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Beverly 01915
5 Alcann Rd
$485,000
● House - Off Market

5 Alcann Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,205 Ft²
$480,711
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Excellent location of this 3-bed ranch in Centerville on close to 1/2 an acre lot. Lots of potential. Large living room with fireplace opens up to kitchen-dining combo with big windows overlooking the spacious backyard. Three bedrooms on the first floor and full bath. Downstairs there is a fireplace with woodstove and 3/4 bath; some work will need to be done to restore this space but finishing this room will add a sizeable amount of space to the floorplan. Walk-out basement. Vinyl siding. Two minutes to 128 but tucked away on a dead-end side street. Buyers and agents to do due diligence. First showings Sat/Sun 12:30-2 Nov 20-21. Offers due Monday Nov 22 at 5p. 48 hrs to review, please.
Unit Size
1,205 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$373
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1950

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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 #72918463)

Price History

Date / Event Date Event Price
Apr 20, 2022 Sold
Premium
Sold
Feb 17, 2022 Sold
Premium
Sold
Nov 16, 2021 Listed by Martel Real Estate $449,900
Listed by Martel Real Estate
Aug 5, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • 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: 1,205
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,179
  • Total Building Area: 1,205
  • Gross Building Area: 2,698
  • Building Area: 1,205
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,205
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000486
  • 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: 217601

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0071 B:0018 L:
  • Block: 18
  • Municipality: BEVERLY
  • Latitude: 42.5747
  • Longitude: -70.8501

    Address

  • Full Address: 5 Alcann Rd
  • Address - House Number: 5
  • Address - Street Name: Alcann
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C042
  • 4-Digit Zip Code: 1307
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,400

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 540,085
  • High Value: 665,168
  • Low Value: 415,001

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,100
  • Assessed Land Value: $370,200
  • Assessed Improvements Value: $184,900

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220420003310
  • Previous Sale Recording Date: Feb 17, 2022
  • Previous Sale Contract Date: Jan 28, 2022
  • Previous Sale Amount: $485,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72918463

Frequently Asked Questions

When was property at 5 Alcann Road built and last sold?
The property at 5 Alcann Road was built in 1950 and last sold on Apr 20, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 5 Alcann Road is $463,916.
What are some comparable homes to 5 Alcann Road?
There are currently no comparable homes to 5 Alcann Road.
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