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Beverly 01915
4 Porter Terrace
$300,000
● House - Off Market

4 Porter Terrace

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,086 Ft²
$680,250
RealtyHop Estimate
119.51%
Since Sep 1, 2002
MA-Boston
Primary Model

About This Property

CHARMING RANCH W/HW FLRS. FPL LR. 2 YR OLD KIT W/ALL NEW CAB, COUNTERS, FLOOR & APL.600 SQ FT LL FR W/FPL. MOSTLY NEW WINDOWS, GREAT NBHD, OBEAR PARK AT END OF ST, WALK DIST TO AYER SCHOOL. EASY COMMUTING.
Unit Size
1,086 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$285
Property Type
House
Property Taxes
$205
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: 5 months ago (MLSPIN #30607323)

Price History

Date / Event Date Event Price
Jun 17, 2013 Sold
Premium
Sold
Aug 15, 2002 Sold
Premium
Sold
May 15, 2002 Listed by RE/MAX Advantage Real Estate $309,900
Listed by RE/MAX Advantage Real Estate
Sep 29, 1995 Sold
Premium
Sold
Jul 17, 1995 Listed $148,500
Listed
GREAT FAMILY NEIGHBORHOOD, NEAR PARK, QUIET SIDE STREET. POTENTIAL FOR FAMILY ROOM IN WALK-OUT BASEMENT. OVERALL 52X28. MCINTIRE MANTEL ON FIREPLACE.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,202
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,950
  • Total Building Area: 1,202
  • Gross Building Area: 2,891
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0009 B:0383 L:
  • Block: 383
  • Municipality: BEVERLY
  • Latitude: 42.5477
  • Longitude: -70.8954

    Address

  • Full Address: 4 Porter Ter
  • Address - House Number: 4
  • Address - Street Name: Porter
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4022
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,400

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 654,323
  • High Value: 764,115
  • Low Value: 544,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,400
  • Assessed Land Value: $330,800
  • Assessed Improvements Value: $205,600

    Sales

  • Current Sale Recording Date: Jun 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 15, 2002
  • Previous Sale Amount: $300,000
  • 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

50

Average Home Size

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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: 5 months ago
Data Source: MLS PIN, MLS# 30607323

Frequently Asked Questions

When was property at 4 Porter Terrace built and last sold?
The property at 4 Porter Terrace was built in 1950 and last sold on Jan 1, 1970 for $293,000.
How much is this home worth?
The estimated value of the home located at 4 Porter Terrace is $321,906.
What are some comparable homes to 4 Porter Terrace?
There are currently no comparable homes to 4 Porter Terrace.
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