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Beverly 01915
5 Bass River Road
$710,000
● House - Off Market

5 Bass River Road

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,571 Ft²
$577,725
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Expanded and very well built New England Cape with a beautiful backyard located in highly desired North Beverly neighborhood. Wonderful floor plan featuring a living room with fireplace, hardwood flooring, 4 bedrooms, and 2 full bathrooms. Charming breezeway/sunroom that leads to an attached garage with electric door opener. A brand new gas fired Boiler with a new chimney liner was installed this week, along with a new hot water heater. This house has great closets and tons of storage in the basement and eves. Some cosmetic updating needed but well worth the effort. Property is being sold with contents. This property is a rare find. See the Open House Schedule.
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$366
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1949

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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 #73101176)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Apr 27, 2023 In contract -
In contract
Apr 19, 2023 Listed by Keller Williams Realty Evolution $575,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,624
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,075
  • Total Building Area: 1,421
  • Gross Building Area: 2,953
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • 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:0053 B:0100 L:
  • Block: 100
  • Municipality: BEVERLY
  • Latitude: 42.5724
  • Longitude: -70.8983

    Address

  • Full Address: 5 Bass River Rd
  • Address - House Number: 5
  • Address - Street Name: Bass River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C017
  • 4-Digit Zip Code: 1607
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 673,093
  • High Value: 787,657
  • Low Value: 558,529

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,200
  • Assessed Land Value: $378,400
  • Assessed Improvements Value: $200,800

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20230519002640
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

2981 ft²

Average Home Age

86.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73101176

Frequently Asked Questions

When was property at 5 Bass River Road built and last sold?
The property at 5 Bass River Road was built in 1949 and last sold on May 19, 2023 for $710,000.
How much is this home worth?
The estimated value of the home located at 5 Bass River Road is $600,899.
What are some comparable homes to 5 Bass River Road?
There are currently no comparable homes to 5 Bass River Road.
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