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15 Radcliffe Rd
Score
73
Beverly, MA

15 Radcliffe Rd

630K
3 bd • 2 ba • 2,256 sf

This analysis was generated on 3/13/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$629,900

Price/Sq.Ft

$279

Year Built

1957

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Hardwood Flooring: Original hardwood floors throughout the main living areas add character and value, though they require refinishing • Brick Accent Wall/Stair Support: Unique architectural detail that adds visual interest to the living space • Hardwood Flooring • Brick Accent Wall • Price Position: The property is listed at $279.21 per square foot, significantly lower than the median price per square foot of $435 in 01915. This could indicate an undervaluation or reflect the condition/features of the property. • Appreciation Trend: The property sold for $389,000 in 2005, representing a 61.9% increase to the current list price of $629,900. This demonstrates significant long-term appreciation. • Rental Income: $3,207/month with 99% occupancy (0.0% cap rate) • Schools: The high rating of Ayers/Ryal Side School may add a premium to property values compared to areas with lower-rated elementary schools. However, the lower ratings of the middle and high schools could offset some of this premium. • Future Development: No specific planned developments are mentioned that would directly impact this property. • Natural light is good in the living areas and bedrooms, but limited in the kitchen and basement.
Hardwood Flooring

Hardwood Flooring

Original hardwood floors throughout the main living areas add character and value, though they require refinishing.

Brick Accent Wall/Stair Support

Brick Accent Wall/Stair Support

Unique architectural detail that adds visual interest to the living space.

The Bad

• Kitchen Renovation (HIGH priority): $25,000 • Bathroom Remodel (MEDIUM priority): $15,000 • Basement Finishing (MEDIUM priority): $30,000 • Hardwood Floor Refinishing (MEDIUM priority): $5,000 • Major heat and wind risk may increase insurance costs and require additional property maintenance. • Minimal flood and fire risk, but moderate air quality risk could be a concern for some buyers. • The 4/10 rating of Briscoe Middle School and Beverly High School may deter families with school-aged children. • Natural light is good in the living areas and bedrooms, but limited in the kitchen and basement.

The Ugly

No critical issues identified
Outdated Kitchen

Outdated Kitchen

The kitchen features outdated appliances and cabinets, with wear and tear visible on the countertops and cabinet doors.

Dated Bathroom

Dated Bathroom

The bathroom has dated fixtures, including a colored toilet and vanity. The tile flooring also appears worn.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $38,484 with 99% occupancy rate Value Investors: Projected 16.7% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $75,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$89,076

Property History

Price History
Ownership Timeline
$389,000Financed
Jan 1, 1970
Patrica Kelley Mullen, Robert J MullenMark D Wetmore
Deed
Standard Sale (Purchase/Resales)
$253,000Financed
Jan 1, 1970
Timothy J Rollins, Karen P RollinsRobert J Mullen, Patricia Kelley-Mullen
Deed
Standard Sale (Purchase/Resales)
$194,500Financed
Jan 1, 1970
George E Glenfield, Mary B GlenfieldTimothy J Ddrollins, Karen P Rollins
Deed
Standard Sale (Purchase/Resales)

Property Taxes

$6,532
2024 Tax Assessment
7.2%from previous year
Assessed Value$581,700
Tax Rate1.12%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

High

4.0/10
Average

Financials

Monthly Costs
Market Rent (3 bed)

$2,025

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$629,900
Price/sqft
$279
Layout
3 bd2 ba
Days on market
1 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$848,667

25.8%

Your price is 25.8% below average

Median Price

$865,000

27.2%

Based on 6 recent sales

Price per Sq.Ft

$377

25.9%

Your price is 25.9% below average $/sqft

Comparable Properties

3 Yale Blvd, Beverly, MA 01915
Price: $730,000
Sq.Ft: 2,325
Beds/Baths: 3/2
$/Sq.Ft:
$31412.5%
Sale Date: 9/18/2024
8 Chipman Rd, Beverly, MA 01915
Price: $827,000
Sq.Ft: 1,912
Beds/Baths: 4/2
$/Sq.Ft:
$43354.9%
Sale Date: 9/19/2024
30 Williams St., Beverly, MA 01915
Price: $865,000
Sq.Ft: 2,307
Beds/Baths: 3/3
$/Sq.Ft:
$37534.3%
Sale Date: 1/8/2025
323 R Elliott Street, Beverly, MA 01915
Price: $730,000
Sq.Ft: 2,294
Beds/Baths: 4/3
$/Sq.Ft:
$31814.0%
Sale Date: 9/19/2024
90 Dodge St, Beverly, MA 01915
Price: $910,000
Sq.Ft: 2,305
Beds/Baths: 4/3
$/Sq.Ft:
$39541.4%
Sale Date: 9/18/2024
15 Overlook Dr, Danvers, MA 01923
Price: $1,030,000
Sq.Ft: 2,400
Beds/Baths: 4/3
$/Sq.Ft:
$42953.7%
Sale Date: 9/28/2024

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