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Beverly 01915
555 Hale Street
$1,475,000
● House - Off Market

555 Hale Street

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,238 Ft²
$3,076,271
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Ocean views from this uniquely built sunny contemporary home in Prides Crossing surrounded by beautiful stone walls and large pine and deciduous trees. Walk to your private beach. Large living room on top level with ocean views. Family room and dining room with ocean views as well as kitchen, mudroom/pantry, powder room and entry foyer on main level. Three bedrooms including the master suite on the lower level with laundry, 2 baths and utility room. The property also has a  tennis court ,newer guest cottage with an open floor plan, 2 bedrooms, 2 baths. Just a short distance to the commuter rail. A 2 car garage and storage under. This lovely home sits among many of the original properties along The Gold Coast of Massachusetts.
Unit Size
2,238 Ft²
Days on Market
-
Land Size
2.96 acres
Price per sqft
$757
Property Type
House
Property Taxes
$1,440
HOA Dues
-
Year Built
2017

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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 #71633633)

Price History

Date / Event Date Event Price
May 27, 2016 Sold
Premium
Sold
Aug 21, 2014 Sold
Premium
Sold
Feb 14, 2014 Listed by J. Barrett & Company $1,695,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,654
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 129,155
  • Total Building Area: 4,460
  • Gross Building Area: 8,833
  • Building Area: 4,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002965
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Beverly School District
  • School Tax School District: BEVERLY SD
  • Census Tract: 217300

Zoning

  • Zoning: R45

Geography

  • Account Number: R45
  • Parcel: BEVE M:0025 B:0007 L:
  • Block: 7
  • Municipality: BEVERLY
  • Latitude: 42.5555
  • Longitude: -70.83

    Address

  • Full Address: 555 Hale St
  • Address - House Number: 555
  • Address - Street Name: Hale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,161,800

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 1,984,503
  • High Value: 2,358,556
  • Low Value: 1,610,449

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,925,000
  • Assessed Land Value: $777,500
  • Assessed Improvements Value: $1,147,500

    Sales

  • Current Sale Recording Date: May 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 251
  • Previous Sale Recording Date: Aug 21, 2014
  • Previous Sale Amount: $1,475,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71633633

Frequently Asked Questions

When was property at 555 Hale Street built and last sold?
The property at 555 Hale Street was built in 2017 and last sold on Jan 1, 1970 for $1,560,000.
How much is this home worth?
The estimated value of the home located at 555 Hale Street is $1,662,196.
What are some comparable homes to 555 Hale Street?
There are currently no comparable homes to 555 Hale Street.
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