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Beverly 01915
35 Cabot Street
$650,000
● House - Off Market

35 Cabot Street

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,954 Ft²
$665,568
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Open Houses Saturday 11/5 from 12 - 2 pm and Sunday 11/6 from 11 - 1 pm. Turn-key 4 bedroom, 2 full bath seaside Colonial with a wrap around porch, located in the heart of Beverly. This spacious home features an open floor plan that is perfect for entertaining. Beautifully updated kitchen that leads to a deck and a flat yard with water views. Charming living room and dining room with wide pine floors. The second level offers 4 bedrooms with new carpeting, large closets, and a full bath. There is a full walk out basement with great storage options. Oversized driveway with parking for 4 cars. This property is located steps from the commuter rail, restaurants, shopping, the theater, and area beaches.
Unit Size
1,954 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$317
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1900

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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 #73053607)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Nov 8, 2022 In contract -
In contract
Oct 31, 2022 Listed by Keller Williams Realty Evolution $619,000
Listed by Keller Williams Realty Evolution
Aug 9, 2019 Sold
Premium
Sold
Jun 11, 2019 Listed by Keller Williams Realty Evolution $439,998
Listed by Keller Williams Realty Evolution
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,650
  • Total Building Area: 1,954
  • Gross Building Area: 4,124
  • Building Area: 1,954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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: 217402

Zoning

  • Zoning: CN

Geography

  • Account Number: CN
  • Parcel: BEVE M:0002 B:0011 L:
  • Block: 11
  • Municipality: BEVERLY
  • Latitude: 42.5423
  • Longitude: -70.8842

    Address

  • Full Address: 35 Cabot St
  • Address - House Number: 35
  • Address - Street Name: Cabot
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C026
  • 4-Digit Zip Code: 5048
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $665,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 674,411
  • High Value: 789,199
  • Low Value: 559,623

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,600
  • Assessed Land Value: $290,200
  • Assessed Improvements Value: $302,400

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221229002890
  • Previous Sale Recording Date: Aug 09, 2019
  • Previous Sale Contract Date: Aug 06, 2019
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2981 ft²

Average Home Age

86.4 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

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# 73053607

Frequently Asked Questions

When was property at 35 Cabot Street built and last sold?
The property at 35 Cabot Street was built in 1900 and last sold on Dec 29, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 35 Cabot Street is $625,216.
What are some comparable homes to 35 Cabot Street?
There are currently no comparable homes to 35 Cabot Street.
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