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Beverly 01915
6 Dearborn Ave
$480,000
● House - Off Market

6 Dearborn Ave

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,579 Ft²
$478,031
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Don't miss this fantastic value!  Bright hallway with hardwood floor and lovely staircase welcomes you.  Minutes to train, beaches, downtown and highway.  One of the four bedrooms is located on the first floor.  First floor bath has tub & shower.  2nd floor bath has shower.   Ready to move in and update as you please.  Pull down attic and unfinished basement offer plenty of storage.  Spacious garage and long driveway for multiple cars.  Large level yard is waiting to be landscaped.  It is time for a new family to love this home and make memories.
Unit Size
1,579 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$285
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1910

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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 #73026557)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Aug 17, 2022 Listed by Fortunato Agency $449,900
Listed by Fortunato Agency
Mar 12, 1984 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 955
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 1,579
  • Gross Building Area: 2,924
  • Building Area: 1,579
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,579
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 217300

Zoning

  • Zoning: RMD

Geography

  • Account Number: RMD
  • Parcel: BEVE M:0031 B:0024 L:
  • Block: 24
  • Municipality: BEVERLY
  • Latitude: 42.5602
  • Longitude: -70.8771

    Address

  • Full Address: 6 Dearborn Ave
  • Address - House Number: 6
  • Address - Street Name: Dearborn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C048
  • 4-Digit Zip Code: 3408
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $519,800

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 611,635
  • High Value: 722,116
  • Low Value: 501,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,900
  • Assessed Land Value: $292,900
  • Assessed Improvements Value: $170,000

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221027000390
  • Previous Sale Recording Date: Mar 12, 1984
  • Previous Sale Amount: $77,500
  • Previous Sale Document Type: 27
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

50

Average Home Size

3048 ft²

Average Home Age

86.7 years

Currently For Sale

56 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# 73026557

Frequently Asked Questions

When was property at 6 Dearborn Avenue built and last sold?
The property at 6 Dearborn Avenue was built in 1910 and last sold on Oct 27, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 6 Dearborn Avenue is $471,945.
What are some comparable homes to 6 Dearborn Avenue?
There are currently no comparable homes to 6 Dearborn Avenue.
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