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Beverly 01915
7 Pickett St
$544,200
● House - Off Market

7 Pickett St

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,238 Ft²
$786,572
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Classic 1907, 8 room, 4 bedroom Colonial located in the Prospect Hill neighborhood of Beverly.  Original period details, a good-morning staircase and a built-in china cabinet in the dining room are just some of the features of this charming home.  The walk up attic is finished and ready to be used as a master bedroom, home office, den or playroom for the kids.
Unit Size
2,238 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$246
Property Type
House
Property Taxes
$534
HOA Dues
-
Year Built
1907

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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 #72577039)

Price History

Date / Event Date Event Price
Jan 3, 2020 Sold
Premium
Sold
Oct 8, 2019 Listed by Keller Williams Realty Evolution $549,900
Listed by Keller Williams Realty Evolution
Sep 17, 1981 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 930
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,734
  • Total Building Area: 2,238
  • Gross Building Area: 4,169
  • Building Area: 2,238
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,238
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEVERLY
  • Land Acres: 0000000155
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0020 B:0437 L:
  • Block: 437
  • Municipality: BEVERLY
  • Latitude: 42.5569
  • Longitude: -70.8772

    Address

  • Full Address: 7 Pickett St
  • Address - House Number: 7
  • Address - Street Name: Pickett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C012
  • 4-Digit Zip Code: 3433
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $752,600

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 838,175
  • High Value: 980,697
  • Low Value: 695,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,200
  • Assessed Land Value: $361,900
  • Assessed Improvements Value: $308,300

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200103001990
  • Previous Sale Recording Date: Sep 17, 1981
  • Previous Sale Amount: $66,500
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72577039

Frequently Asked Questions

When was property at 7 Pickett Street built and last sold?
The property at 7 Pickett Street was built in 1907 and last sold on Jan 3, 2020 for $544,200.
How much is this home worth?
The estimated value of the home located at 7 Pickett Street is $579,851.
What are some comparable homes to 7 Pickett Street?
There are currently no comparable homes to 7 Pickett Street.
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