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Beverly 01915
8 Kinsman St
Photo of 8 Kinsman St
Sold on Mar 30, 2007

1

Map

$409,500
● House - Off Market

8 Kinsman St

Beverly, MA 01915
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,790 Ft²
$792,778
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

PRICED $49K BELOW ASSESSED VALUE! Looking for a home that is already set up with an IN-LAW apartment? Have a need for a large HOME OFFICE? Then this is it! This home was built in 1992 specifically for 2 extended families to live together yet seperately. In-law has 2 bedrooms, living room, a full bath, and a seperate entrance without stairs. A rare property in a terrific North Beverly neighborhood. At end of a cul-de-sac within walking distance to elementary school, commuter rail, and shopping.
Unit Size
2,790 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$151
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1992

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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 #70454413)

Price History

Date / Event Date Event Price
Mar 30, 2007 Sold
Premium
Sold
Sep 8, 2006 Listed $420,000
Listed
Mar 23, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 1,560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,155
  • Total Building Area: 1,620
  • Gross Building Area: 3,859
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHILLIP K MENICI & CARL W MENI
  • Land Acres: 0000000348
  • 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:0068 B:0033 L:
  • Block: 33
  • Municipality: BEVERLY
  • Latitude: 42.5787
  • Longitude: -70.8843

    Address

  • Full Address: 8 Kinsman St
  • Address - House Number: 8
  • Address - Street Name: Kinsman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C020
  • 4-Digit Zip Code: 1819
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $745,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 735,456
  • High Value: 854,938
  • Low Value: 615,975

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,200
  • Assessed Land Value: $346,000
  • Assessed Improvements Value: $318,200

    Sales

  • Current Sale Recording Date: Mar 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 23, 1992
  • Previous Sale Amount: $70,000
  • 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

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# 70454413

Frequently Asked Questions

When was property at 8 Kinsman Street built and last sold?
The property at 8 Kinsman Street was built in 1992 and last sold on Jan 1, 1970 for $409,500.
How much is this home worth?
The estimated value of the home located at 8 Kinsman Street is $423,851.
What are some comparable homes to 8 Kinsman Street?
There are currently no comparable homes to 8 Kinsman Street.
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