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Beverly 01915
53 Hillcrest Ave
$780,000
● House - Off Market

53 Hillcrest Ave

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,032 Ft²
$753,454
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Look no further, Beverly. Through hard work and pride of ownership, this 1997 custom built property has been immaculately maintained. Located at the end of a cul-de-sac, walking distance from Obear Park. The water view and serenity this home offers, cannot be beat. Open floor plan, hardwood floors. 2 bedrooms 2 bath. Master bed with private deck and bath. Lower level offers finished bonus room and huge storage room, 2 car garage, 5-year-old roof and so many more upgrades! Come see this unique property this weekend! Open House: Fri 4/14 4:30pm - 7pm. Sat 4/15 11am - 1pm. Sun 4/16 12pm - 2pm. All offers due Monday 4/17 at 5pm.
Unit Size
2,032 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$369
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1997

Payment Calculator

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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 months ago (MLSPIN #73098852)

Price History

Date / Event Date Event Price
May 24, 2023 Sold
Premium
Sold
Apr 18, 2023 In contract -
In contract
Apr 13, 2023 Listed by RE/MAX Triumph Realty $749,900
Listed by RE/MAX Triumph Realty
Apr 23, 2015 Sold
Premium
Sold
Mar 3, 2015 Listed by RE/MAX Triumph Realty $409,000
Listed by RE/MAX Triumph Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,676
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,311
  • Total Building Area: 1,676
  • Gross Building Area: 3,512
  • Building Area: 1,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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:0228 L:
  • Block: 228
  • Municipality: BEVERLY
  • Latitude: 42.5491
  • Longitude: -70.8986

    Address

  • Full Address: 53 Hillcrest Ave
  • Address - House Number: 53
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4027
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $789,400

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 785,684
  • High Value: 919,411
  • Low Value: 651,956

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,900
  • Assessed Land Value: $385,200
  • Assessed Improvements Value: $317,700

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230524000580
  • Previous Sale Recording Date: Apr 23, 2015
  • Previous Sale Amount: $425,778
  • 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

$459

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3222 ft²

Average Home Age

79.7 years

Currently For Sale

62 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: 5 months ago
Data Source: MLS PIN, MLS# 73098852

Frequently Asked Questions

When was property at 53 Hillcrest Avenue built and last sold?
The property at 53 Hillcrest Avenue was built in 1997 and last sold on May 15, 2023 for $780,000.
How much is this home worth?
The estimated value of the home located at 53 Hillcrest Avenue is $759,988.
What are some comparable homes to 53 Hillcrest Avenue?
There are currently no comparable homes to 53 Hillcrest Avenue.
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