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Beverly 01915
3 Oceanside Dr
$752,200
● House - Off Market

3 Oceanside Dr

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,680 Ft²
$1,240,589
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

A beautifully renovated 3+bedroom Cape in Beverly Cove with water views.  This move-in ready home has hardwood floors throughout, a gourmet eat-in kitchen with granite counters and stainless steel appliances, and access to a deck overlooking the back yard.  The main living floor features a formal dining room, fireplaced living room, and expansive family room with direct access to a full bath which could be used as a first-floor master bedroom.  The home is located in desirable Beverly Cove just across the street from Lynch Park with access to a sandy beach.
Unit Size
2,680 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$297
Property Type
House
Property Taxes
$755
HOA Dues
-
Year Built
1948

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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 #72165353)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
May 16, 2017 Listed by LandVest, Inc. $795,000
Listed by LandVest, Inc.
Sep 30, 2013 Sold
Premium
Sold
Feb 28, 2013 Listed by LandVest, Inc. $669,900
Listed by LandVest, Inc.
Aug 21, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 744
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,649
  • Total Building Area: 2,180
  • Gross Building Area: 3,666
  • Building Area: 2,180
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,180
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0013 B:0126 L:
  • Block: 126
  • Municipality: BEVERLY
  • Latitude: 42.549
  • Longitude: -70.8603

    Address

  • Full Address: 3 Oceanside Dr
  • Address - House Number: 3
  • Address - Street Name: Oceanside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C007
  • 4-Digit Zip Code: 4711
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,053,100

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 1,144,955
  • High Value: 1,311,312
  • Low Value: 978,597

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $937,800
  • Assessed Land Value: $570,500
  • Assessed Improvements Value: $367,300

    Sales

  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 278
  • Previous Sale Recording Date: Sep 30, 2013
  • Previous Sale Amount: $653,250
  • 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

$455

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3076 ft²

Average Home Age

85 years

Currently For Sale

63 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: 5 months ago
Data Source: MLS PIN, MLS# 72165353

Frequently Asked Questions

When was property at 3 Oceanside Drive built and last sold?
The property at 3 Oceanside Drive was built in 1948 and last sold on Jan 1, 1970 for $752,200.
How much is this home worth?
The estimated value of the home located at 3 Oceanside Drive is $822,916.
What are some comparable homes to 3 Oceanside Drive?
There are currently no comparable homes to 3 Oceanside Drive.
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