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Beverly 01915
7 County Way
$401,000
● House - Off Market

7 County Way

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,365 Ft²
$547,734
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Move right into this adorable 2+ bedroom ranch with a lower level playroom, laundry area, a second full bath plus an extra room to suit your needs. From the kitchen you access the generous size Trex deck with storage under, which overlooks the large fenced backyard. The windows (except the kitchen) were new 4 yrs ago. The refrigerator and dishwasher were recently replaced.  Updated electrical and lighting. The surprise is central air and a new radon remediation system. It's Ryal Side neighborhood is quiet and convenient to the highway. OH's SAT 1/11 and Sun. 1/12  12-1:30. Offers due by 5 pm 1/13.
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$285
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1956

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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 #72606831)

Price History

Date / Event Date Event Price
Feb 27, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by Coldwell Banker Residential Brokerage - Marblehead $389,000
Listed by Coldwell Banker Residential Brokerage - Marblehead
Dec 22, 2015 Sold
Premium
Sold
Aug 2, 2015 Listed by Coldwell Banker Residential Brokerage - Marblehead $349,900
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jul 29, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,350
  • Total Building Area: 780
  • Gross Building Area: 1,765
  • Building Area: 780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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:0009 B:0081 L:
  • Block: 81
  • Municipality: BEVERLY
  • Latitude: 42.5522
  • Longitude: -70.9003

    Address

  • Full Address: 7 County Way
  • Address - House Number: 7
  • Address - Street Name: County
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2801
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,400

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 559,620
  • High Value: 660,705
  • Low Value: 458,535

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,400
  • Assessed Land Value: $331,500
  • Assessed Improvements Value: $180,900

    Sales

  • Current Sale Contract Date: Feb 25, 2020
  • Current Sale Recording Date: Feb 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200227002890
  • Previous Sale Recording Date: Dec 22, 2015
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

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: 4 months ago
Data Source: MLS PIN, MLS# 72606831

Frequently Asked Questions

When was property at 7 County Way built and last sold?
The property at 7 County Way was built in 1956 and last sold on Feb 25, 2020 for $401,000.
How much is this home worth?
The estimated value of the home located at 7 County Way is $406,161.
What are some comparable homes to 7 County Way?
There are currently no comparable homes to 7 County Way.
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