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Beverly 01915
5 Hillside Ave
$500,000
● House - Off Market

5 Hillside Ave

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
951 Ft²
$483,321
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Fantastic well maintained ranch home. Spacious open concept layout with hardwood floors throughout. The living room has a fireplace, recessed lighting, and large windows allowing in an abundance of natural light. The large kitchen has granite counters, and ample cabinetry for storage, and leads out to the insulated enclosed three-season porch that overlooks the fenced-in backyard. Two nice-sized bedrooms, an office/study, and a full bath complete the main level. The finished lower level is a great space for entertaining and offers exterior access. Bath updated 2020.  Range upgraded 2021!! (Offer deadline Monday 5pm)
Unit Size
951 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$494
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1954

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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 #72989293)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
May 31, 2022 Listed by Redfin Corp. $469,900
Listed by Redfin Corp.
Nov 2, 2000 Sold
Premium
Sold
Sep 14, 2000 Listed by Redfin Corp. $199,900
Listed by Redfin Corp.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 951
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,632
  • Total Building Area: 951
  • Gross Building Area: 2,088
  • Building Area: 951
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 951
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELLIOT STREET
  • Land Acres: 0000000129
  • 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:0018 B:0128 L:
  • Block: 128
  • Municipality: BEVERLY
  • Latitude: 42.5547
  • Longitude: -70.8998

    Address

  • Full Address: 5 Hillside Ave
  • Address - House Number: 5
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2810
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,200

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 561,076
  • High Value: 662,424
  • Low Value: 459,728

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,300
  • Assessed Land Value: $326,700
  • Assessed Improvements Value: $168,600

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220728001760
  • Previous Sale Recording Date: Nov 02, 2000
  • Previous Sale Amount: $200,500
  • Previous Sale Document Type: 27
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72989293

Frequently Asked Questions

When was property at 5 Hillside Avenue built and last sold?
The property at 5 Hillside Avenue was built in 1954 and last sold on Jul 28, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 5 Hillside Avenue is $464,708.
What are some comparable homes to 5 Hillside Avenue?
There are currently no comparable homes to 5 Hillside Avenue.
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