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Beverly 01915
36 Colgate Rd
$585,000
● House - Off Market

36 Colgate Rd

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,828 Ft²
$857,517
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Expansive multi-level home in Raymond Farms! Plenty of room for extended family with five bedrooms and three full baths! Updated kitchen with granite counters and tile floors, formal dining room with wall of closets for storage, family room with fireplace. The upper level offers a magnificent living room with a vaulted ceiling, built-ins and lots of windows overlooking the fenced yard with in-ground pool. The master suite is unique and tucked away with with full bath, additional sink, laundry room, walk in closet and built in storage. The lower level has a large work out room and game room with bar area and back yard access. So many options for this space. Newer roof and electrical panel. One car attached garage and large level private fenced yard with pool and deck. Perfect home for summer fun!
Unit Size
2,828 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$212
Property Type
House
Property Taxes
$541
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: 4 months ago (MLSPIN #72490013)

Price History

Date / Event Date Event Price
May 30, 2019 Sold
Premium
Sold
Apr 29, 2019 Listed by Coldwell Banker Residential Brokerage - Beverly $599,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Apr 22, 2008 Sold
Premium
Sold
Dec 17, 2007 Listed by Coldwell Banker Residential Brokerage - Beverly $389,900
Listed by Coldwell Banker Residential Brokerage - Beverly
May 6, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 13,809
  • Total Building Area: 2,828
  • Gross Building Area: 4,211
  • Building Area: 2,828
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,828
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • 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:0004 L:
  • Block: 4
  • Municipality: BEVERLY
  • Latitude: 42.5679
  • Longitude: -70.8994

    Address

  • Full Address: 36 Colgate Rd
  • Address - House Number: 36
  • Address - Street Name: Colgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C021
  • 4-Digit Zip Code: 5602
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $794,700

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 849,200
  • High Value: 993,597
  • Low Value: 704,803

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $707,700
  • Assessed Land Value: $381,800
  • Assessed Improvements Value: $325,900

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190530004580
  • Previous Sale Recording Date: Apr 22, 2008
  • Previous Sale Amount: $388,000
  • Previous Sale Document Type: 27
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72490013

Frequently Asked Questions

When was property at 36 Colgate Road built and last sold?
The property at 36 Colgate Road was built in 1960 and last sold on May 20, 2019 for $585,000.
How much is this home worth?
The estimated value of the home located at 36 Colgate Road is $595,530.
What are some comparable homes to 36 Colgate Road?
There are currently no comparable homes to 36 Colgate Road.
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