Tyson Lynch
Responds Quickly
The Proper Nest Real Estate
(351) 666-4531
53 Total Sales
2 in Downtown Beverly
$560K - $790K Price Range
352 Cabot St Beverly, MA 01915
Downtown Beverly Neighborhood
6
Beds
4
Baths
2,853
Sq Ft
5,519
Sq Ft Lot
Highlights
- Medical Services
- Jogging Path
- Park
- Property is near public transit and schools
- Balcony
- 3-minute walk to Bessie Baker Park
About This Home
As of August 2024This 3-story four-family has had the same ownership for 40 years and has been well maintained. The property boasts a rentable square footage of 2,853± with a total gross of 4,248± SF. The property consists of two (2) two-bedroom units, one (1) one-bedroom unit and one (1) studio. The property offers a yard space, private balcony, tenants coin-op laundry, as well as 5-6 surface parking spots. Each unit is separately metered for gas heat/hot water with hot water heaters replaced over the past 2-3 years. This property offers investors a value-add opportunity with under-market rents currently in place within a supply restrained prime location. The asset is in close proximity to the Cummings Center, Lahey Medical and Beverly Depot with various transportation options and accessible to all major thoroughfares.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,967
Year Built
- Built in 1920
Lot Details
- 5,519
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,853 Sq Ft Home
- Insulated Windows
- Insulated Doors
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Balcony
- 5,519 Sq Ft Lot
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Total Actual Rent $7,575
- Assessor Parcel Number M:0020 B:0194 L:,4183925
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $271
- Insurance Expense $4,000
- Water Sewer Expense $980
- Operating Expense $6,002
- Net Operating Income $72,204
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Aug 30, 2024
Sold by
Bought by
Seller's Agent
Dan Pouladian
North Shore Realty Advisors
Buyer's Agent
Sara Pouladian
North Shore Realty Advisors
List Price
$1,200,000
Sold Price
$1,200,000
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$705,580
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Beverly, MA
-
Tyson Lynch
-
Wendy Willis
Wendy Willis
Keller Williams Realty Evolution
(978) 997-7748
112 Total Sales
2 in Downtown Beverly
$510K - $973K Price Range
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in Downtown Beverly
$1,300,000 Price
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
105 Total Sales
1 in Downtown Beverly
$630,000 Price
-
Ana Picanco Linnehan
Ana Picanco Linnehan
eXp Realty LLC - Corporate Office
(351) 215-0595
21 Total Sales
1 in Downtown Beverly
$245,000 Price
-
George Needham
George Needham
GLN & Company, LLC
(978) 736-2304
25 Total Sales
1 in Downtown Beverly
$619,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,200,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $720,000 | ||
| Previous Owner | $5,565 | ||
| Previous Owner | $8,511 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $1,200,000 | 0.0% | $421 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | For Sale | $1,200,000 | -- | $421 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,728 | $885,200 | $358,100 | $527,100 |
| 2024 | $8,967 | $798,500 | $293,100 | $505,400 |
| 2023 | $8,657 | $768,800 | $263,400 | $505,400 |
| 2022 | $8,021 | $659,100 | $207,800 | $451,300 |
| 2021 | $8,068 | $635,300 | $198,500 | $436,800 |
| 2020 | $8,008 | $624,200 | $187,400 | $436,800 |
| 2019 | $7,738 | $585,800 | $167,000 | $418,800 |
| 2018 | $7,057 | $518,900 | $163,300 | $355,600 |
| 2017 | $5,641 | $395,000 | $120,600 | $274,400 |
| 2016 | $5,424 | $376,900 | $120,600 | $256,300 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Pouladian
Seller's Agent in 2024
Dan Pouladian
North Shore Realty Advisors
(617) 548-7737
4 in this area
29 Total Sales
-
Sara Pouladian
S
Seller Co-Listing Agent in 2024
Sara Pouladian
North Shore Realty Advisors
(617) 910-6646
4 in this area
21 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73269879
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.
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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