NOT LISTED FOR SALE

103 Cabot St Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $1,304,150

6 Beds
5 Baths
3,908 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,100,000 $281 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,835/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Laundry Room
  • 0.24 Acre Lot
  • Jogging Path
  • 3-minute walk to Ahearn Park

About This Home

As of October 2022

Ideal Beverly Location just minutes to waterfront, shops, restaurants & commuter rail for this 4-family property. Located in CC zoning this property has many options for investors. All TAW with separate gas heat and electric paid by tenants. Additional income possible from storage/parking options. 4 gas boilers, 5 Sep. circuit panels, coin- op in basement. 8 plus car parking & large outbuilding add to the possibilities. All info from 3rd parties and buyer should verify. First showings Thursday by appointment only.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 08/16/2022

Last Buyer's Agent

Justin Repp

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,695

Year Built

  • Built in 1900

Lot Details

  • 10,330 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,908 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,425
  • Assessor Parcel Number m0005 b. 0288,4180573

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Jogging Path

Building Details

  • Net Operating Income $62,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,695

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 8

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full
  • Living Area: 3908
  • Stories Total: 8
  • MAIN LO: AN6507
  • LIST PRICE PER Sq Ft: 255.89
  • PRICE PER Sq Ft: 281.47
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: m0005 b. 0288,4180573
  • Zoning: CC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10330
  • Lot Size Units: Acres
  • PAGE: 207
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8695.47
  • Tax Book Number: 12701

Multi Family

  • Gross Income: 62100
  • Net Operating Income: 62100
  • Number Of Units Total: 4
  • Total Actual Rent: 5425
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 1994
Sold by
Baginski Michael L and Roberts Suzanne
Bought by
Pieroni Robert M
Current Estimated Value
$1,304,150
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pieroni Robert M $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pieroni Robert M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $1,100,000 +10.0% $281 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $1,000,000 -- $256 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,963 $1,215,300 $940,800 $274,500
2024 $10,963 $976,200 $300,700 $675,500
Source: Public Records

Agents Affiliated with this Home

  • Justin Repp

    Buyer's Agent in 2022

    Justin Repp

    Keller Williams Realty Evolution

    (978) 273-6680

    6 in this area

    105 Total Sales

    Justin Repp
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73025943

MLS Property Information Network (MLS PIN)

APN: BEVE-000005-000288

Massachusetts Essex County Beverly 01915 Downtown Beverly

103 Cabot St, Beverly, MA

This home is located at 103 Cabot St, Beverly, MA 01915 since 16 August 2022 and is currently estimated at $1,304,150, approximately $333 per square foot. This property was built in 1900. 103 Cabot St is a home located in Essex County with nearby schools including Beverly High School, Mrs Alexander's School, and Harborlight Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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