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Beverly 01915
59 Corning St
$465,000
● House - Off Market

59 Corning St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,432 Ft²
$903,787
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

The pool's open, c'mon over! In the heart of Montserrat / Cove this full Cape has the downstairs flow, upstairs privacy, and indoor/outdoor lifestyle you desire. A wealth of wonderful details with built-ins galore, wood floors, fireplace, open kitchen, deck, and wooded pond. Two finished basement rooms mean even more space to spread out in. And did we mention the location? Out the front door turn right for Lynch Park, left for the train to Boston. Rubber duckie will transfer.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$195
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1950

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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 #71537102)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Jul 26, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Keller Williams Realty Evolution $475,000
Listed by Keller Williams Realty Evolution
Dec 2, 2010 Sold
Premium
Sold
May 17, 2010 Listed by Keller Williams Realty Evolution $449,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,014
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 9,431
  • Total Building Area: 1,832
  • Gross Building Area: 3,530
  • Building Area: 1,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,832
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • 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:0021 B:0109 L:
  • Block: 109
  • Municipality: BEVERLY
  • Latitude: 42.557
  • Longitude: -70.8661

    Address

  • Full Address: 59 Corning St
  • Address - House Number: 59
  • Address - Street Name: Corning
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C037
  • 4-Digit Zip Code: 3713
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $796,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 796,882
  • High Value: 961,694
  • Low Value: 632,071

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $709,200
  • Assessed Land Value: $386,400
  • Assessed Improvements Value: $322,800

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230919001040
  • Previous Sale Recording Date: Jul 26, 2013
  • Previous Sale Amount: $465,000
  • 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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 71537102

Frequently Asked Questions

When was property at 59 Corning Street built and last sold?
The property at 59 Corning Street was built in 1950 and last sold on Sep 18, 2023 for $799,900.
How much is this home worth?
The estimated value of the home located at 59 Corning Street is $511,258.
What are some comparable homes to 59 Corning Street?
There are currently no comparable homes to 59 Corning Street.
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