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Beverly 01915
5 Lawnbank Rd
Photo of 5 Lawnbank Rd
Sold on Jun 30, 2011

1

Map

$730,000
● House - Off Market

5 Lawnbank Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,912 Ft²
$1,560,153
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

Ocean Views. Deeded beach rights.  You can feel like you are on vacation every day in this 3 bedroom, 3 bath contemporary home just step away from a private beach.  Located on a quiet cul-de-sac this property features an open-concept Great Room with a wall of windows overlooking a lovely fenced-in back yard with perennial gardens and mature plantings.  The family room sits on its own level and can double as a guest suite.  Great storage space. Central air.  View the ocean from the kitchen table.
Unit Size
2,912 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$261
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #71203589)

Price History

Date / Event Date Event Price
Jun 30, 2011 Sold
Premium
Sold
Mar 22, 2011 Listed by Coldwell Banker Residential Brokerage - Manchester $759,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Sep 19, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,096
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,720
  • Total Building Area: 2,044
  • Gross Building Area: 4,226
  • Building Area: 2,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • 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: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0013 B:0198 L:
  • Block: 198
  • Municipality: BEVERLY
  • Latitude: 42.5492
  • Longitude: -70.8566

    Address

  • Full Address: 5 Lawnbank Rd
  • Address - House Number: 5
  • Address - Street Name: Lawnbank
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C008
  • 4-Digit Zip Code: 4723
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,347,000

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,426,165
  • High Value: 1,644,732
  • Low Value: 1,207,599

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,199,500
  • Assessed Land Value: $742,700
  • Assessed Improvements Value: $456,800

    Sales

  • Current Sale Recording Date: Jun 30, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 19, 2002
  • Previous Sale Amount: $678,000
  • 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

$455

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3171 ft²

Average Home Age

83.7 years

Currently For Sale

64 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: 6 months ago
Data Source: MLS PIN, MLS# 71203589

Frequently Asked Questions

When was property at 5 Lawnbank Road built and last sold?
The property at 5 Lawnbank Road was built in 1950 and last sold on Jan 1, 1970 for $730,000.
How much is this home worth?
The estimated value of the home located at 5 Lawnbank Road is $0.
What are some comparable homes to 5 Lawnbank Road?
There are currently no comparable homes to 5 Lawnbank Road.
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