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Beverly 01915
6 Colonial Rd
$368,000
● House - Off Market

6 Colonial Rd

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,855 Ft²
$691,401
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Wonderful North Beverly multi-level home in well-established neighborhood on a cul de sac.  Gleaming hardwood floors.  Fireplaced living room with built-in shelving. Bright and sunny dining area with sliders leading to a beautiful mahogany deck. Large level fenced yard.  The multi-level home offers great flexibility for use and will accommodate extended family, au-pair, teen suite, home office, etc.  Convenient to schools, restaurants, and shopping.  Commuters will love the easy access to the  highway and commuter rail.
Unit Size
1,855 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$197
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1960

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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 #71576612)

Price History

Date / Event Date Event Price
Dec 7, 2020 Sold
Premium
Sold
Oct 27, 2020 Listed by Fortunato Agency $499,900
Listed by Fortunato Agency
Oct 25, 2013 Sold
Premium
Sold
Aug 31, 2013 Listed by Fortunato Agency $364,500
Listed by Fortunato Agency

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 3
  • Basement Area: 2,120
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,278
  • Total Building Area: 1,060
  • Gross Building Area: 2,492
  • Building Area: 1,060
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,060
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0068 B:0108 L:
  • Block: 108
  • Municipality: BEVERLY
  • Latitude: 42.5769
  • Longitude: -70.8792

    Address

  • Full Address: 6 Colonial Rd
  • Address - House Number: 6
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C014
  • 4-Digit Zip Code: 1816
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $664,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 681,245
  • High Value: 786,424
  • Low Value: 576,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,000
  • Assessed Land Value: $331,200
  • Assessed Improvements Value: $260,800

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201207002620
  • Previous Sale Recording Date: Oct 25, 2013
  • Previous Sale Amount: $368,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71576612

Frequently Asked Questions

When was property at 6 Colonial Road built and last sold?
The property at 6 Colonial Road was built in 1960 and last sold on Dec 2, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 6 Colonial Road is $521,856.
What are some comparable homes to 6 Colonial Road?
There are currently no comparable homes to 6 Colonial Road.
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