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Beverly 01915
6 Morgan Rd
$443,000
● House - Off Market

6 Morgan Rd

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,936 Ft²
$647,447
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Location is everything in real estate!! Come and see this oversized colonial located in the Beverly Cove area. Spacious rooms along with flexible floorplan to meet your needs. Deck and fenced rear lot form the up and coming barbeques. Make this house a home with your finishing touches! Information obtained from public record. Buyer to verify all information. See attached documents required for submitting offers. Visit seller's site (see firm remarks),for full details regarding property's availability guidelines. Please call listing agent with questions.First time buyers complete the Homepath Ready buyer Homeownership course on seller's site ( see firm remarks)and Attach certificate to offer and request up to 3% closing costs assistance.
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$214
Property Type
House
Property Taxes
$537
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 #72162803)

Price History

Date / Event Date Event Price
Jul 18, 2017 Sold
Premium
Sold
May 11, 2017 Listed by Tache Real Estate, Inc. $414,900
Listed by Tache Real Estate, Inc.
Apr 14, 2016 Sold
Premium
Sold
Aug 20, 1996 Listed $149,900
Listed
WONDERFUL RANCH IN VERY DESIRABLE BEVERLY COVE FAMILY HARDWOOD FLOORS, NEWER KITCHEN & BATH, FP LR, WALK TO BEACH

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 880
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,830
  • Total Building Area: 1,936
  • Gross Building Area: 2,960
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • 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: 217601

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0022 B:0261 L:
  • Block: 261
  • Municipality: BEVERLY
  • Latitude: 42.553
  • Longitude: -70.8581

    Address

  • Full Address: 6 Morgan Rd
  • Address - House Number: 6
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C007
  • 4-Digit Zip Code: 4708
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $730,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 811,147
  • High Value: 939,271
  • Low Value: 683,023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $650,400
  • Assessed Land Value: $407,300
  • Assessed Improvements Value: $243,100

    Sales

  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 343
  • Previous Sale Recording Date: Apr 14, 2016
  • Previous Sale Amount: $394,900
  • Previous Sale Document Type: 34
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72162803

Frequently Asked Questions

When was property at 6 Morgan Road built and last sold?
The property at 6 Morgan Road was built in 1950 and last sold on Jan 1, 1970 for $443,000.
How much is this home worth?
The estimated value of the home located at 6 Morgan Road is $447,009.
What are some comparable homes to 6 Morgan Road?
There are currently no comparable homes to 6 Morgan Road.
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