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Beverly 01915
7 Cobbler's Lane
$417,500
● House - Off Market

7 Cobbler's Lane

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,052 Ft²
$821,554
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

*****OPEN HOUSE THIS SUNDAY, SEPTEMBER 7TH from 12:30-2:PM**** "LOCATION SWEET LOCATION" A great opportunity to bring your vision and creativity to this QUALITY, 4 bedroom home, located on a quiet cul-de-sac in the heart of desirable Centerville! This solid well-cared for home offers a spacious, warm and inviting layout "ideal for family living!" This home is 10 minutes from everything you'd need here on the North Shore. The screened in porch overlooks conservation land, adding beauty and privacy! Come make this comfortable, quality home with its pristine yard full of mature plantings "your own."  Situated in the most friendliest of neighborhoods; this is your "HOME SWEETEST HOME!"  Come SEE how you can make it "YOUR OWN!" Come HOME to Centerville!
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$219
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1981

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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 #71690207)

Price History

Date / Event Date Event Price
Nov 14, 2014 Sold
Premium
Sold
May 30, 2014 Listed by Harborside Sotheby's International Realty $449,000
Listed by Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 988
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,056
  • Total Building Area: 2,052
  • Gross Building Area: 3,960
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000415
  • 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: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0072 B:0122 L:
  • Block: 122
  • Municipality: BEVERLY
  • Latitude: 42.5772
  • Longitude: -70.8376

    Address

  • Full Address: 7 Cobblers Ln
  • Address - House Number: 7
  • Address - Street Name: Cobblers
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C036
  • 4-Digit Zip Code: 1301
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $739,000

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 802,357
  • High Value: 938,922
  • Low Value: 665,791

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $658,100
  • Assessed Land Value: $328,000
  • Assessed Improvements Value: $330,100

    Sales

  • Current Sale Recording Date: Nov 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111400539
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: 4 months ago
Data Source: MLS PIN, MLS# 71690207

Frequently Asked Questions

When was property at 7 Cobblers Lane built and last sold?
The property at 7 Cobblers Lane was built in 1981 and last sold on Jan 1, 1970 for $417,500.
How much is this home worth?
The estimated value of the home located at 7 Cobblers Lane is $478,587.
What are some comparable homes to 7 Cobblers Lane?
There are currently no comparable homes to 7 Cobblers Lane.
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