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Beverly 01915
51 Winthrop Ave.
$520,000
● House - Off Market

51 Winthrop Ave.

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,430 Ft²
$710,622
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Extremely well-maintained 3-bedroom/2-bathroom Dutch Colonial.  The classic details of this home include a front covered 3-season porch and entry foyer with a stunning staircase leading upstairs to all 3 bedrooms.  Room to entertain in your formal dining room - off the kitchen with beautiful bamboo flooring, cherry cabinets, granite counters, center island with countertop range and stainless steel appliances.  Hardwoods are in fantastic shape and original trim details throughout the home... all of it so well cared for.  Two-car detached garage. Large lot, totaling .36 acres, with beautiful landscape... the list goes on!
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$349
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1890

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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 #72551581)

Price History

Date / Event Date Event Price
Oct 21, 2019 Sold
Premium
Sold
Aug 19, 2019 Listed by J. Barrett & Company $499,000
Listed by J. Barrett & Company
Apr 21, 2017 Sold
Premium
Sold
Feb 15, 2017 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,625
  • Total Building Area: 1,651
  • Gross Building Area: 3,082
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORTER EST RYALL SIDE
  • Land Acres: 0000000359
  • 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:0075 L:
  • Block: 75
  • Municipality: BEVERLY
  • Latitude: 42.5463
  • Longitude: -70.8952

    Address

  • Full Address: 51 Winthrop Ave
  • Address - House Number: 51
  • Address - Street Name: Winthrop
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4159
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $675,100

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 705,180
  • High Value: 851,286
  • Low Value: 559,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,200
  • Assessed Land Value: $344,300
  • Assessed Improvements Value: $256,900

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191021001510
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Amount: $420,100
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 72551581

Frequently Asked Questions

When was property at 51 Winthrop Avenue built and last sold?
The property at 51 Winthrop Avenue was built in 1890 and last sold on Oct 21, 2019 for $520,000.
How much is this home worth?
The estimated value of the home located at 51 Winthrop Avenue is $511,171.
What are some comparable homes to 51 Winthrop Avenue?
There are currently no comparable homes to 51 Winthrop Avenue.
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