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Beverly 01915
44 Parramatta Rd
$292,000
● House - Off Market

44 Parramatta Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,074 Ft²
$548,189
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

A Commuter's Dream, 1/3 of a mile from the Montserrat Train Station. Classic, solid C. 1957 Ranch in "Montserrat" with oak flooring, 6 rooms & 3 bedrooms. Large unfinished basement for future additional space. Living Room with Vaulted ceiling and Brick fire place. Newer furnace. Dining Room with slider to 14 x 12 deck. 7770 square foot lot and a spacious rear yard. Offers will be reviewed Monday evening. Open House Sunday (9/8/13) 1:30-3:30.
Unit Size
1,074 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$269
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1957

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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 #71579356)

Price History

Date / Event Date Event Price
Feb 25, 2016 Sold
Premium
Sold
Oct 29, 2013 Sold
Premium
Sold
Sep 5, 2013 Listed by RE/MAX Advantage Real Estate $289,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,071
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,701
  • Total Building Area: 1,071
  • Gross Building Area: 2,399
  • Building Area: 1,071
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,071
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARRAMATTA & PINE ROADS
  • Land Acres: 0000000177
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0032 B:0202 L:
  • Block: 202
  • Municipality: BEVERLY
  • Latitude: 42.5592
  • Longitude: -70.8645

    Address

  • Full Address: 44 Parramatta Rd
  • Address - House Number: 44
  • Address - Street Name: Parramatta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 1970
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $678,000

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 675,195
  • High Value: 793,381
  • Low Value: 557,010

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $603,700
  • Assessed Land Value: $382,900
  • Assessed Improvements Value: $220,800

    Sales

  • Current Sale Recording Date: Feb 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71
  • Previous Sale Recording Date: Oct 29, 2013
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71579356

Frequently Asked Questions

When was property at 44 Parramatta Road built and last sold?
The property at 44 Parramatta Road was built in 1957 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 44 Parramatta Road is $303,211.
What are some comparable homes to 44 Parramatta Road?
There are currently no comparable homes to 44 Parramatta Road.
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