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Beverly 01915
48 Middlebury Lane
$580,000
● House - Off Market

48 Middlebury Lane

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,019 Ft²
$1,148,185
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

BEAUTIFUL custom home with open floor plan features upgraded kitchen with new granite countertops and stainless steel appliances.Sunken living room has hardwood floors, stone fireplace, soaring ceilings and skylights.Wrap around deck with screened in porch connects dining/living area to kitchen/family room, perfect for summer entertaining! Family bathroom updated with new tub & tile, vanity and granite.Walk-out lower level with separate entrance has 4 rooms - ideal for inlaw or aupair.
Unit Size
4,019 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$149
Property Type
House
Property Taxes
$738
HOA Dues
-
Year Built
1991

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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 #71504067)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Apr 5, 2013 Listed by Keller Williams Realty Evolution $599,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 1,646
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,102
  • Total Building Area: 3,031
  • Gross Building Area: 6,256
  • Building Area: 3,031
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,031
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000507
  • 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: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0071 B:0111 L:
  • Block: 111
  • Municipality: BEVERLY
  • Latitude: 42.5789
  • Longitude: -70.8524

    Address

  • Full Address: 48 Middlebury Ln
  • Address - House Number: 48
  • Address - Street Name: Middlebury
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C042
  • 4-Digit Zip Code: 1362
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,030,100

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,088,973
  • High Value: 1,274,168
  • Low Value: 903,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $917,300
  • Assessed Land Value: $443,800
  • Assessed Improvements Value: $473,500

    Sales

  • Current Sale Recording Date: Aug 09, 2013
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $580,000
  • 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

50

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# 71504067

Frequently Asked Questions

When was property at 48 Middlebury Lane built and last sold?
The property at 48 Middlebury Lane was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 48 Middlebury Lane is $666,571.
What are some comparable homes to 48 Middlebury Lane?
There are currently no comparable homes to 48 Middlebury Lane.
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