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Marblehead 01945
4 Beverly Ave
$410,000
● House - Off Market

4 Beverly Ave

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$728,641
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Great opportunity for the growing family. A true 'Diamond in the Rough". This 4 bedroom/1.5 bath home offers a fireplace living room, dining room combination. Large eat in kitchen. Master bedroom and three additional bedrooms make up the second floor. Ample storage through out the home. Bedrooms, living, and dining areas all have  hardwood flooring. A one car under garage completes the home. A good size lot offers a large back yard in quiet setting of similar family homes. The location is close to schools, shopping with Salem Harbor located at the end of the street. Come make this your new "Forever Home". First showing at Open House Sun. June 28th 11-1.  Highest and best by 6:00 PM 6/30.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$277
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1950

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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 #71863222)

Price History

Date / Event Date Event Price
Sep 3, 2015 Sold
Premium
Sold
Jun 24, 2015 Listed by Tache Real Estate, Inc. $419,000
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 356
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,568
  • Total Building Area: 1,512
  • Gross Building Area: 2,248
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000197
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0121 B:0036 L:0
  • Block: 36
  • Municipality: MARBLEHEAD
  • Latitude: 42.5053
  • Longitude: -70.8678

    Address

  • Full Address: 4 Beverly Ave
  • Address - House Number: 4
  • Address - Street Name: Beverly
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1304
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,400

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 750,774
  • High Value: 879,473
  • Low Value: 622,076

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $705,800
  • Assessed Land Value: $548,200
  • Assessed Improvements Value: $157,600

    Sales

  • Current Sale Recording Date: Sep 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44
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 Marblehead

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71863222

Frequently Asked Questions

When was property at 4 Beverly Avenue built and last sold?
The property at 4 Beverly Avenue was built in 1950 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 4 Beverly Avenue is $443,800.
What are some comparable homes to 4 Beverly Avenue?
There are currently no comparable homes to 4 Beverly Avenue.
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