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Beverly 01915
53 Amherst Rd
$380,000
● House - Off Market

53 Amherst Rd

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,398 Ft²
$587,032
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

Move right into this lovely one level ranch in desirable Raymond Farm neighborhood featuring 7 rooms,  4 bedrooms, updated kitchen with new stainless steel appliances, granite counter tops and ceramic tile floor, updated bath with granite top and rear fenced yard. Freshly painted throughout and wall to wall carpeting. One bedroom has wood flooring. Exterior has vinyl siding. Garage was attached but was split into a room and a storage area but can be converted back to a garage and new garage door.  The driveway has been re paved. Great location and close to major highways. Property being sold "as is" "where is"
Unit Size
1,398 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$279
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1957

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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 #72248094)

Price History

Date / Event Date Event Price
Mar 23, 2018 Sold
Premium
Sold
Oct 26, 2017 Listed by Bancroft Realty Group $389,900
Listed by Bancroft Realty Group
Aug 9, 2016 Sold
Premium
Sold
Jun 17, 2016 Listed by Bancroft Realty Group $259,900
Listed by Bancroft Realty Group
Aug 9, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,745
  • Total Building Area: 1,398
  • Gross Building Area: 1,452
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000338
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0052 B:0004 L:
  • Block: 4
  • Municipality: BEVERLY
  • Latitude: 42.571
  • Longitude: -70.9028

    Address

  • Full Address: 53 Amherst Rd
  • Address - House Number: 53
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 5634
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,500

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 610,734
  • High Value: 721,052
  • Low Value: 500,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,700
  • Assessed Land Value: $383,700
  • Assessed Improvements Value: $151,000

    Sales

  • Current Sale Recording Date: Mar 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180323001580
  • Previous Sale Recording Date: Aug 09, 2016
  • Previous Sale Amount: $280,500
  • 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

2973 ft²

Average Home Age

88.4 years

Currently For Sale

53 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: 4 months ago
Data Source: MLS PIN, MLS# 72248094

Frequently Asked Questions

When was property at 53 Amherst Road built and last sold?
The property at 53 Amherst Road was built in 1957 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 53 Amherst Road is $406,104.
What are some comparable homes to 53 Amherst Road?
There are currently no comparable homes to 53 Amherst Road.
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