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Beverly 01915
6 Mechanic St
$354,500
● House - Off Market

6 Mechanic St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,028 Ft²
$499,610
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Great location and value! Single family in Beverly for under $350,000!!! Adorable 3 bedroom, 1.5 bath in downtown Beverly . Open concept living on the main floor: living room, dining room and kitchen, complete with half bath and laundry. Bedrooms and full bath upstairs including a walk-in closet in the master. A back deck and fenced in level yard complete this lovely home. Don't miss this opportunity, ideal for commuters, couples and families alike. Move in and enjoy ALL that downtown Beverly has to offer. Commuter Open House Wednesday 6/27 6-7:30pm and Open House Saturday 6/30 from 11-12:30. Subject to sellers finding suitable housing. Offers, if any, are due by 5pm Monday July 2 with response by 5pm Tuesday July 3.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$328
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1901

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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 #72352934)

Price History

Date / Event Date Event Price
Aug 24, 2018 Sold
Premium
Sold
Jun 26, 2018 Listed by Keller Williams Realty Evolution $337,500
Listed by Keller Williams Realty Evolution
Sep 27, 2007 Sold
Premium
Sold
Aug 7, 2007 Listed by Keller Williams Realty Evolution $279,900
Listed by Keller Williams Realty Evolution
Jun 26, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 572
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,169
  • Total Building Area: 1,028
  • Gross Building Area: 1,963
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000050
  • 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: RHD

Geography

  • Account Number: RHD
  • Parcel: BEVE M:0011 B:0058 L:
  • Block: 58
  • Municipality: BEVERLY
  • Latitude: 42.5525
  • Longitude: -70.8808

    Address

  • Full Address: 6 Mechanic St
  • Address - House Number: 6
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C002
  • 4-Digit Zip Code: 3314
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 546,811
  • High Value: 632,701
  • Low Value: 460,921

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,500
  • Assessed Land Value: $260,500
  • Assessed Improvements Value: $198,000

    Sales

  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180824002680
  • Previous Sale Recording Date: Sep 27, 2007
  • Previous Sale Amount: $272,000
  • 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

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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# 72352934

Frequently Asked Questions

When was property at 6 Mechanic Street built and last sold?
The property at 6 Mechanic Street was built in 1901 and last sold on Jan 1, 1970 for $354,500.
How much is this home worth?
The estimated value of the home located at 6 Mechanic Street is $345,852.
What are some comparable homes to 6 Mechanic Street?
There are currently no comparable homes to 6 Mechanic Street.
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