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Beverly 01915
59 Amherst Rd
$600,000
● House - Off Market

59 Amherst Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,452 Ft²
$557,364
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Move right in!!  Tastefully renovated single-family ranch in the Raymond Farms neighborhood.  Freshly painted, new high-quality wood laminated flooring throughout. Recently installed fence enclosing the large backyard for privacy.  Brand new Mitsubishi mini split's in all main rooms for comfort along with ceiling fans and recessed lighting.  3 bedrooms, with an open concept kitchen living, dining room with fireplace, family room, 1 1/2 bath, and a bonus sunroom to hang out in on those summer nights.  Close to major highways, Beverly Golf and Tennis, Henry's Market, and shopping. OPEN HOUSES  Saturday 11-1, Sunday 12-2
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$379
Property Type
House
Property Taxes
$456
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 #72959271)

Price History

Date / Event Date Event Price
May 10, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by Keller Williams Realty Evolution $550,000
Listed by Keller Williams Realty Evolution
Mar 5, 2021 Sold
Premium
Sold
Feb 3, 2021 Listed by Keller Williams Realty Evolution $399,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
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: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,285
  • Total Building Area: 1,620
  • Gross Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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:0021 L:
  • Block: 21
  • Municipality: BEVERLY
  • Latitude: 42.5716
  • Longitude: -70.9038

    Address

  • Full Address: 59 Amherst Rd
  • Address - House Number: 59
  • 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: $630,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 641,846
  • High Value: 754,194
  • Low Value: 529,498

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,300
  • Assessed Land Value: $374,900
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220510001180
  • Previous Sale Recording Date: Mar 05, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72959271

Frequently Asked Questions

When was property at 59 Amherst Road built and last sold?
The property at 59 Amherst Road was built in 1957 and last sold on May 10, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 59 Amherst Road is $561,350.
What are some comparable homes to 59 Amherst Road?
There are currently no comparable homes to 59 Amherst Road.
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