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Beverly 01915
62 Bisson St
$290,000
● House - Off Market

62 Bisson St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,277 Ft²
$463,859
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Plenty of opportunity and options to maximize the lot and location by making this home your own. Build some sweat equity or turn this into a great investment. Large lot with fenced in back yard and room to grow! Newer front addition adds a 1st floor bedroom option along with additional space. House needs some renovations and love but it has the space to accommodate any potential ongoing renovations. Quiet neighborhood in an ideal location close to walking trails, parks, local beaches, commuter rail and vibrant downtown. Don't miss out!
Unit Size
1,277 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$251
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1922

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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: 5 months ago (MLSPIN #72440476)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
Jan 14, 2019 Listed by Bentley's $320,000
Listed by Bentley's
Jan 11, 1991 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,277
  • Gross Building Area: 2,096
  • Building Area: 1,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 7
  • Heated Square Feet: 1,277
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0021 B:0183 L:
  • Block: 183
  • Municipality: BEVERLY
  • Latitude: 42.5527
  • Longitude: -70.8682

    Address

  • Full Address: 62 Bisson St
  • Address - House Number: 62
  • Address - Street Name: Bisson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C005
  • 4-Digit Zip Code: 4645
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,900

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 593,466
  • High Value: 703,990
  • Low Value: 482,943

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,500
  • Assessed Land Value: $379,400
  • Assessed Improvements Value: $144,100

    Sales

  • Current Sale Contract Date: Mar 13, 2019
  • Current Sale Recording Date: Mar 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190314001800
  • Previous Sale Recording Date: Jan 11, 1991
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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

$458

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3298 ft²

Average Home Age

76.6 years

Currently For Sale

58 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: 5 months ago
Data Source: MLS PIN, MLS# 72440476

Frequently Asked Questions

When was property at 62 Bisson Street built and last sold?
The property at 62 Bisson Street was built in 1922 and last sold on Mar 13, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 62 Bisson Street is $334,491.
What are some comparable homes to 62 Bisson Street?
There are currently no comparable homes to 62 Bisson Street.
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