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Beverly 01915
7 Galloupe Ave
$250,000
● House - Off Market

7 Galloupe Ave

Beverly, MA 01915
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,102 Ft²
$384,838
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Excellent opportunity in downtown Beverly-Priced below assessed value! This 2 bed, 1.5 bath is located just a 1/2 mile to the Beverly Depot train station and less than a mile to Dane St Beach. This home is quaintly set on the corner of Galloupe and Mechanic street with off street parking for 2+ cars.  Great layout with large kitchen, living room, dining room and half bath on the first floor and bedrooms and full bath on the second.  The rear deck leads to a generously sized in town yard fully fenced.  Rehab needed, sold As-Is.  Showings start 5/23.  Subject to seller securing suitable housing.
Unit Size
1,102 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$263
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1890

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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 #72660074)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by Keller Williams Realty Metropolitan $469,900
Listed by Keller Williams Realty Metropolitan
Aug 7, 2020 Sold
Premium
Sold
May 21, 2020 Listed by Keller Williams Realty Metropolitan $289,900
Listed by Keller Williams Realty Metropolitan
Mar 15, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 16
  • 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: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,339
  • Total Building Area: 1,102
  • Gross Building Area: 2,112
  • Building Area: 1,102
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,102
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000054
  • 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: 217300

Zoning

  • Zoning: RHD

Geography

  • Account Number: RHD
  • Parcel: BEVE M:0020 B:0307 L:
  • Block: 307
  • Municipality: BEVERLY
  • Latitude: 42.5536
  • Longitude: -70.8805

    Address

  • Full Address: 7 Galloupe Ave
  • Address - House Number: 7
  • Address - Street Name: Galloupe
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C002
  • 4-Digit Zip Code: 3310
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,200

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 569,576
  • High Value: 701,489
  • Low Value: 437,662

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $530,000
  • Assessed Land Value: $288,100
  • Assessed Improvements Value: $241,900

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210409004970
  • Previous Sale Recording Date: Aug 07, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $250,000
  • 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

$452

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3016 ft²

Average Home Age

91.2 years

Currently For Sale

57 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# 72660074

Frequently Asked Questions

When was property at 7 Galloupe Avenue built and last sold?
The property at 7 Galloupe Avenue was built in 1890 and last sold on Apr 9, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 7 Galloupe Avenue is $480,077.
What are some comparable homes to 7 Galloupe Avenue?
There are currently no comparable homes to 7 Galloupe Avenue.
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