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Beverly 01915
518 Cabot St
$365,000
● House - Off Market

518 Cabot St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,956 Ft²
$675,371
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Price Reduced for this Classic Pristine Colonial in North Beverly with side street access. Enjoy the lovely porch and magnificent perennial gardens in all their blooming splendor.  Updated kitchen with cherry cabinets and soapstone counters. Three bedrooms. Updated bath. Formal dining room, front to back living room with fireplace and an adjacent solarium just perfect for those long winter days.  Hardwood floors throughout. New garage door.   Walk to Cummings Center, Hospital, stores, train, parks, schools and churches.
Unit Size
1,956 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$199
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1930

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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 #71869668)

Price History

Date / Event Date Event Price
Aug 31, 2015 Sold
Premium
Sold
Jul 8, 2015 Listed by Coldwell Banker Residential Brokerage - Beverly $389,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Jun 26, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 5
  • 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: 866
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,177
  • Total Building Area: 1,579
  • Gross Building Area: 3,321
  • Building Area: 1,579
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,579
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 217300

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0042 B:0029 L:
  • Block: 29
  • Municipality: BEVERLY
  • Latitude: 42.5671
  • Longitude: -70.8881

    Address

  • Full Address: 518 Cabot St
  • Address - House Number: 518
  • Address - Street Name: Cabot
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C017
  • 4-Digit Zip Code: 2541
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 678,972
  • High Value: 827,118
  • Low Value: 530,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $545,900
  • Assessed Land Value: $325,800
  • Assessed Improvements Value: $220,100

    Sales

  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 784
  • Previous Sale Recording Date: Jun 26, 1991
  • Previous Sale Amount: $156,600
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71869668

Frequently Asked Questions

When was property at 518 Cabot Street built and last sold?
The property at 518 Cabot Street was built in 1930 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 518 Cabot Street is $417,241.
What are some comparable homes to 518 Cabot Street?
There are currently no comparable homes to 518 Cabot Street.
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