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Beverly 01915
44 Nelson Avenue
$500,000
● House - Off Market

44 Nelson Avenue

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,660 Ft²
$821,576
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

New Green Energy efficient construction, savings everywhere.  Spectacular open concept with stone fireplace and glass end wall.  High end finishes and real wood floors with inlay.  Maintenance free home with everything you might expect in a million dollar home for a little less than half the price.  Too many fine things to mention.  At $499,900 first level is open  and ready to add up to 1,000 more square feet of above ground living space.  All plumbed, electrified and all systems have capacity for expansion.  Builder is looking for best offer.
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$301
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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 #72072191)

Price History

Date / Event Date Event Price
Jan 3, 2017 Sold
Premium
Sold
Sep 23, 2016 Listed by Tache Real Estate, Inc. $499,900
Listed by Tache Real Estate, Inc.
Feb 7, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,561
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 1,593
  • Gross Building Area: 3,281
  • Building Area: 1,593
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,593
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • 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:036C L:
  • Block: 36C
  • Municipality: BEVERLY
  • Latitude: 42.5908
  • Longitude: -70.8815

    Address

  • Full Address: 44 Nelson Ave
  • Address - House Number: 44
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1157
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $787,300

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 790,716
  • High Value: 924,719
  • Low Value: 656,713

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $701,100
  • Assessed Land Value: $331,200
  • Assessed Improvements Value: $369,900

    Sales

  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 430
  • Previous Sale Recording Date: Feb 07, 1990
  • Previous Sale Amount: $250,000
  • 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

$452

Below Asking

0.01%

Average Days on Market

49

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# 72072191

Frequently Asked Questions

When was property at 44 Nelson Avenue built and last sold?
The property at 44 Nelson Avenue was built in 2016 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 44 Nelson Avenue is $519,143.
What are some comparable homes to 44 Nelson Avenue?
There are currently no comparable homes to 44 Nelson Avenue.
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