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Beverly 01915
5 Robb Rd
$630,000
● House - Off Market

5 Robb Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,370 Ft²
$687,321
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Here is your chance to own a diamond in the rough located in the heart of North Beverly in a prime location! This long time family home has produced thousands of beautiful memories and is ready for a facelift. Split level home that features an open kitchen and dining room with access to the raised backyard deck. Multiple options for living rooms and seating areas, full bath on each level, and one of the largest yards in the neighborhood. Located minutes from shopping, the commuter rail, hospital, restaurants, and rte 128 / 1A. There will be no scheduled open house and private showings have limited hours.
Unit Size
2,370 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$253
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1975

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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: 5 years ago (MLSPIN #72833574)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
May 18, 2021 Listed by Lux Realty North Shore $599,900
Listed by Lux Realty North Shore
Oct 1, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 24,450
  • Total Building Area: 1,160
  • Gross Building Area: 2,370
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000561
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0093 B:0259 L:
  • Block: 259
  • Municipality: BEVERLY
  • Latitude: 42.5887
  • Longitude: -70.8797

    Address

  • Full Address: 5 Robb Rd
  • Address - House Number: 5
  • Address - Street Name: Robb
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C018
  • 4-Digit Zip Code: 1109
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $718,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 735,045
  • High Value: 848,682
  • Low Value: 621,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $639,600
  • Assessed Land Value: $402,800
  • Assessed Improvements Value: $236,800

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210730004130
  • Previous Sale Recording Date: Oct 01, 1985
  • Previous Sale Amount: $160,000
  • 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

50

Average Home Size

3048 ft²

Average Home Age

86.7 years

Currently For Sale

56 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: 5 years ago
Data Source: MLS PIN, MLS# 72833574

Frequently Asked Questions

When was property at 5 Robb Road built and last sold?
The property at 5 Robb Road was built in 1975 and last sold on Jul 30, 2021 for $630,000.
How much is this home worth?
The estimated value of the home located at 5 Robb Road is $0.
What are some comparable homes to 5 Robb Road?
There are currently no comparable homes to 5 Robb Road.
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