to 1st floor & handgrip bars in most bathrooms. Oversized 2 seat shower in laundry room plus small room for office or bedroom for 1st floor living. Plenty of closets & pull down attic w/ partial flooring for storage. Partially finished basement w/ full bath, 2nd kitchen & french door leading out to a private deck.
Unit Size
4,451 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$139
Property Type
House
Property Taxes
$695
HOA Dues
-
Year Built
1999

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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: 6 months ago (MLSPIN #72124837)

Price History

Date / Event Date Event Price
Jun 29, 2017 Sold
Premium
Sold
Mar 1, 2017 Listed by Armstrong Field Real Estate $620,000
Listed by Armstrong Field Real Estate
Sep 8, 1999 Sold
Premium
Sold
Dec 11, 1998 Listed by Little & Co., REALTORS® $469,000
Listed by Little & Co., REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,710
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,024
  • Total Building Area: 3,120
  • Gross Building Area: 5,529
  • Building Area: 3,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0086 B:039C L:
  • Block: 39C
  • Municipality: BEVERLY
  • Latitude: 42.5845
  • Longitude: -70.8295

    Address

  • Full Address: 3 Nicole Ave
  • Address - House Number: 3
  • Address - Street Name: Nicole
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C036
  • 4-Digit Zip Code: 1456
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $976,000

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,019,639
  • High Value: 1,212,454
  • Low Value: 826,823

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $869,100
  • Assessed Land Value: $358,800
  • Assessed Improvements Value: $510,300

    Sales

  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130
  • Previous Sale Recording Date: Mar 03, 2010
  • 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

$456

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3142 ft²

Average Home Age

74.9 years

Currently For Sale

58 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72124837

Frequently Asked Questions

When was property at 3 Nicole Avenue built and last sold?
The property at 3 Nicole Avenue was built in 1999 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 3 Nicole Avenue is $623,846.
What are some comparable homes to 3 Nicole Avenue?
There are currently no comparable homes to 3 Nicole Avenue.
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