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Beverly 01915
98 Bisson
$460,000
● House - Off Market

98 Bisson

Beverly, MA 01915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,636 Ft²
$510,735
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Beverly Cove- In need of updating but so much potential to make this sweet colonial home shine again.  Vintage eat-in kitchen, dining room, living room and 3/4 bath (added in 2009) round out the first level.  Upstairs, 3 bedrooms and claw foot tub bath. Third floor walk up attic has room for expansion, with H/W floors, once used as a 4th bedroom. Outside you will find, two front porches to bring the outside in. Located on a corner lot with detached garage/workshop.   Conveniently located minutes to the Montserrat commuter rail, Lynch Park, beaches, shops, eateries, theaters & schools. home being sold in AS-IS-CONDITION.
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$290
Property Type
House
Property Taxes
$476
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 #73049267)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Oct 26, 2022 In contract -
In contract
Oct 18, 2022 Listed by Churchill Properties $475,000
Listed by Churchill Properties

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 648
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,012
  • Total Building Area: 1,409
  • Gross Building Area: 2,934
  • Building Area: 1,409
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,409
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 217500

Zoning

  • Zoning: R10

Geography

  • Account Number: R10
  • Parcel: BEVE M:0012 B:0195 L:
  • Block: 195
  • Municipality: BEVERLY
  • Latitude: 42.5519
  • Longitude: -70.8652

    Address

  • Full Address: 98 Bisson St
  • Address - House Number: 98
  • Address - Street Name: Bisson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C007
  • 4-Digit Zip Code: 4628
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $516,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 687,461
  • High Value: 796,049
  • Low Value: 578,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,600
  • Assessed Land Value: $338,800
  • Assessed Improvements Value: $120,800

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20221215001190
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

2973 ft²

Average Home Age

88.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73049267

Frequently Asked Questions

When was property at 98 Bisson Street built and last sold?
The property at 98 Bisson Street was built in 1900 and last sold on Dec 15, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 98 Bisson Street is $494,787.
What are some comparable homes to 98 Bisson Street?
There are currently no comparable homes to 98 Bisson Street.
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