$337,000
●
Condo -
Off Market
40 Bow St #2
Beverly, MA 01915
2 Beds
1 Bath
983 Ft²
$428,290
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model
About This Property
Nice place to call home. Whether this is your first home, or
downsizing, check out the convenient location of this condo. Bright
and sunny 5 rooms, with hardwood floors. Enjoy an open, roomy
kitchen with exclusive use deck access. Room to set up that home
office, you decide. Private washer and dryer, extra storage in
basement. Pets allowed. Showings by 15 appointment only. Next
showings, Monday, Sept.28, 4:30-6pm. Masks must be worn for
showings, one party at a time.
Unit Size
983 Ft²
Days on Market
-
Land Size
-
Price per sqft
$341
Property Type
Condo
Property Taxes
$256
HOA Dues
$150
Year Built
-
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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 years ago (MLSPIN #72733143)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Sep 26, 2020 | Listed by William Raveis R.E. & Home Services | $334,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| May 23, 2014 | Sold | ||
| Sold | |||
| Mar 20, 2014 | Listed by RE/MAX Advantage Real Estate | $195,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
| | |||
|
What's your wish list? This nicely remodeled 2nd floor unit has it all. Gleaming, natural hardwood floors; renovated bathroom with new vanity and new tile; spacious and versatile 5-room layout with large, eat-in kitchen complete with newer stainless steel appliances and a private deck. Very well maintained 3-unit complex located in desirable Downtown Beverly. Easy walk to T stop and many of Beverly's fine restaurants, coffee shops, beaches, and parks. 983 sq. ft of living area with 8 ½ x 4 storage room and washer dryer hookup in basement. Pet Friendly & Great Price.
| |||
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Property Highlights
Parking Available
Interior Details
Level: Second
Features: Kitchen Island, Recessed Lighting
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Closet, Flooring - Hardwood
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater
Flooring Type: Wood, Tile
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Rented
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Certified Treated
Lot Size Units: Acres
Zoning: RHD
Parcel Number: M:0011 B:0199 L:0002, 4613576
Water Source: Public
Financial Details
Tax Assessed Value: $239,600
Tax Annual Amount: $3,074
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Trash
Association Fee Frequency: Monthly
HOA Fee: $150
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2023
|
2 Bed
|
1 Bath
|
960 ft²
|
$399,900
2 Bed
1 Bath
960 ft²
|
$425,000
+6.28%
08/10/2023
|
Fermin Group
Century 21 North East
| |
|
09/09/2021
|
2 Bed
|
1 Bath
|
960 ft²
|
$349,900
2 Bed
1 Bath
960 ft²
|
$363,000
+3.74%
10/06/2021
|
Gayle Winters
Leading Edge Real Estate
| |
|
03/30/2021
|
2 Bed
|
1 Bath
|
1038 ft²
|
$329,900
2 Bed
1 Bath
1038 ft²
|
$345,000
+4.58%
06/04/2021
|
Naomi Trager
Fireside Real Estate
| |
|
09/26/2020
|
2 Bed
|
1 Bath
|
983 ft²
|
$334,900
2 Bed
1 Bath
983 ft²
|
$337,000
+0.63%
11/23/2020
|
Leonette Strout
Keller Williams Realty Evolution
| |
|
05/08/2018
|
2 Bed
|
1 Bath
|
960 ft²
|
$239,000
2 Bed
1 Bath
960 ft²
|
$245,000
+2.51%
06/25/2018
|
Melissa Abrahams
Century 21 Commonwealth
| |
|
12/23/2015
|
2 Bed
|
1 Bath
|
1038 ft²
|
$189,899
2 Bed
1 Bath
1038 ft²
|
$188,000
-1.00%
06/29/2016
|
Diane Polley
Churchill Properties
| |
|
03/20/2014
|
2 Bed
|
1 Bath
|
983 ft²
|
$195,000
2 Bed
1 Bath
983 ft²
|
$195,000
05/23/2014
|
Leonette Strout
Keller Williams Realty Evolution
| |
|
03/02/2014
|
2 Bed
|
1 Bath
|
980 ft²
|
$189,900
2 Bed
1 Bath
980 ft²
|
$193,000
+1.63%
05/21/2014
|
John B. Engelhardt
Vernon A. Martin, Inc.
| |
|
06/13/2012
|
2 Bed
|
1 Bath
|
1038 ft²
|
$182,000
2 Bed
1 Bath
1038 ft²
|
$178,500
-1.92%
11/14/2012
|
Nancy Judge
Keller Williams Realty
| |
|
05/26/2011
|
2 Bed
|
1 Bath
|
1038 ft²
|
$178,888
2 Bed
1 Bath
1038 ft²
|
-
-
|
Robert Cassano
Unity Realty
| |
|
08/31/2010
|
2 Bed
|
1 Bath
|
1038 ft²
|
$178,500
2 Bed
1 Bath
1038 ft²
|
-
-
|
Jenny May
J. Barrett & Company
| |
|
04/06/2010
|
2 Bed
|
1 Bath
|
983 ft²
|
$179,900
2 Bed
1 Bath
983 ft²
|
$179,900
06/03/2010
|
Gary Blattberg
RE/MAX 360
| |
|
05/11/2009
|
2 Bed
|
1 Bath
|
1038 ft²
|
$187,500
2 Bed
1 Bath
1038 ft²
|
-
-
|
Susan Noble
William Raveis R.E. & Home Services
| |
|
05/29/2007
|
2 Bed
|
1 Bath
|
980 ft²
|
$209,000
2 Bed
1 Bath
980 ft²
|
$208,500
-0.24%
08/31/2007
|
Laurie Phillips
ERA Morrison Real Estate
| |
|
09/20/2005
|
2 Bed
|
1 Bath
|
1000 ft²
|
$189,900
2 Bed
1 Bath
1000 ft²
|
$187,000
-1.53%
08/15/2006
|
Alice Miller
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
09/20/2005
|
2 Bed
|
1 Bath
|
980 ft²
|
$199,900
2 Bed
1 Bath
980 ft²
|
$193,500
-3.20%
03/13/2006
|
Alice Miller
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
09/20/2005
|
2 Bed
|
1 Bath
|
980 ft²
|
$199,900
2 Bed
1 Bath
980 ft²
|
$192,000
-3.95%
01/20/2006
|
Alice Miller
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
03/23/1999
| |
9 Bed
|
-
|
2000 ft²
|
$339,900
9 Bed
-
2000 ft²
|
$324,000
-4.68%
06/01/1999
|
Jacquelyn Gagnon
J.Gagnon Real Estate Associates
|
Building Info
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