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Beverly 01915
4 Mechanic St
$178,000
● House - Off Market

4 Mechanic St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,464 Ft²
$412,610
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model

About This Property

~SELLER TO PAY $1500 BONUS TO SELLING AGT @ CLOSING IF CLOSED BY 12/15/11~ In-town Colonial with great floor plan awaits your renovation ideas!  Traditional first floor with living room, dining room w/built-in cupboard, eat-in kitchen & half bath.  Upstairs are three bedrooms w/full bath.  Expansion potential in walkup attic. Screened-in porches.  Near shopping, restaurants, beaches, commuter rail, Cummings Ctr & Montserrat College of Art.  "Beacon Hill" fenced yard.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$129
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1910

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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 #71234135)

Price History

Date / Event Date Event Price
Jan 13, 2012 Sold
Premium
Sold
May 17, 2011 Listed by Coldwell Banker Residential Brokerage - Beverly $188,500
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,239
  • Total Building Area: 1,457
  • Gross Building Area: 2,352
  • Building Area: 1,457
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,457
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANGE HALL CONDO
  • Land Acres: 0000000051
  • 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: 217300

Zoning

  • Zoning: RHD

Geography

  • Account Number: RHD
  • Parcel: BEVE M:0011 B:0057 L:
  • Block: 57
  • Municipality: BEVERLY
  • Latitude: 42.5524
  • Longitude: -70.8809

    Address

  • Full Address: 4 Mechanic St
  • Address - House Number: 4
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C002
  • 4-Digit Zip Code: 3314
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $528,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 530,293
  • High Value: 623,166
  • Low Value: 437,419

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,300
  • Assessed Land Value: $283,100
  • Assessed Improvements Value: $187,200

    Sales

  • Current Sale Recording Date: Jan 13, 2012
  • Current Sale Price:
    Premium
  • Current 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71234135

Frequently Asked Questions

When was property at 4 Mechanic Street built and last sold?
The property at 4 Mechanic Street was built in 1910 and last sold on Jan 1, 1970 for $178,000.
How much is this home worth?
The estimated value of the home located at 4 Mechanic Street is $215,725.
What are some comparable homes to 4 Mechanic Street?
There are currently no comparable homes to 4 Mechanic Street.
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