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Beverly 01915
65 Corning St
$371,050
● House - Off Market

65 Corning St

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,408 Ft²
$520,569
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

RARE OPPORTUNITY to own in Beverly's desirable Cove neighborhood for 350k! Bring your ideas and your contractor to turn this spacious cape into your dream home. The kitchen is a literal blank canvas, waiting for your personal flair. First floor features large living room with fireplace, dining room, kitchen, sun room, two spacious bedrooms and a full bathroom. Second floor hosts two more generously sized bedrooms with extra storage space. Huge basement for storage or finish for additional living space. Attached 1 car garage, workroom/storage area, screened in porch, and fenced in yard all make this a property you do not want to miss! ***Offers due Tuesday 10/16 at 3pm for Seller review. Seller to respond by Wed at 3pm *** Don't miss out - book your private showing today!
Unit Size
2,408 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$145
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1954

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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 #72408278)

Price History

Date / Event Date Event Price
Apr 29, 2019 Sold
Premium
Sold
Nov 30, 2018 Sold
Premium
Sold
Oct 10, 2018 Listed by Keller Williams Realty Evolution $350,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,120
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,446
  • Total Building Area: 1,680
  • Gross Building Area: 4,154
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:0098 L:
  • Block: 98
  • Municipality: BEVERLY
  • Latitude: 42.5566
  • Longitude: -70.8656

    Address

  • Full Address: 65 Corning St
  • Address - House Number: 65
  • Address - Street Name: Corning
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C037
  • 4-Digit Zip Code: 3713
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $805,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 830,963
  • High Value: 970,843
  • Low Value: 691,084

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $717,400
  • Assessed Land Value: $388,500
  • Assessed Improvements Value: $328,900

    Sales

  • Current Sale Contract Date: Apr 03, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20190429005670
  • Previous Sale Recording Date: Nov 30, 2018
  • Previous Sale Amount: $371,050
  • Previous Sale Document Type: O
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

$455

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3076 ft²

Average Home Age

85 years

Currently For Sale

63 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: 5 months ago
Data Source: MLS PIN, MLS# 72408278

Frequently Asked Questions

When was property at 65 Corning Street built and last sold?
The property at 65 Corning Street was built in 1954 and last sold on Apr 3, 2019 for $610,000.
How much is this home worth?
The estimated value of the home located at 65 Corning Street is $393,420.
What are some comparable homes to 65 Corning Street?
There are currently no comparable homes to 65 Corning Street.
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