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Beverly 01915
63 Cross Lane
Photo of 63 Cross Lane
Sold on Oct 28, 2005

1

Map

$650,000
● House - Off Market

63 Cross Lane

Beverly, MA 01915
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,122 Ft²
$1,229,923
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model

About This Property

NEW PRICE! Cove colonial w/lovely terraced yard and large deck. Great flow for entertaining...Formal living & dining rooms plus eat-in-kitchen that opens to large fireplaced family room. Functional kitchen layout with U-shaped granite counters, stainless D/W and JennAir range, terra cotta tile floors. Walk-out bedroom suite on lower level w/full bath. ADT fire & burgl. security system. Minutes to Lynch Park, Beverly Cove Elementary school, 128 and commuter rail.
Unit Size
3,122 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$224
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
1993

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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 #70179220)

Price History

Date / Event Date Event Price
Oct 28, 2005 Sold
Premium
Sold
Apr 25, 2005 Listed $698,000
Listed
Apr 22, 1994 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,372
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,125
  • Total Building Area: 2,436
  • Gross Building Area: 4,336
  • Building Area: 2,436
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRY F VERONICA & EDNA M FOST
  • Land Acres: 0000000255
  • 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:0033 B:0040 L:
  • Block: 40
  • Municipality: BEVERLY
  • Latitude: 42.5584
  • Longitude: -70.8587

    Address

  • Full Address: 63 Cross Ln
  • Address - House Number: 63
  • Address - Street Name: Cross
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 3823
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $983,200

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,058,990
  • High Value: 1,239,086
  • Low Value: 878,893

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $875,500
  • Assessed Land Value: $416,700
  • Assessed Improvements Value: $458,800

    Sales

  • Current Sale Recording Date: Oct 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 22, 1994
  • Previous Sale Amount: $287,900
  • 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

49

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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70179220

Frequently Asked Questions

When was property at 63 Cross Lane built and last sold?
The property at 63 Cross Lane was built in 1993 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 63 Cross Lane is $702,564.
What are some comparable homes to 63 Cross Lane?
There are currently no comparable homes to 63 Cross Lane.
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