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Beverly 01915
4 Groce St
$590,000
● House - Off Market

4 Groce St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$621,681
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to this unique farmhouse style home. You will feel comfortable once you enter the front door! Whether relaxing or entertaining, you have plenty of space .The formal dining room, in addition to a large, bright, eating area off the kitchen, give you the choice for having meals. Original wood floors throughout the house add to the charm. Now is the perfect time for morning coffee on the deck. You also have a nice sized yard ready for your lounging or gardening, just bring your imagination. Home consists of 3 bedrooms, 2 full baths, large attic area for possible expansion, full basement for plenty of storage. Easy access to highways, short distance to commuter rail. The seller is providing a home warranty at closing. Come see for yourself. You'll be glad you did!
Unit Size
1,810 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$329
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1880

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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 #73007453)

Price History

Date / Event Date Event Price
Aug 29, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Keller Williams Realty Evolution $595,000
Listed by Keller Williams Realty Evolution
Jan 10, 2018 Sold
Premium
Sold
Sep 8, 2017 Listed by Keller Williams Realty Evolution $375,000
Listed by Keller Williams Realty Evolution
Mar 28, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,006
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,920
  • Total Building Area: 1,810
  • Gross Building Area: 3,985
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HORACE E & ANNIE T ELLIOT
  • Land Acres: 0000000297
  • 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:0071 B:0006 L:
  • Block: 6
  • Municipality: BEVERLY
  • Latitude: 42.5771
  • Longitude: -70.8484

    Address

  • Full Address: 4 Groce St
  • Address - House Number: 4
  • Address - Street Name: Groce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 1314
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,800

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 704,410
  • High Value: 850,356
  • Low Value: 558,464

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $551,900
  • Assessed Land Value: $337,200
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73007453

Frequently Asked Questions

When was property at 4 Groce Street built and last sold?
The property at 4 Groce Street was built in 1880 and last sold on Aug 29, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 4 Groce Street is $601,599.
What are some comparable homes to 4 Groce Street?
There are currently no comparable homes to 4 Groce Street.
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