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Beverly 01915
5 Porter Terrace
$315,000
● House - Off Market

5 Porter Terrace

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,247 Ft²
$571,207
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Beautiful 3 bdrm, 1 bath cape in a lovely neighborhood in Ryal side.  2 fireplaces, hardwood floors, updated kitchen, built in china cabinet,  and a brand new roof are just some of the amenities!  2nd floor master with adjoining office area.   Large wooded backyard affords privacy behind you. Full basement with loads of storage.  Gas heat!!! THIS HOUSE IS LESS EXPENSIVE TO OWN THAN TO RENT!!!!!!  Close to Obear Park, beach, playground, and a short distance to the Beverly Depot commuter rail, or easy highway access. Don't miss out on this great home!!!
Unit Size
1,247 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$261
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1939

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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: 4 months ago (MLSPIN #71909882)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Keller Williams Realty Evolution $475,000
Listed by Keller Williams Realty Evolution
Dec 29, 2015 Sold
Premium
Sold
Sep 24, 2015 Listed by Keller Williams Realty Evolution $324,900
Listed by Keller Williams Realty Evolution
Nov 16, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 818
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,301
  • Total Building Area: 1,037
  • Gross Building Area: 2,516
  • Building Area: 1,037
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 7
  • Heated Square Feet: 1,037
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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:0009 B:0379 L:
  • Block: 379
  • Municipality: BEVERLY
  • Latitude: 42.5478
  • Longitude: -70.8959

    Address

  • Full Address: 5 Porter Ter
  • Address - House Number: 5
  • Address - Street Name: Porter
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4021
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $533,500

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 560,610
  • High Value: 658,738
  • Low Value: 462,481

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $475,100
  • Assessed Land Value: $326,100
  • Assessed Improvements Value: $149,000

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211130001210
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Amount: $315,000
  • 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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3001 ft²

Average Home Age

87.3 years

Currently For Sale

52 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# 71909882

Frequently Asked Questions

When was property at 5 Porter Terrace built and last sold?
The property at 5 Porter Terrace was built in 1939 and last sold on Nov 30, 2021 for $469,000.
How much is this home worth?
The estimated value of the home located at 5 Porter Terrace is $471,363.
What are some comparable homes to 5 Porter Terrace?
There are currently no comparable homes to 5 Porter Terrace.
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