VERY high rents, PERFECT location and GREAT floor plans. Monthly rents: $5038 with potential to increase! (ALL SEPARATE SYSTEMS) Perfectly located 2 family in downtown Beverly, just steps to Cabot St. shops, cafes, the beach and train. Well laid-out, flexible floorplan...
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 2:01am (Source: MLS PIN #73091600)
Gross Income: $60,456
Gross Expenses: $12,370
Net Income Calc: $48,086
CAP Rate: 7.40%
Beach Front
Annual Expenses for 16 Pond St, Beverly MA 01915
Total Gross Expenses (Calculated)$12,370/year
APOD AvailableNo
Heating$6,000
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,370
Annual Income & Unit Breakdown for 16 Pond St, Beverly MA 01915
Total Gross Income (Calculated)$60,456
Unit 1
Rental Income$2,519
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,519
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 16 Pond St, Beverly MA 01915
Listing ID73091600
Property TypeMulti Family
Price$650,000 ($282.12/SqFt)
StyleMulti Family
CityBeverly
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total2,304 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking3
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningRHD
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesHarbor, Beach Front, 3/10 To 1/2 Mile To Beach
Energy Features
Terms
Disclosures for 16 Pond St, Beverly MA 01915
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$6,000
Total Gross Income By Broker$60,456
Total Net Income By Broker$54,456
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 16 Pond St, Beverly MA 01915
Real Estate Taxes$6,370
Tax Year2023
Assessed Value$565,700
Financial Data Source
Total Gross Expenses By Broker$6,000
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$60,456
BostonRealEstate.com Gross Income
Total Net Income By Broker$54,456
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.40%
Location Information for 16 Pond St, Beverly MA 01915
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area Amenities
Contact Information for 16 Pond St, Beverly MA 01915