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Beverly 01915
8 Driscoll Ln
$460,000
● House - Off Market

8 Driscoll Ln

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,076 Ft²
$874,225
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

**Multiple Offer Notification**~ Highest and Best due by  Monday 7/22 at 6Pm~ Don't Miss Out on this Totally Remodeled 9 room 4 BR/2 bath Gem! Over 2,000 Sq Ft of Living Area. Enjoy the Level Half Acre Lot that is nestled back away from the road in a Private Setting. Open Floor Plan! Granite, Stainless, Hardwood & More! First Level has In Law, Au Pair potential includes bath & bedroom, with separate entrance. Everything has been done! Just what you have been waiting for!
Unit Size
2,076 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$222
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1983

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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 #71556595)

Price History

Date / Event Date Event Price
Sep 12, 2013 Sold
Premium
Sold
Jul 17, 2013 Listed by Keller Williams Realty Evolution $459,900
Listed by Keller Williams Realty Evolution
May 29, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,152
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,626
  • Total Building Area: 1,236
  • Gross Building Area: 2,680
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000474
  • 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: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0086 B:0090 L:
  • Block: 90
  • Municipality: BEVERLY
  • Latitude: 42.5823
  • Longitude: -70.8332

    Address

  • Full Address: 8 Driscoll Ln
  • Address - House Number: 8
  • Address - Street Name: Driscoll
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Beverly
  • Carrier Code: C036
  • 4-Digit Zip Code: 1471
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $760,900

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 774,608
  • High Value: 906,321
  • Low Value: 642,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $677,600
  • Assessed Land Value: $350,700
  • Assessed Improvements Value: $326,900

    Sales

  • Current Sale Recording Date: Sep 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 170
  • Previous Sale Recording Date: May 29, 2009
  • Previous Sale Amount: $380,000
  • 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

2981 ft²

Average Home Age

86.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71556595

Frequently Asked Questions

When was property at 8 Driscoll Lane built and last sold?
The property at 8 Driscoll Lane was built in 1983 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 8 Driscoll Lane is $491,104.
What are some comparable homes to 8 Driscoll Lane?
There are currently no comparable homes to 8 Driscoll Lane.
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