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Beverly 01915
4 Arbella Drive
$392,000
● House - Off Market

4 Arbella Drive

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,288 Ft²
$775,356
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Lovely Centerville home features a large eat-in kitchen, living room and dining room have hardwood floors, 3 bedrooms, 2 full bathrooms, new windows in 2004, finished lower level family room with a large brick fireplace and spacious built-in for a flat screen TV or books, large 2 level deck overlooking a 1 acre lot, one car attached garage, storage shed, maintenance free siding and all located on a quiet side street with a cul-de-sac and more!
Unit Size
2,288 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$174
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1978

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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 #71484711)

Price History

Date / Event Date Event Price
May 31, 2013 Sold
Premium
Sold
Feb 20, 2013 Listed by Coldwell Banker Residential Brokerage - Manchester $399,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Dec 17, 2004 Sold
Premium
Sold
Oct 5, 2004 Listed by Coldwell Banker Residential Brokerage - Manchester $429,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,124
  • Total Building Area: 1,184
  • Gross Building Area: 2,793
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001036
  • 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: 217601

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0086 B:033A L:
  • Block: 33A
  • Municipality: BEVERLY
  • Latitude: 42.5852
  • Longitude: -70.8325

    Address

  • Full Address: 4 Arbella Dr
  • Address - House Number: 4
  • Address - Street Name: Arbella
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C036
  • 4-Digit Zip Code: 1402
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 774,511
  • High Value: 894,250
  • Low Value: 654,773

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $624,800
  • Assessed Land Value: $372,700
  • Assessed Improvements Value: $252,100

    Sales

  • Current Sale Recording Date: May 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 17, 2004
  • Previous Sale Amount: $417,000
  • 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:

$749,450

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71484711

Frequently Asked Questions

When was property at 4 Arbella Drive built and last sold?
The property at 4 Arbella Drive was built in 1978 and last sold on Jan 1, 1970 for $392,000.
How much is this home worth?
The estimated value of the home located at 4 Arbella Drive is $440,682.
What are some comparable homes to 4 Arbella Drive?
There are currently no comparable homes to 4 Arbella Drive.
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