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Beverly 01915
60 Amherst Rd
$575,000
● House - Off Market

60 Amherst Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,844 Ft²
$568,274
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

What an amazing opportunity! Only one owner of this well-maintained oversized ranch. Build sweat equity in updating this very spacious three-bedroom 2 bath ranch in a great North Beverly location. Not one but two three-season rooms. Family room, living room, and a two-car garage. The master bedroom has been expanded and has a sliding door out to a tiled three-season room. The master bath has a " handicapped equipped " roll in" shower. The backyard is fenced with a newer shed for additional storage. The roof is 12 years old, newer furnace and hot water heater, and the home is nicely landscaped. Close to " Henry's", The Wholefoods Market Plaza, the Commuter Rail, beaches, and downtown Beverly. What is not to love about this offering.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$271
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 years ago (MLSPIN #72864432)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by Lux Realty North Shore $499,900
Listed by Lux Realty North Shore

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,844
  • Gross Building Area: 3,004
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0052 B:0028 L:
  • Block: 28
  • Municipality: BEVERLY
  • Latitude: 42.5704
  • Longitude: -70.9029

    Address

  • Full Address: 60 Amherst Rd
  • Address - House Number: 60
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 5633
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,500

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 670,264
  • High Value: 787,586
  • Low Value: 552,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,500
  • Assessed Land Value: $375,900
  • Assessed Improvements Value: $217,600

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210827004220
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72864432

Frequently Asked Questions

When was property at 60 Amherst Road built and last sold?
The property at 60 Amherst Road was built in 1956 and last sold on Aug 27, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 60 Amherst Road is $529,074.
What are some comparable homes to 60 Amherst Road?
There are currently no comparable homes to 60 Amherst Road.
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