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Beverly 01915
481 Elliott St
$635,000
● House - Off Market

481 Elliott St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,665 Ft²
$600,784
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

This three bedroom home boasts a large private backyard with an in ground swimming pool in a commuters dream location. The main living space offers a light filled kitchen/dining room, living room, family room and music room/office.  Upstairs, there are three bedrooms, the bathroom, and a large flexible work station/study space.  Buyers can mover right in to this home and keep it as is potentially expand to suit a variety of purposes especially on the main level.  Enjoy soaking in the hot tub and hosting neighborhood pool parties.  1 car garage, shed and dry basement are great options for storage.  Make this home yours in time for the start of school this September.
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$345
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73006567)

Price History

Date / Event Date Event Price
Aug 23, 2022 Sold
Premium
Sold
Jul 3, 2022 Listed by Gibson Sotheby's International Realty $575,000
Listed by Gibson Sotheby's International Realty
Aug 30, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by Gibson Sotheby's International Realty $429,900
Listed by Gibson Sotheby's International Realty
Mar 3, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 14,501
  • Total Building Area: 1,511
  • Gross Building Area: 2,927
  • Building Area: 1,511
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,511
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NICK & DAISY P PELTZ
  • Land Acres: 0000000333
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0017 B:0058 L:
  • Block: 58
  • Municipality: BEVERLY
  • Latitude: 42.5569
  • Longitude: -70.9062

    Address

  • Full Address: 481 Elliott St
  • Address - House Number: 481
  • Address - Street Name: Elliott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2351
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $625,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 663,127
  • High Value: 775,994
  • Low Value: 550,259

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,200
  • Assessed Land Value: $342,300
  • Assessed Improvements Value: $214,900

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Aug 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 221
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 30, 2019
  • Previous Sale Amount: $450,000
  • 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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2973 ft²

Average Home Age

88.4 years

Currently For Sale

53 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73006567

Frequently Asked Questions

When was property at 481 Elliott Street built and last sold?
The property at 481 Elliott Street was built in 1900 and last sold on Aug 23, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 481 Elliott Street is $584,387.
What are some comparable homes to 481 Elliott Street?
There are currently no comparable homes to 481 Elliott Street.
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