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Beverly 01915
40 County Way
$326,000
● House - Off Market

40 County Way

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,206 Ft²
$547,877
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Perfect opportunity for affordable 3-bedroom housing in Beverly. Located in sought after Ryal Side neighborhood on a side street. Enjoy relaxing in the evening on your sunlit 3-season porch. Move inside to your first floor with fairly open floor plan with living and dining rooms connected and  kitchen located off the dining room. Bathrooms located on both first and second floors. All 3 bedrooms located on second floor. Home offers the perfect opportunity to make it your own. Great private patio and back yard as well as plenty of outdoor storage and off-street parking with 2-car detached garage.
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$273
Property Type
House
Property Taxes
$340
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 #72040713)

Price History

Date / Event Date Event Price
Sep 15, 2016 Sold
Premium
Sold
Jul 19, 2016 Listed by Keller Williams Realty Evolution $329,000
Listed by Keller Williams Realty Evolution
May 1, 2003 Sold
Premium
Sold
Jan 22, 2003 Listed by Keller Williams Realty Evolution $284,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

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: 6
  • 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: 588
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,971
  • Total Building Area: 1,206
  • Gross Building Area: 2,079
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 3

    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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0018 B:0102 L:
  • Block: 102
  • Municipality: BEVERLY
  • Latitude: 42.5544
  • Longitude: -70.9015

    Address

  • Full Address: 40 County Way
  • Address - House Number: 40
  • Address - Street Name: County
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2834
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 603,730
  • High Value: 712,783
  • Low Value: 494,677

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,500
  • Assessed Land Value: $330,800
  • Assessed Improvements Value: $184,700

    Sales

  • Current Sale Recording Date: Sep 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 303
  • Previous Sale Recording Date: May 01, 2003
  • Previous Sale Amount: $287,000
  • 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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72040713

Frequently Asked Questions

When was property at 40 County Way built and last sold?
The property at 40 County Way was built in 1910 and last sold on Jan 1, 1970 for $326,000.
How much is this home worth?
The estimated value of the home located at 40 County Way is $343,278.
What are some comparable homes to 40 County Way?
There are currently no comparable homes to 40 County Way.
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