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Beverly 01915
9 Bates Park Ave
$299,000
● House - Off Market

9 Bates Park Ave

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$497,919
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Back on Market!   Here is your second chance at "Paradise in Ryalside"!  Don't miss an opportunity to put your finishing touches on this classic cape in need of generational updating.  Excellent potential with a little TLC.  This home offers 3 bedrooms, an expandable second floor room, classic built-ins, vinyl replacement windows and new electric range.  Hardwood floors throughout the first floor.  Ample closet storage and open, unfinished basement and workshop with good ceiling height for future expansion.  A private yard with covered patio, near downtown, commuter rail and O'Bear Park.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$299
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1960

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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 #72002651)

Price History

Date / Event Date Event Price
Dec 16, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by J. Barrett & Company $479,900
Listed by J. Barrett & Company
Sep 16, 2016 Sold
Premium
Sold
May 10, 2016 Listed by J. Barrett & Company $299,000
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,715
  • Total Building Area: 1,000
  • Gross Building Area: 2,520
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 217202

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0009 B:0058 L:
  • Block: 58
  • Municipality: BEVERLY
  • Latitude: 42.5512
  • Longitude: -70.9009

    Address

  • Full Address: 9 Bates Park Ave
  • Address - House Number: 9
  • Address - Street Name: Bates Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Beverly
  • Carrier Code: C024
  • 4-Digit Zip Code: 4001
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $529,500

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 553,751
  • High Value: 650,679
  • Low Value: 456,823

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,500
  • Assessed Land Value: $326,900
  • Assessed Improvements Value: $144,600

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 632207
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: O
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

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# 72002651

Frequently Asked Questions

When was property at 9 Bates Park Avenue built and last sold?
The property at 9 Bates Park Avenue was built in 1960 and last sold on Dec 16, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 9 Bates Park Avenue is $477,793.
What are some comparable homes to 9 Bates Park Avenue?
There are currently no comparable homes to 9 Bates Park Avenue.
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