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Beverly 01915
8 Evergreen Drive
$606,000
● House - Off Market

8 Evergreen Drive

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,118 Ft²
$1,092,791
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Private Beverly Cove location.   Just steps to Lynch Park, Rice's Beach and Cove School. Never drive to the beach again!  This beautiful Dutch Colonial features a large sunny family room with built-ins and access to a secluded brick patio and yard. Custom cherry kitchen and front to back living room with real brick fireplace.  Hardwood floors throughout.  Updated bathrooms.  En suite master bathroom was fully renovated in 2014 with marble vanity, travertine tiled shower and floor with radiant heating.  Fully landscaped yard.  Home is surrounded by privacy hedging.  Ideal locations minutes to commuter rail and Route 128.
Unit Size
2,118 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$283
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1947

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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 #71752010)

Price History

Date / Event Date Event Price
Dec 1, 2014 Sold
Premium
Sold
Oct 1, 2014 Listed by Keller Williams Realty Evolution $599,900
Listed by Keller Williams Realty Evolution
Jul 9, 2007 Sold
Premium
Sold
Mar 6, 2007 Listed by Keller Williams Realty Evolution $599,900
Listed by Keller Williams Realty Evolution
Jun 29, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 884
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 2,118
  • Gross Building Area: 3,641
  • Building Area: 2,118
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,118
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEO J & MARION V OUELLETTE
  • 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:0013 B:0131 L:
  • Block: 131
  • Municipality: BEVERLY
  • Latitude: 42.5494
  • Longitude: -70.86

    Address

  • Full Address: 8 Evergreen Dr
  • Address - House Number: 8
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Beverly
  • Carrier Code: C007
  • 4-Digit Zip Code: 4706
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $995,300

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,044,207
  • High Value: 1,221,790
  • Low Value: 866,625

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $886,300
  • Assessed Land Value: $567,700
  • Assessed Improvements Value: $318,600

    Sales

  • Current Sale Recording Date: Dec 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120100166
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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# 71752010

Frequently Asked Questions

When was property at 8 Evergreen Drive built and last sold?
The property at 8 Evergreen Drive was built in 1947 and last sold on Jan 1, 1970 for $606,000.
How much is this home worth?
The estimated value of the home located at 8 Evergreen Drive is $625,239.
What are some comparable homes to 8 Evergreen Drive?
There are currently no comparable homes to 8 Evergreen Drive.
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