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Beverly 01915
4 Ice House Lane
$640,000
● House - Off Market

4 Ice House Lane

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,456 Ft²
$873,877
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

This three-bedroom Colonial will delight you as soon as you enter the front door. This sunny and spacious home has an open kitchen and large living room but also offers formal living and dining rooms. Located conveniently near town, the train station, shopping and Route 128, this home sits on a lovely yard on a quiet cul de sac with just three other homes. Well kept, this home has a long list of appealing details like wainscoting throughout the first floor, central air conditioning, a large master bedroom with a walk-in closet and a comfortable deck off the eat-in kitchen in the back. Two-car attached garage has room for storage. A large basement is unfinished. To note, the office on the second floor could be used as a small fourth bedroom.
Unit Size
2,456 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$240
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
1999

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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 #72327696)

Price History

Date / Event Date Event Price
May 4, 2023 Sold
Premium
Sold
Jun 22, 2018 Sold
Premium
Sold
May 14, 2018 Listed by J. Barrett & Company $590,000
Listed by J. Barrett & Company
Oct 3, 2017 Sold
Premium
Sold
Aug 17, 2017 Listed by J. Barrett & Company $739,900
Listed by J. Barrett & Company
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,372
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,129
  • Total Building Area: 2,456
  • Gross Building Area: 4,433
  • Building Area: 2,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ICE HOUSE LANE
  • Land Acres: 0000000462
  • 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: 217101

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0044 B:031B L:
  • Block: 31B
  • Municipality: BEVERLY
  • Latitude: 42.5664
  • Longitude: -70.8647

    Address

  • Full Address: 4 Ice House Ln
  • Address - House Number: 4
  • Address - Street Name: Ice House
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C045
  • 4-Digit Zip Code: 1987
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $853,500

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 912,090
  • High Value: 1,066,662
  • Low Value: 757,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $760,000
  • Assessed Land Value: $368,800
  • Assessed Improvements Value: $391,200

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180622004500
  • Previous Sale Recording Date: Aug 19, 1999
  • Previous Sale Amount: $409,000
  • 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# 72327696

Frequently Asked Questions

When was property at 4 Ice House Lane built and last sold?
The property at 4 Ice House Lane was built in 1999 and last sold on Jan 1, 1970 for $640,000.
How much is this home worth?
The estimated value of the home located at 4 Ice House Lane is $620,735.
What are some comparable homes to 4 Ice House Lane?
There are currently no comparable homes to 4 Ice House Lane.
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