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Beverly 01915
79 Cross Ln
$550,000
● House - Off Market

79 Cross Ln

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,862 Ft²
$805,022
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Looking for an adorable house in the Cove?  Look no further!!  This 4 bedroom 2.5 bath Cape feels like home!  The first floor includes a cozy kitchen with breakfast bar, spacious living room/dining room, 2 good sized bedrooms and full bath.  The second floor offers an additional 2 bedrooms and full bath.  Hardwood floors and plenty of natural light throughout.  Amazing finished basement with half bath, laundry room, and loads of space to play.  Kids and pets will enjoy the incredible fenced in backyard!  Located directly across from the walking trails at Sally Milligan Park and close to schools, downtown, train, and beaches!  Showings begin at open house Saturday, 3/14 from 10-11:30!
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$316
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1958

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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 #72633340)

Price History

Date / Event Date Event Price
Jun 2, 2020 Sold
Premium
Sold
Mar 13, 2020 Listed by J. Barrett & Company $589,000
Listed by J. Barrett & Company
May 21, 2004 Sold
Premium
Sold
Feb 10, 2004 Listed by J. Barrett & Company $499,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,064
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,006
  • Total Building Area: 1,862
  • Gross Building Area: 4,014
  • Building Area: 1,862
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,862
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 217601

Zoning

  • Zoning: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0033 B:0029 L:
  • Block: 29
  • Municipality: BEVERLY
  • Latitude: 42.5594
  • Longitude: -70.8563

    Address

  • Full Address: 79 Cross Ln
  • Address - House Number: 79
  • Address - Street Name: Cross
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 3853
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,700

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 836,862
  • High Value: 979,301
  • Low Value: 694,424

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $686,300
  • Assessed Land Value: $414,200
  • Assessed Improvements Value: $272,100

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200602004460
  • Previous Sale Recording Date: May 21, 2004
  • Previous Sale Amount: $505,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72633340

Frequently Asked Questions

When was property at 79 Cross Lane built and last sold?
The property at 79 Cross Lane was built in 1958 and last sold on May 29, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 79 Cross Lane is $614,628.
What are some comparable homes to 79 Cross Lane?
There are currently no comparable homes to 79 Cross Lane.
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