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Property profile & analytics
FOR SALE
Investment properties

261 Rantoul St Beverly, MA 01915-4248

3,231 SF 0.06 ac lot Built 1900
Individually Owned 25-yr Hold
Property ID
US38-0690385
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 3,231 SF
Lot 0.06 ac (2,522 SF)
Zoning code CC
APN BEVE M:0011 B:0146 L:
UPID US38-0690385
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$862k
Blend (final) Blend
$615k
Owner & transaction history
Richard T Best · 25 yrs held
Richard T Best
since 2001
5 recorded transactions
2003
Price N/A
2002
Price N/A
2001
$226,000
1997
Price N/A
1993
Price N/A
Zoning & alternative use
CC · Beverly, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In CC District, 55 feet when "RHD" is the abutting residential district. In CC2 subdistrict, 45 feet with no more than four stories. In both CC and CC2, 35 feet when "RMD" or "R-6" is the abutting residential district. Proposed Zoning No Change Summary of Proposed Changes to the CC/CC2 Zoning for Residential Uses which do not Abut a Residential Zoning Distri…

Zone name Central Commercial
General category COMMERCIAL
Zone area 114.80 ac
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