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Beverly 01915
3 Wellesley Road
Photo of 3 Wellesley Road
Sold on Nov 25, 2025

25

Map

Photo of 3 Wellesley Road
Photo of 3 Wellesley Road
$730,000
● House - Off Market

3 Wellesley Road

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,682 Ft²
$3,949
Est. Monthly

About This Property

Sprawling 4 bedroom ranch set on a beautiful lot in the desirable neighborhood of Raymond Farms. Enjoy the brand new kitchen featuring white cabinetry and Quartz Countertops. The sundrenched living room has a wood burning fireplace and is open to the dining area. There is a family room off of the kitchen, a 4th bedroom, and an office. Many updates to this home include replacement windows, a newer hot water heater, fresh interior and exterior paint, bathroom vanity, etc. Quiet location in a private setting.
Unit Size
1,682 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$416
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1957

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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: 11 months ago (MLSPIN #73443117)

Price History

Date / Event Date Event Price
Nov 25, 2025 Sold
Premium
Sold
Oct 22, 2025 In contract -
In contract
Oct 13, 2025 Listed by Keller Williams Realty Evolution $699,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 1
  • 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: 10,799
  • Total Building Area: 1,584
  • Gross Building Area: 1,616
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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:0040 B:0028 L:
  • Block: 28
  • Municipality: BEVERLY
  • Latitude: 42.5687
  • Longitude: -70.9016

    Address

  • Full Address: 3 Wellesley Rd
  • Address - House Number: 3
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 5607
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 614,180
  • High Value: 711,192
  • Low Value: 517,167

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,000
  • Assessed Land Value: $375,900
  • Assessed Improvements Value: $149,100
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

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

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Click here to view more rentals in the neighborhood.
Last Updated: 11 months ago
Data Source: MLS PIN, MLS# 73443117

Frequently Asked Questions

When was property at 3 Wellesley Road built and last sold?
The property at 3 Wellesley Road was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Wellesley Road is $0.
What are some comparable homes to 3 Wellesley Road?
There are currently no comparable homes to 3 Wellesley Road.
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