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Beverly 01915
97 West
$3,800,000
● House - Off Market

97 West

Beverly, MA 01915
bedrooms
7 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
9,582 Ft²
$6,360,975
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Greek Revival oceanfront estate set on West Beach with views to the outer islands and Atlantic. Discover beautiful moldings and paneling, French doors, picture windows, oak floors, and 12 fireplaces. Paneled library, coffered living room and banquet-sized dining room lead to expansive columned porch with a deck above surrounded by beautiful balustrades. Oceanfront sunroom, large front foyer, granite kitchen, pantry, breakfast room, family room, plus two powder rooms complete the first level. Five second level bedroom suites are highlighted by a magnificent master suite with dual baths and dressing rooms. Third level guest/staff quarters. Private sandy beach, minutes to village and commuter rail.
Unit Size
9,582 Ft²
Days on Market
-
Land Size
1.82 acres
Price per sqft
$464
Property Type
House
Property Taxes
$4,312
HOA Dues
-
Year Built
1900

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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 #72055685)

Price History

Date / Event Date Event Price
May 1, 2019 Sold
Premium
Sold
Aug 19, 2016 Listed by Coldwell Banker Residential Brokerage - Manchester $4,450,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Sep 7, 1993 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 8
  • Bathroom Count: 10
  • Full Bathrooms: 8
  • Partial Bathrooms: 10
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 18
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,770
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 79,475
  • Total Building Area: 9,624
  • Gross Building Area: 18,663
  • Building Area: 9,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 9,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001824
  • 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: 217602

Zoning

  • Zoning: R45

Geography

  • Account Number: R45
  • Parcel: BEVE M:0038 B:0050 L:
  • Block: 50
  • Municipality: BEVERLY
  • Latitude: 42.561
  • Longitude: -70.8067

    Address

  • Full Address: 97 West St
  • Address - House Number: 97
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C034
  • 4-Digit Zip Code: 2227
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,431,300
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,726,900
  • Assessed Land Value: $2,600,500
  • Assessed Improvements Value: $3,126,400

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190501004680
  • Previous Sale Recording Date: Sep 07, 1993
  • Previous Sale Amount: $800,000
  • 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:

$749,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2924 ft²

Average Home Age

88.2 years

Currently For Sale

55 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72055685

Frequently Asked Questions

When was property at 97 West Street built and last sold?
The property at 97 West Street was built in 1900 and last sold on Apr 26, 2019 for $3,800,000.
How much is this home worth?
The estimated value of the home located at 97 West Street is $4,494,500.
What are some comparable homes to 97 West Street?
There are currently no comparable homes to 97 West Street.
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