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$184,200
● Condo - Off Market

31 Wallis #1

Beverly, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
794 Ft²
$370,138
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Downtown Beverly garden style condo.  Updated kitchen with maple cabinets, granite countertops and eat in kitchen.  Picture perfect updated bathroom with deep cast iron tub. Sun filled professionally landscaped back yard with patio to entertain.  Condo has 2 deeded off street parking spots and is close to commuter rail, public beaches, restaurants and parks.  GREAT VALUE!
Unit Size
794 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$239
Property Type
Condo
Property Taxes
$215
HOA Dues
$100
Year Built
-

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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: 5 years ago (MLSPIN #71526530)

Price History

Date / Event Date Event Price
Jul 31, 2013 Sold
Premium
Sold
May 15, 2013 Listed by The Mega Group $189,900
Listed by The Mega Group

Property Highlights

Parking Available
Interior Details
Level: First
Width: 15
Length: 14
Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid
Area: 210
Area: 40
Length: 5
Level: First
Width: 8
Level: First
Features: Flooring - Hardwood
Width: 13
Length: 10
Area: 130
Length: 9
Level: First
Area: 126
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Width: 14
Features: Flooring - Hardwood
Level: First
Length: 12
Width: 13
Area: 156
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Dryer
Flooring Type: Hardwood
Laundry Features: Washer Hookup
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Wallis Street Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: RHD
Parcel Number: 4686981
Water Source: Public
Financial Details
Tax Assessed Value: $189,300
Tax Annual Amount: $2,582
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $100
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes
Complex is Completed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71526530
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