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Beverly 01915
41 Nelson Ave
$617,000
● House - Off Market

41 Nelson Ave

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$924,952
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

THIS PROPERTY IS NOT IN A FLOOD ZONE - SELLER HAS LETTER ************* New Construction - New Price $624,888 ---  Great Location ---- Great Home *****   This Brand New Home features an Open Floor Plan, Stainless Steel Appliances and a Large Level Lot with a Huge Deck.  This new home is now  (as of  7/18) 100% complete.  Email agent for special financing bonus.   This  property is easy to show and on Lockbox and has been priced for immediate sale - Call now!!!  Seller will consider All Offers!!   P.S.  Property is only back on market because the buyer could not sell their Home!!  CALL NOW!! - Flooring has a 50 year warranty and is in the process of being adjusted.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 #72364857)

Price History

Date / Event Date Event Price
Sep 27, 2018 Sold
Premium
Sold
Jul 18, 2018 Listed by USA Real Estate Advisors $624,888
Listed by USA Real Estate Advisors

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 996
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,397
  • Total Building Area: 2,252
  • Gross Building Area: 3,876
  • Building Area: 2,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0093 B:036D L:
  • Block: 36D
  • Municipality: BEVERLY
  • Latitude: 42.5908
  • Longitude: -70.8808

    Address

  • Full Address: 41 Nelson Ave
  • Address - House Number: 41
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1134
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $882,200

    Appraisal Valuation

  • Standard Deviation: 0.1518
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 867,747
  • High Value: 1,013,583
  • Low Value: 721,910

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $785,600
  • Assessed Land Value: $379,000
  • Assessed Improvements Value: $406,600

    Sales

  • Current Sale Recording Date: Sep 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180927002370
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72364857

Frequently Asked Questions

When was property at 41 Nelson Avenue built and last sold?
The property at 41 Nelson Avenue was built in 2017 and last sold on Jan 1, 1970 for $617,000.
How much is this home worth?
The estimated value of the home located at 41 Nelson Avenue is $652,172.
What are some comparable homes to 41 Nelson Avenue?
There are currently no comparable homes to 41 Nelson Avenue.
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