$775,000
●
Multifamily -
Off Market
44 Charnock
Beverly, MA
8 Beds
3 Baths
2,660 Ft²
$1,095,536
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Located in a very desirable location near downtown Beverly, this
property consists of two (2) three bedroom 1 bathroom apartments
and top floor apartment is a two bedroom 1 bathroom apartment. The
property went under extensive renovation over the past five years
with new heating systems, electrical, plumbing fixtures, laundry
,kitchen and bathrooms. Roof is 1 month old and property has
replacement windows done as well. Tenants pay for their own gas
heat and electric , while landlord pays for water, sewer, trash and
common electric . Newer paved driveway for 6 vehicles as
well. This is a turn key investment in a strong location .
Unit Size
2,660 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$282
Property Type
Multifamily
Property Taxes
$562
HOA Dues
-
Year Built
-
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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: 5 years ago (MLSPIN #72577557)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2019 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by Non Member Office | $749,000 | |
| Listed by Non Member Office | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Slider), Unit 2(Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Slider), Unit 3(Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Internet Available - Unknown), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Refrigerator), Unit 3(Range, Disposal, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Laundry Features: Washer Hookup
Rooms: 14
Basement: Full, Interior Entry, Bulkhead, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R6
Parcel Number: 4182444
Water Source: Public
Financial Details
Tax Map Number: 0012
Tax Assessed Value: $510,900
Tax Annual Amount: $6,749
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Hot Water Baseboard, Gas, Individual), Unit 2(Hot Water Baseboard, Gas, Individual), Unit 3(Hot Water Baseboard, Individual)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017