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Beverly 01915
7 Bates Park Ave
Photo of 7 Bates Park Ave
Sold on Jul 7, 2010

1

Map

$250,000
● House - Off Market

7 Bates Park Ave

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,206 Ft²
$525,462
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

Motivated Sellers!  Colonial style home with updated kitchen, large front porch, deck, ample yard, 1 car garage, updated heating system, newer roof, tilt-in replacement windows and more!  Convenient to park and beach; second floor office could be 3rd bedroom; sale includes buyer home warranty.
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$216
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1920

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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: 2 years ago (MLSPIN #71062481)

Price History

Date / Event Date Event Price
Jul 7, 2010 Sold
Premium
Sold
Apr 10, 2010 Listed $259,900
Listed
Oct 31, 2001 Sold
Premium
Sold
Jul 29, 2001 Listed $205,000
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 580
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,798
  • Total Building Area: 1,148
  • Gross Building Area: 2,006
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0009 B:0059 L:
  • Block: 59
  • Municipality: BEVERLY
  • Latitude: 42.5514
  • Longitude: -70.9009

    Address

  • Full Address: 7 Bates Park Ave
  • Address - House Number: 7
  • Address - Street Name: Bates Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4001
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 625,471
  • High Value: 724,267
  • Low Value: 526,675

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,500
  • Assessed Land Value: $327,000
  • Assessed Improvements Value: $185,500

    Sales

  • Current Sale Recording Date: Jul 07, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 510716
  • Previous Sale Recording Date: Oct 31, 2001
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: 48
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

2973 ft²

Average Home Age

88.4 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71062481

Frequently Asked Questions

When was property at 7 Bates Park Avenue built and last sold?
The property at 7 Bates Park Avenue was built in 1920 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 7 Bates Park Avenue is $0.
What are some comparable homes to 7 Bates Park Avenue?
There are currently no comparable homes to 7 Bates Park Avenue.
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