$195,000
●
Condo -
Off Market
40 Bow St #2
Beverly, MA 01915
2 Beds
1 Bath
983 Ft²
$354,249
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model
About This Property
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.
Unit Size
983 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
Condo
Property Taxes
$219
HOA Dues
$125
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 #71647953)
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 | |||
| | |||
|
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.
| |||
| May 23, 2014 | Sold | ||
| Sold | |||
| Mar 20, 2014 | Listed by Keller Williams Realty Evolution | $195,000 | |
| Listed by Keller Williams Realty Evolution | |||
Show More
Property Highlights
Parking Available
Interior Details
Level: Second
Width: 15
Length: 12
Features: Flooring - Stone/Ceramic Tile, Balcony / Deck
Area: 180
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 10
Length: 11
Area: 110
Width: 14
Features: Flooring - Hardwood
Length: 15
Level: Second
Area: 210
Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: Second
Length: 15
Level: Second
Area: 210
Features: Flooring - Hardwood
Width: 14
Features: Closet, Flooring - Wall to Wall Carpet
Level: Second
Length: 13
Width: 12
Area: 156
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Building
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
Building Name: 40 Bow Street Condominium
Structure Type: Detached, 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Wood
Lead Paint: Yes, None
Lot Size Units: Acres
Zoning: RHD
Parcel Number: M:0011 B:0199 L:0002, 4613576
Water Source: Public
Financial Details
Tax Assessed Value: $185,900
Tax Annual Amount: $2,632
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
HOA/Condo/Coop Amenities: Storage
Association Fee Frequency: Monthly
HOA Fee: $125
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, 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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