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Marblehead 01945
47 Beverly Ave
$549,900
● House - Off Market

47 Beverly Ave

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,171,093
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

OPPORTUNITY TO CUSTOMIZE YOUR HOME. Extensively renovated 1880s farm house with 4/5 bedrooms and 2 1/2 baths with a beautiful open concept kitchen leading out through French doors to an expansive deck. And, of course, you will enjoy the master suite. This wonderful spacious colonial home offers everything you would expect in modern conveniences and updates including new dual heat/AC systems, electric, plumbing, insulation, windows and more. CALL NOW AND BE PART OF THE PROCESS.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$229
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1876

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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 months ago (MLSPIN #71200878)

Price History

Date / Event Date Event Price
Oct 13, 2011 Sold
Premium
Sold
Mar 16, 2011 Listed by Harborside Realty $549,900
Listed by Harborside Realty
Aug 31, 2010 Sold
Premium
Sold
Jul 20, 2010 Listed by Harborside Realty $300,000
Listed by Harborside Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1876
  • Effective Year Built: 1876
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,325
  • Total Building Area: 2,077
  • Gross Building Area: 4,140
  • Building Area: 2,077
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,077
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOROTHY COGSWELL
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203301

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0122 B:0025 L:0
  • Block: 25
  • Municipality: MARBLEHEAD
  • Latitude: 42.5071
  • Longitude: -70.8706

    Address

  • Full Address: 47 Beverly Ave
  • Address - House Number: 47
  • Address - Street Name: Beverly
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C008
  • 4-Digit Zip Code: 1303
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $901,000

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 988,904
  • High Value: 1,189,475
  • Low Value: 788,332

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,005,600
  • Assessed Land Value: $544,500
  • Assessed Improvements Value: $461,100

    Sales

  • Current Sale Recording Date: Oct 13, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 31, 2010
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$539

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2948 ft²

Average Home Age

91.2 years

Currently For Sale

35 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: 5 months ago
Data Source: MLS PIN, MLS# 71200878

Frequently Asked Questions

When was property at 47 Beverly Avenue built and last sold?
The property at 47 Beverly Avenue was built in 1876 and last sold on Jan 1, 1970 for $549,000.
How much is this home worth?
The estimated value of the home located at 47 Beverly Avenue is $601,461.
What are some comparable homes to 47 Beverly Avenue?
There are currently no comparable homes to 47 Beverly Avenue.
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