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Beverly 01915
34 Bates Park Ave
$399,000
● House - Off Market

34 Bates Park Ave

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$590,650
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

The buyer's remorse is your opportunity!    Ryal Side Ranch in a great location near area amenities, parks, commuter routes, and train to Boston.  Set on a dead-end street, this charming home features a living room with a wood burning fireplace with raised brick hearth and bow window, and a sunny kitchen with Corian countertops and breakfast bar that opens to a dining area with slider to a private back deck. A handy laundry closet with stackable washer and dryer is in the dining area to makes for easy multi-tasking.  Offering 3 bedrooms and 2 full baths including a master suite, this home also features low maintenance vinyl siding, and central air. Plenty of room for entertaining and gardening with a good sized back yard with storage shed. Welcome home to Beverly!
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$310
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #72318275)

Price History

Date / Event Date Event Price
Aug 6, 2018 Sold
Premium
Sold
Apr 16, 2018 Listed by Lux Realty North Shore $399,000
Listed by Lux Realty North Shore

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,288
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,288
  • Gross Building Area: 2,873
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0009 B:035C L:
  • Block: 35C
  • Municipality: BEVERLY
  • Latitude: 42.5493
  • Longitude: -70.9023

    Address

  • Full Address: 34 Bates Park Ave
  • Address - House Number: 34
  • Address - Street Name: Bates Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4056
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 647,522
  • High Value: 760,864
  • Low Value: 534,181

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,900
  • Assessed Land Value: $301,000
  • Assessed Improvements Value: $276,900

    Sales

  • Current Sale Recording Date: Aug 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180806004150
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72318275

Frequently Asked Questions

When was property at 34 Bates Park Avenue built and last sold?
The property at 34 Bates Park Avenue was built in 1988 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 34 Bates Park Avenue is $413,120.
What are some comparable homes to 34 Bates Park Avenue?
There are currently no comparable homes to 34 Bates Park Avenue.
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