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40 Railroad Ave

Beverly, MA 01915

1 bd 1 ba 610 sqft Built 1968 condos
Most recent sale
$320,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2026 Sold $296,000 MLSPIN
Mar 5, 2026 Listed $299,000 MLSPIN
Oct 28, 2022 Sold $320,000 Public Record
Aug 18, 2022 Sold $319,000 MLSPIN
Jun 23, 2022 Listed $319,000 MLS #73003191
Mar 28, 2022 Sold $320,000 MLS #72929935
Mar 26, 2022 Relisted $295,000 MLS #72929935
Mar 1, 2022 Relisted $295,000 MLS #72929935
Jan 25, 2022 Listing removed $295,000 MLSPIN
Dec 29, 2021 Listed $295,000 MLS #72929935
Oct 29, 2009 Sold $152,000 Public Record
Apr 23, 2004 Sold $195,500 Public Record
Jul 9, 1999 Sold $88,900 Public Record
Nov 13, 1997 Sold $72,000 Public Record
Jan 29, 1988 Sold $109,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $316,300 $316,300 $2,606
2022 $220,700 $220,700 $2,686
2021 $206,200 $206,200 $2,619
2020 $196,400 $196,400 $2,520
2019 $178,100 $178,100 $2,353
2018 $153,500 $153,500 $2,088
2017 $151,700 $151,700 $2,166
2016 $149,300 $149,300 $2,148
2015 $134,700 $134,700 $1,901
2014 $140,000 $140,000 $1,982
2006 $190,000 $190,000 $1,877
2005 $154,400 $154,400 $1,550
2004 $142,600 $142,600 $1,557
2003 $119,700 $119,700 $1,390

Property facts

Year built
1968
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
610 sqft
Lot size
ZIP code
01915
City
Beverly
Street
Railroad Ave
Coordinates
42.54645, -70.88214

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,769
Gross rental yield
6.63%
Implied cap rate
4.31%
Trend-extrapolated value

Frequently asked questions

When did 40 Railroad Ave last sell?
40 Railroad Ave most recently sold on Mar 28, 2022 for $320,000.
What is the current tax assessment for 40 Railroad Ave?
The most recent total assessment for 40 Railroad Ave (year 2023) is $316,300 with $2,606 in property tax.
How does 40 Railroad Ave's assessment compare to its last sale price?
The current assessment is 1.2% below the last sale price of $320,000.
When was 40 Railroad Ave built?
40 Railroad Ave was built in 1968.
How does 40 Railroad Ave compare to others on Railroad Ave?
We track 8 other properties on Railroad Ave. Browse the list under "Other properties on Railroad Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Railroad Ave?
40 Railroad Ave is a 1 bed, 1 bath, 610 sqft condos.
Is 40 Railroad Ave a flip candidate?
No — 40 Railroad Ave does not appear in our flips dataset.
Is 40 Railroad Ave a tax-appeal candidate?
No — 40 Railroad Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$829K
2026 Q4
$820.3K
ZIP 01915 — Median Price History + Forecast

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