$301,000
●
Condo -
Off Market
9 Lothrop St #2
Beverly, MA 01915
2 Beds
1 Bath
793 Ft²
$384,844
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model
About This Property
Absolutely adorable 2 bedroom, 1 bath condo with beautiful Ocean
views overlooking the Jubilee Yacht Club! The location is
unbeatable as it's within walking distance to Dane St beach,
Independence Park, all the amazing restaurants and shops on Cabot
St, and the Commuter Rail! One of only 2 units in the building,
this condo is on the top floor and offers spectacular views from
both the kitchen and living room. Enjoy morning coffee and
summer evenings on your exclusive deck located directly off the
living room which has a vaulted ceiling and skylight for awesome
natural light! Both bedrooms are spacious and have great closet
space. The kitchen could definitely use updating as well as
the bath but both are good condition and ready to get upgraded at
your convenience. The condo is priced according and a fabulous deal
for it's location and AMAZING VIEWS! Condo fee is only $110 per
month! First showing at open house, Tuesday 7/2 from 4:30-6:00pm.
Unit Size
793 Ft²
Days on Market
-
Land Size
-
Price per sqft
$339
Property Type
Condo
Property Taxes
$194
HOA Dues
$110
Year Built
-
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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 years ago (MLSPIN #72528094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2019 | Sold | ||
| Sold | |||
| Jul 1, 2019 | Listed by Return Realty Group, Inc. | $269,000 | |
| Listed by Return Realty Group, Inc. | |||
| May 22, 2012 | Sold | ||
| Sold | |||
| Nov 28, 2011 | Listed by Indeck Real Estate | $162,000 | |
| Listed by Indeck Real Estate | |||
| | |||
|
Seaside location with views of harbor............watch the sun rise over the sea from your kitchen table,livingroom or open deck. Steps to historic oceanside park overlooking beach and active harbor area. Walk to marina, commuter rail, and downtown shops, cafes and restaurants! Unit is on upper level of two level building.
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Breakfast Bar / Nook, Lighting - Overhead
Level: First
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Features: Bathroom - Full, Closet - Linen
Level: First
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Hardwood, Flooring - Wood, Balcony / Deck, Deck - Exterior, Exterior Access
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Tank Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Carpet
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
PropertySubType: Condominium
Building Name: 9 Lothrop Street Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R10
Parcel Number: 4179579
Water Source: Public
Financial Details
Tax Assessed Value: $176,600
Tax Annual Amount: $2,333
Utilities Details
Utilities: for Electric Range, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Central, Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $110
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Marina, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/01/2019
|
2 Bed
|
1 Bath
|
793 ft²
|
$269,000
2 Bed
1 Bath
793 ft²
|
$301,000
+11.90%
08/02/2019
|
Lillian LoGrasso
J. Barrett & Company
| |
|
11/28/2011
|
2 Bed
|
1 Bath
|
793 ft²
|
$162,000
2 Bed
1 Bath
793 ft²
|
$163,000
+0.62%
05/22/2012
|
Alan Indeck
Indeck Real Estate
| |
|
05/02/2000
|
2 Bed
|
2 Bath
|
1164 ft²
|
$159,000
2 Bed
2 Bath
1164 ft²
|
$159,500
+0.31%
06/30/2000
|
John Farrell
Coldwell Banker Realty - Beverly
| |
|
04/12/1995
|
2 Bed
|
2 Bath
|
1164 ft²
|
$99,000
2 Bed
2 Bath
1164 ft²
|
$97,000
-2.02%
09/14/1995
|
Suzanne Kinzie
Carlson GMAC Real Estate
|
Building Info
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