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Beverly 01915
7 Cornell Rd
$339,000
● House - Off Market

7 Cornell Rd

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,056 Ft²
$590,323
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

JUST Listed !! Great neighborhood ! Living is very easy in this 1 level home w/ new high efficiency heating system , new water heater ,recently remodeled eat-in kitchen w/ granite counters and GE stainless appliances,  200 amp electric panel , updated bathroom, newer roof , newer windows, siding , with composite deck overlooking private landscaped yard w/ garage and new garage door opener ! Home warranty included too ! It won't last at this price so come see it at the Open House Sunday 6/7/15 12-2 pm !!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$321
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71850279)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Keller Williams Realty Evolution $339,000
Listed by Keller Williams Realty Evolution
Nov 24, 2008 Sold
Premium
Sold
Sep 18, 2008 Listed by Keller Williams Realty Evolution $289,000
Listed by Keller Williams Realty Evolution
Mar 24, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,426
  • Total Building Area: 1,056
  • Gross Building Area: 1,708
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYMOND FARM BEVERLY
  • Land Acres: 0000000262
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0053 B:0075 L:
  • Block: 75
  • Municipality: BEVERLY
  • Latitude: 42.5727
  • Longitude: -70.8999

    Address

  • Full Address: 7 Cornell Rd
  • Address - House Number: 7
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C017
  • 4-Digit Zip Code: 1668
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,400

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 609,123
  • High Value: 719,150
  • Low Value: 499,096

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,500
  • Assessed Land Value: $377,100
  • Assessed Improvements Value: $166,400

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 559
  • Previous Sale Recording Date: Nov 24, 2008
  • Previous Sale Amount: $275,000
  • 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:

$749,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2981 ft²

Average Home Age

86.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71850279

Frequently Asked Questions

When was property at 7 Cornell Road built and last sold?
The property at 7 Cornell Road was built in 1956 and last sold on Jan 1, 1970 for $339,000.
How much is this home worth?
The estimated value of the home located at 7 Cornell Road is $348,616.
What are some comparable homes to 7 Cornell Road?
There are currently no comparable homes to 7 Cornell Road.
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