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Beverly 01915
40 Cogswell Avenue
$330,000
● House - Off Market

40 Cogswell Avenue

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$588,788
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Centerville (corner lot) cape located on a quiet dead end street. Features include 3 bedrooms, 1 full bath, kitchen, dining room, and living room. Newer heating system (2006) and central air added at the same time. New hot water heater in 2014 as well as newly updated electrical system in 2014. Currently this home has wall to wall carpet throughout but many rooms have hardwood floors under the carpet for easy updating. Kitchen needs to be updated and roof is approximately 20yrs old. The yard is flat and has a newer storage shed. Vinyl siding for easy maintenance. Walk to local Centerville Elementary School, parks and a short drive to the train station. Easy highway access and more! Showings start Thursday 10/28.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$310
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71923916)

Price History

Date / Event Date Event Price
Dec 15, 2015 Sold
Premium
Sold
Oct 26, 2015 Listed by J. Barrett & Company $334,900
Listed by J. Barrett & Company
Feb 28, 2006 Sold
Premium
Sold
Sep 16, 2005 Listed by J. Barrett & Company $329,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,484
  • Gross Building Area: 2,720
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 217601

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0085 B:0031 L:
  • Block: 31
  • Municipality: BEVERLY
  • Latitude: 42.5849
  • Longitude: -70.8453

    Address

  • Full Address: 40 Cogswell Ave
  • Address - House Number: 40
  • Address - Street Name: Cogswell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C032
  • 4-Digit Zip Code: 1502
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,000

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 679,001
  • High Value: 792,934
  • Low Value: 565,067

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,500
  • Assessed Land Value: $340,400
  • Assessed Improvements Value: $249,100

    Sales

  • Current Sale Recording Date: Dec 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 346
  • Previous Sale Recording Date: Feb 28, 2006
  • Previous Sale Amount: $320,000
  • 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

$455

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3076 ft²

Average Home Age

85 years

Currently For Sale

63 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71923916

Frequently Asked Questions

When was property at 40 Cogswell Avenue built and last sold?
The property at 40 Cogswell Avenue was built in 1960 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 40 Cogswell Avenue is $348,910.
What are some comparable homes to 40 Cogswell Avenue?
There are currently no comparable homes to 40 Cogswell Avenue.
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