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Beverly 01915
5 Connolly Pl
$424,900
● House - Off Market

5 Connolly Pl

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,658 Ft²
$770,631
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

Charming renovated Nantucket shingle style cottage just around the corner from West Beach and Boston commuter rail. Very spacious living room with French doors and built ins for TV, media storage and book collection. Great Arts and Crafts feeling in designer kitchen with honed granite counters and sparking white cabinets, accompanied by stainless steel Jenn air appliances and brand new Bosch dishwasher opens to patio!  Three delightful bedrooms and two luxurious full baths!  Move outdoors to lavish and beautiful garden areas and stone patio for summertime entertaining.  Storage shed and mud-entry. A  bevy of fabulous restaurants, fresh produce and artisan cheese gourmet stores & bakeries in the village of Beverly Farms too!
Unit Size
1,658 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$256
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1920

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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 #71791250)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Mar 10, 2021 Listed by J. Barrett & Company $569,000
Listed by J. Barrett & Company
Mar 31, 2015 Sold
Premium
Sold
Feb 9, 2015 Listed by J. Barrett & Company $424,900
Listed by J. Barrett & Company
May 15, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,149
  • Total Building Area: 816
  • Gross Building Area: 1,752
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEVERLY FARMS
  • Land Acres: 0000000072
  • 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: 217602

Zoning

  • Zoning: R6

Geography

  • Account Number: R6
  • Parcel: BEVE M:0049 B:0141 L:
  • Block: 141
  • Municipality: BEVERLY
  • Latitude: 42.5639
  • Longitude: -70.8143

    Address

  • Full Address: 5 Connolly Pl
  • Address - House Number: 5
  • Address - Street Name: Connolly
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Beverly
  • Carrier Code: C034
  • 4-Digit Zip Code: 2101
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $791,700

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 809,106
  • High Value: 934,027
  • Low Value: 684,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $705,000
  • Assessed Land Value: $417,600
  • Assessed Improvements Value: $287,400

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210429006540
  • Previous Sale Recording Date: Mar 31, 2015
  • Previous Sale Amount: $424,900
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71791250

Frequently Asked Questions

When was property at 5 Connolly Place built and last sold?
The property at 5 Connolly Place was built in 1920 and last sold on Apr 29, 2021 for $682,400.
How much is this home worth?
The estimated value of the home located at 5 Connolly Place is $583,940.
What are some comparable homes to 5 Connolly Place?
There are currently no comparable homes to 5 Connolly Place.
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