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Beverly 01915
32 Amherst Road
$439,000
● House - Off Market

32 Amherst Road

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,308 Ft²
$625,176
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Fully renovated 3 bedroom 1.5 bath ranch in the desirable Raymond Farms section of Beverly. Open concept living. Renovated kitchen with stainless steel appliances and quartz countertops. Enjoy the beautiful stone wood burning fireplace in adjacent dining/family room. Bamboo flooring throughout the home. Spacious bonus room extends with sliding doors to screened porch overlooking the expansive level, fenced in backyard with patio. New tiled full bath with granite. Plenty of storage with half garage, pull down attic and outdoor shed. Easy highway access and public transportation.
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$336
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1960

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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 #72547161)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Aug 8, 2019 Listed by J. Barrett & Company $439,000
Listed by J. Barrett & Company
Feb 29, 2012 Sold
Premium
Sold
Dec 8, 2011 Listed by J. Barrett & Company $279,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 10,350
  • Total Building Area: 1,308
  • Gross Building Area: 1,836
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYMOND FARMS
  • Land Acres: 0000000238
  • 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:0038 L:
  • Block: 38
  • Municipality: BEVERLY
  • Latitude: 42.5687
  • Longitude: -70.899

    Address

  • Full Address: 32 Amherst Rd
  • Address - House Number: 32
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 5624
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $634,300

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 647,900
  • High Value: 751,981
  • Low Value: 543,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,800
  • Assessed Land Value: $367,500
  • Assessed Improvements Value: $197,300

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191031004710
  • Previous Sale Recording Date: Feb 29, 2012
  • Previous Sale Amount: $256,000
  • 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# 72547161

Frequently Asked Questions

When was property at 32 Amherst Road built and last sold?
The property at 32 Amherst Road was built in 1960 and last sold on Oct 28, 2019 for $439,000.
How much is this home worth?
The estimated value of the home located at 32 Amherst Road is $445,895.
What are some comparable homes to 32 Amherst Road?
There are currently no comparable homes to 32 Amherst Road.
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