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Beverly 01915
57 Lothrop Street
$920,000
● House - Off Market

57 Lothrop Street

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,048 Ft²
$1,778,611
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

OCEANFRONT.   Outstanding location, extraordinary views, significant architecture.    Exquisite custom millwork, numerous built-in units, magnificent staircase, pocket doors.  Four to five bedrooms, four fireplaces, butlers pantry off formal dining room.   Sunroom, greenhouse, two car garage, rear covered porch. .  Bring your checkbook and your imagination to restore this special home to its original splendor and your personal taste.  Close to downtown restaurants, shops, commuter rail.
Unit Size
4,048 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$242
Property Type
House
Property Taxes
$1,277
HOA Dues
-
Year Built
1899

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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 #71674645)

Price History

Date / Event Date Event Price
Aug 6, 2014 Sold
Premium
Sold
May 3, 2014 Listed by Coldwell Banker Residential Brokerage - Beverly $980,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,428
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,087
  • Total Building Area: 3,944
  • Gross Building Area: 6,991
  • Building Area: 3,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000323
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0005 B:0460 L:
  • Block: 460
  • Municipality: BEVERLY
  • Latitude: 42.544
  • Longitude: -70.8755

    Address

  • Full Address: 57 Lothrop St
  • Address - House Number: 57
  • Address - Street Name: Lothrop
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C003
  • 4-Digit Zip Code: 5809
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,256,400

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 1,634,565
  • High Value: 1,962,891
  • Low Value: 1,306,239

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,009,300
  • Assessed Land Value: $1,407,100
  • Assessed Improvements Value: $602,200

    Sales

  • Current Sale Recording Date: Aug 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80600281
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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2981 ft²

Average Home Age

86.4 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

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# 71674645

Frequently Asked Questions

When was property at 57 Lothrop Street built and last sold?
The property at 57 Lothrop Street was built in 1899 and last sold on Jan 1, 1970 for $920,000.
How much is this home worth?
The estimated value of the home located at 57 Lothrop Street is $1,032,796.
What are some comparable homes to 57 Lothrop Street?
There are currently no comparable homes to 57 Lothrop Street.
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