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Beverly 01915
9 Mechanic St
$276,500
● House - Off Market

9 Mechanic St

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,099 Ft²
$492,092
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

REDUCED TO $279,900!!! Charming Colonial centrally located steps to downtown, 1/2 mile to train and a mile to the beach.  This home features a new kitchen with granite counters and new cabinets, built in hutch as well as wood flooring. It features 3 bedrooms, an office, playroom, living room and central air. Exterior has been freshly painted and home offers newer windows. Enjoy your Spring, Summer and Fall evenings relaxing on your farmers porch or in your 2 year old screened in gazebo with beautiful decking. The fenced in yard is fabulous for your children to enjoy. Play room has electric heat. Off street parking can accommodate 1 or 2 cars depending on the size. Enjoy all of the convenience of the fabulous eateries and business district of downtown but yet still enjoy your privacy.
Unit Size
1,099 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$255
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1850

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71902721)

Price History

Date / Event Date Event Price
Dec 3, 2015 Sold
Premium
Sold
Sep 10, 2015 Listed by Century 21 North Shore $279,900
Listed by Century 21 North Shore
Jun 4, 2008 Sold
Premium
Sold
Oct 1, 2007 Listed by Century 21 North Shore $255,000
Listed by Century 21 North Shore
Jun 27, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • 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: 16
  • 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: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,352
  • Total Building Area: 810
  • Gross Building Area: 2,018
  • Building Area: 810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 810
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: RHD

Geography

  • Account Number: RHD
  • Parcel: BEVE M:0011 B:0359 L:
  • Block: 359
  • Municipality: BEVERLY
  • Latitude: 42.5526
  • Longitude: -70.8805

    Address

  • Full Address: 9 Mechanic St
  • Address - House Number: 9
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C002
  • 4-Digit Zip Code: 3313
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $490,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 60
  • Final Value: 515,788
  • High Value: 659,059
  • Low Value: 372,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $436,600
  • Assessed Land Value: $291,300
  • Assessed Improvements Value: $145,300

    Sales

  • Current Sale Recording Date: Dec 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 162
  • Previous Sale Recording Date: Jun 04, 2008
  • Previous Sale Amount: $236,000
  • 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:

$749,450

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# 71902721

Frequently Asked Questions

When was property at 9 Mechanic Street built and last sold?
The property at 9 Mechanic Street was built in 1850 and last sold on Jan 1, 1970 for $276,500.
How much is this home worth?
The estimated value of the home located at 9 Mechanic Street is $296,558.
What are some comparable homes to 9 Mechanic Street?
There are currently no comparable homes to 9 Mechanic Street.
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