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Beverly 01915
5 Pilgrim Heights
Photo of 5 Pilgrim Heights
Sold on Dec 1, 2004

1

Map

$840,000
● House - Off Market

5 Pilgrim Heights

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,700 Ft²
$1,569,091
RealtyHop Estimate
84.60%
Since Jan 1, 2005
MA-Boston
Primary Model

About This Property

OUTSTANDING WATERFRONT! Architectually designed, bright, open and airy home.  Offers 12'x 40' registered dock and float with tidal access to Beverly Harbor. Large wrap-around, awning-covered deck and extensive glass overlooking river and 32'lap pool. Beautiful granite topped custom-built cherry cabinets. Master bedroom suite with  walk-in, multi-jet steam shower. In-law/au-pair in walk-out lower level has separate entrance and private deck. Home has 3,700'of of vacation style living.
Unit Size
3,700 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$230
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1988

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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 #70035886)

Price History

Date / Event Date Event Price
Aug 10, 2010 Sold
Premium
Sold
Sep 14, 2009 Listed $499,900
Listed
Dec 1, 2004 Sold
Premium
Sold
May 15, 2004 Listed $850,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,155
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,325
  • Gross Building Area: 5,536
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PILGRIMS LNDG
  • Land Acres: 0000000459
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0003 B:103A L:
  • Block: 103A
  • Municipality: BEVERLY
  • Latitude: 42.5455
  • Longitude: -70.8943

    Address

  • Full Address: 5 Pilgrim Hts
  • Address - House Number: 5
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Hts
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4161
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,212,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,069,692
  • High Value: 1,251,608
  • Low Value: 887,775

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,079,500
  • Assessed Land Value: $651,200
  • Assessed Improvements Value: $428,300

    Sales

  • Current Sale Recording Date: Aug 10, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 01, 2004
  • Previous Sale Amount: $840,000
  • 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

$452

Below Asking

0.01%

Average Days on Market

49

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

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# 70035886

Frequently Asked Questions

When was property at 5 Pilgrim Heights built and last sold?
The property at 5 Pilgrim Heights was built in 1988 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 5 Pilgrim Heights is $515,251.
What are some comparable homes to 5 Pilgrim Heights?
There are currently no comparable homes to 5 Pilgrim Heights.
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