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Beverly 01915
8 Hillside Ave
Photo of 8 Hillside Ave
Sold on Sep 5, 2006

1

Map

$419,000
● House - Off Market

8 Hillside Ave

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,055 Ft²
$745,170
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

IMPORTANT! This home was previously listed for $469,000 with another agency. This new price and agency  since 7/5/06. Gambrel Colonial in excellent condition with new roof and fresh exterior paint on a charming cul-de-sac in Ryal Side.  Close to commuting but tucked in an arborial setting that provides privacy and space for family outdoor activities.  The basement is walk-out level with good natural lighting in the family room and the additional room may be used as a fourth bedroom or office.
Unit Size
2,055 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$199
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1984

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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 #70417782)

Price History

Date / Event Date Event Price
Sep 8, 2006 Sold
Premium
Sold
Jul 5, 2006 Listed $409,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,934
  • Total Building Area: 1,647
  • Gross Building Area: 3,844
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • 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: 217201

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0018 B:0186 L:
  • Block: 186
  • Municipality: BEVERLY
  • Latitude: 42.5544
  • Longitude: -70.8988

    Address

  • Full Address: 8 Hillside Ave
  • Address - House Number: 8
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C022
  • 4-Digit Zip Code: 2811
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,000

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 701,572
  • High Value: 820,196
  • Low Value: 582,949

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,900
  • Assessed Land Value: $310,400
  • Assessed Improvements Value: $267,500

    Sales

  • Current Sale Recording Date: Sep 08, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 08, 2006
  • Previous Sale Amount: $419,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

50

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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70417782

Frequently Asked Questions

When was property at 8 Hillside Avenue built and last sold?
The property at 8 Hillside Avenue was built in 1984 and last sold on Jan 1, 1970 for $419,000.
How much is this home worth?
The estimated value of the home located at 8 Hillside Avenue is $440,803.
What are some comparable homes to 8 Hillside Avenue?
There are currently no comparable homes to 8 Hillside Avenue.
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