For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Beverly 01915
7 Richards Rd.
$490,000
● House - Off Market

7 Richards Rd.

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$764,640
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Desirable North Beverly location presents  a home sweet home!  Bright and sunny living room with fireplace, formal dining room, great flow, updated kitchen opens to beamed cathedral ceiling family room, all freshly painted and the central air conditioning will make for a relaxing summer.    The  oversized deck overlooking large yard with garden areas easily accessible from the family room.   First floor ample sized bedroom with closet could easily be an office. Dormered second floor affords 3 additional bedrooms with full bath, including  master bedroom with sitting area enhanced by  rustic pine floors.  This lovely home is set back from the street and offers privacy not typically found in this neighborhood.  Full basement with bulkhead access.  Showings start at Open House 6/4 1-3PM
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$314
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1982

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72175173)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
Jun 2, 2017 Listed by Keller Williams Realty Evolution $490,000
Listed by Keller Williams Realty Evolution
Jun 17, 2005 Sold
Premium
Sold
Apr 12, 2005 Listed by Keller Williams Realty Evolution $449,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,914
  • Total Building Area: 1,572
  • Gross Building Area: 2,948
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000434
  • 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: 217101

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0081 B:081B L:
  • Block: 81B
  • Municipality: BEVERLY
  • Latitude: 42.5842
  • Longitude: -70.8807

    Address

  • Full Address: 7 Richards Rd
  • Address - House Number: 7
  • Address - Street Name: Richards
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Beverly
  • Carrier Code: C020
  • 4-Digit Zip Code: 1230
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 751,154
  • High Value: 878,576
  • Low Value: 623,732

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $654,100
  • Assessed Land Value: $391,900
  • Assessed Improvements Value: $262,200

    Sales

  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 584293
  • Previous Sale Recording Date: Jun 17, 2005
  • Previous Sale Amount: $448,250
  • Previous Sale Document Type: 48
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

2973 ft²

Average Home Age

88.4 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# 72175173

Frequently Asked Questions

When was property at 7 Richards Road built and last sold?
The property at 7 Richards Road was built in 1982 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 7 Richards Road is $507,170.
What are some comparable homes to 7 Richards Road?
There are currently no comparable homes to 7 Richards Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Beverly Homes for Sale
Beverly Houses for Sale
Beverly Condos for Sale
Beverly Co-Ops for Sale
Beverly Multifamily for Sale
Beverly Land for Sale
Beverly Commercial for Sale
Beverly Homes with Basements
Nearby Cities
Lynn Homes for Sale
Salem Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Gloucester Homes for Sale
Melrose Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Strafford County, NH Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Peabody Town Center Real Estate
Glenwood Real Estate
Salem Neck Real Estate
Cliftondale Real Estate
Melrose East Side Real Estate
North Medford Real Estate
Nearby Counties
Lynn Homes for Sale
Salem Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
North Andover Homes for Sale
Gloucester Homes for Sale
Top Real Estate Agents
Top Agents in Beverly
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970
Top Agents in Medford
Top Agents in Medford