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Beverly 01915
5 Lovett St
Photo of 5 Lovett St
Sold on Nov 21, 2008

1

Map

$310,000
● House - Off Market

5 Lovett St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,672 Ft²
$675,651
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Charming Antique colonial within walking distance to the beach and public transportation. Many original features such as interior Indian shutters and wide pine floors. Walk up attic currently being used as additional bedroom ready for final finishes. New roof and rebuilt chimney in 2006, wood interior replacement windows. Slider to large fenced in yard and nice deck.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$193
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1783

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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: 5 months ago (MLSPIN #70802035)

Price History

Date / Event Date Event Price
Nov 21, 2008 Sold
Premium
Sold
Aug 4, 2008 Listed $323,000
Listed
Jun 13, 1996 Sold
Premium
Sold
Nov 27, 1995 Listed $119,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1783
  • Effective Year Built: 1783
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 836
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,326
  • Total Building Area: 1,672
  • Gross Building Area: 3,590
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • 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: 217402

Zoning

  • Zoning: RMD

Geography

  • Account Number: RMD
  • Parcel: BEVE M:0005 B:0316 L:
  • Block: 316
  • Municipality: BEVERLY
  • Latitude: 42.5438
  • Longitude: -70.88

    Address

  • Full Address: 5 Lovett St
  • Address - House Number: 5
  • Address - Street Name: Lovett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C026
  • 4-Digit Zip Code: 5116
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,400

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 649,873
  • High Value: 759,898
  • Low Value: 539,849

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,700
  • Assessed Land Value: $291,200
  • Assessed Improvements Value: $210,500

    Sales

  • Current Sale Recording Date: Nov 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 13, 1996
  • Previous Sale Amount: $113,500
  • 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

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3152 ft²

Average Home Age

80.3 years

Currently For Sale

67 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: 5 months ago
Data Source: MLS PIN, MLS# 70802035

Frequently Asked Questions

When was property at 5 Lovett Street built and last sold?
The property at 5 Lovett Street was built in 1783 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 5 Lovett Street is $345,666.
What are some comparable homes to 5 Lovett Street?
There are currently no comparable homes to 5 Lovett Street.
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