44 Wallis Street #2
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by Vadala Real Estate | $334,900 | |
| Listed by Vadala Real Estate | |||
| | |||
|
This is the perfect starter home close to hip, downtown Beverly shops & restaurants, train station, Dane st beach, Lynch park and all that the vibrant city of Beverly has to offer. Newer designed kitchen with granite countertops, large island/ bar, upgraded cabinets and stainless steel appliances including a new Dishwasher. Large Living room with beautiful hardwood floors, bow window and 2 good-sized bedrooms with closets. Many new windows in the unit replaced in 2019/2020, Tiled Bath freshly painted. Gas heating system w/Gas hot water heater (2017). Roof replaced in 2006. Basement includes designated storage area and Laundry area .. All appliances will convey with the sale. Low condo Fee of $147/month includes W/S, Master insurance, exterior maintenance & common electric. Showings begin at the Open House Sat & Sun 11-12:30.
| |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by Casale-Skinner Realty | $269,900 | |
| Listed by Casale-Skinner Realty | |||
| | |||
|
Revitalization movement in progress! Welcome to Beverly's hip downtown area district. Step's to Train....shop's , restaurant's and ocean...Spacious two bedroom condominium. Fully applianced designer kitchen with stainless steel and granite. Hardwood flooring. Living room with Queen Anne style bow window. Washer and dryer included. Parking. Storage area with custom shelving. Low condo fee.
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| May 20, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/13/2021
|
2 Bed
|
1 Bath
|
790 ft²
|
$334,900
2 Bed
1 Bath
790 ft²
|
$340,000
+1.52%
09/20/2021
|
Casale-Skinner Realty Group
Vadala Real Estate
| |
|
10/04/2018
|
2 Bed
|
1 Bath
|
790 ft²
|
$269,900
2 Bed
1 Bath
790 ft²
|
$280,000
+3.74%
12/07/2018
|
Susan Keenan
RE/MAX Advantage Real Estate
| |
|
03/23/2016
|
2 Bed
|
1 Bath
|
790 ft²
|
$199,000
2 Bed
1 Bath
790 ft²
|
$220,000
+10.55%
05/20/2016
|
Jose A. Milanes
Reliance Realty
| |
|
09/24/2015
|
2 Bed
|
1 Bath
|
763 ft²
|
$189,900
2 Bed
1 Bath
763 ft²
|
$173,000
-8.90%
11/16/2015
|
Michelle Kuppens
Coldwell Banker Realty - Beverly
| |
|
05/05/2015
|
2 Bed
|
1 Bath
|
717 ft²
|
$169,000
2 Bed
1 Bath
717 ft²
|
$165,000
-2.37%
02/26/2016
|
Maura Allard
Leading Edge Real Estate
| |
|
06/18/2013
|
2 Bed
|
1 Bath
|
790 ft²
|
$189,900
2 Bed
1 Bath
790 ft²
|
$180,000
-5.21%
11/14/2013
|
Michelle Kuppens
Coldwell Banker Realty - Beverly
| |
|
08/24/2006
|
2 Bed
|
1 Bath
|
763 ft²
|
$229,900
2 Bed
1 Bath
763 ft²
|
$226,900
-1.30%
10/10/2006
|
Diane Hamlen
Carlson GMAC Real Estate
| |
|
08/24/2006
|
2 Bed
|
1 Bath
|
797 ft²
|
$219,900
2 Bed
1 Bath
797 ft²
|
$215,000
-2.23%
11/30/2006
|
Kathleen Sullivan
| |
|
08/04/2006
|
2 Bed
|
1 Bath
|
790 ft²
|
$229,900
2 Bed
1 Bath
790 ft²
|
$229,000
-0.39%
09/28/2006
|
Kathleen Sullivan
Sullivan Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017