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Beverly 01915
8 New Balch St
$305,000
● House - Off Market

8 New Balch St

Beverly, MA 01915
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$544,473
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

This six room cape offers a eat in kitchen, spacious fireplaced living room with gleaming hardwood floors two bedrooms a full bath one level one. There are two more bedrooms and a 3/4 bath on level two. You'll enjoy the three season sun room that overlooks a private backyard.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$164
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1953

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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: 5 months ago (MLSPIN #71681921)

Price History

Date / Event Date Event Price
Aug 18, 2014 Sold
Premium
Sold
May 15, 2014 Listed by RE/MAX Advantage Real Estate $300,000
Listed by RE/MAX Advantage Real Estate
Sep 19, 2008 Sold
Premium
Sold
Jun 17, 2008 Listed by RE/MAX Advantage Real Estate $289,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,828
  • Total Building Area: 1,596
  • Gross Building Area: 2,911
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 217300

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0041 B:0101 L:
  • Block: 101
  • Municipality: BEVERLY
  • Latitude: 42.565
  • Longitude: -70.8918

    Address

  • Full Address: 8 New Balch St
  • Address - House Number: 8
  • Address - Street Name: New Balch
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C041
  • 4-Digit Zip Code: 2532
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $608,700

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 631,473
  • High Value: 737,431
  • Low Value: 525,515

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,000
  • Assessed Land Value: $328,700
  • Assessed Improvements Value: $213,300

    Sales

  • Current Sale Recording Date: Aug 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81800248
  • Previous Sale Recording Date: Sep 19, 2008
  • Previous Sale Amount: $272,500
  • 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

$455

Below Asking

0.01%

Average Days on Market

51

Average Home Size

3148 ft²

Average Home Age

84.6 years

Currently For Sale

61 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: 5 months ago
Data Source: MLS PIN, MLS# 71681921

Frequently Asked Questions

When was property at 8 New Balch Street built and last sold?
The property at 8 New Balch Street was built in 1953 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 8 New Balch Street is $332,081.
What are some comparable homes to 8 New Balch Street?
There are currently no comparable homes to 8 New Balch Street.
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