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Beverly 01915
9 Cole St
$449,000
● House - Off Market

9 Cole St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$786,493
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

This house is not to be missed!  Completely taken down to the studs in 2007, this home features beautiful upgrades including cherry kitchen with granite counters and stainless appliances, 3 bedrooms, 2 fully remodeled bathrooms, central AC, a 30' mahogany deck overlooking the backyard terraced gardens with hydrangeas, roses, blueberries, and evergreens.  The incredible stonework throughout the exterior of the home will make you feel like you are in a resort!  Entertain on the bluestone patio on the upper level with a built in grill and sink (both hot and cold water) or relax by the outdoor built in gas fireplace on the lower level.  The lush backyard abuts conservation land (great for bird watching!).
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$314
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1944

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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 #71909688)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Nov 16, 2015 Sold
Premium
Sold
Sep 24, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $449,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Sep 26, 2011 Sold
Premium
Sold
May 23, 2011 Listed by Coldwell Banker Residential Brokerage - Gloucester $425,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 810
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,878
  • Total Building Area: 1,428
  • Gross Building Area: 3,650
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000204
  • 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: 217601

Zoning

  • Zoning: R15

Geography

  • Account Number: R15
  • Parcel: BEVE M:0045 B:0022 L:
  • Block: 22
  • Municipality: BEVERLY
  • Latitude: 42.5672
  • Longitude: -70.8594

    Address

  • Full Address: 9 Cole St
  • Address - House Number: 9
  • Address - Street Name: Cole
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 1953
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,500

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 682,410
  • High Value: 823,798
  • Low Value: 541,022

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,500
  • Assessed Land Value: $329,800
  • Assessed Improvements Value: $263,700

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210924003830
  • Previous Sale Recording Date: Nov 16, 2015
  • Previous Sale Amount: $449,000
  • 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:

$749,000

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71909688

Frequently Asked Questions

When was property at 9 Cole Street built and last sold?
The property at 9 Cole Street was built in 1944 and last sold on Sep 24, 2021 for $590,000.
How much is this home worth?
The estimated value of the home located at 9 Cole Street is $459,458.
What are some comparable homes to 9 Cole Street?
There are currently no comparable homes to 9 Cole Street.
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