
161 Dodge St Beverly — Photo 1 of 28
$699,000
Investment Analysis — 161 Dodge St
Beverly, MA 01915 — North Beverly
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01915 carries an estimated $2,680/mo in gross rent — about a 2.52% cap rate and $17,594/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,612
Style
Single Family
Built
1955
Welcome to 161 Dodge Street, a charming North Beverly ranch offering comfortable one-level living plus additional finished lower-level space. The main level features hardwood floors, an open living and dining area with beamed ceilings and stunning brick fireplace, an undated kitchen, and a sunroom filled with natural light. Two bedrooms, with smart closet systems, and a renovated full bath complete the main floor.The finished lower level adds valuable flexibility with a spacious family room, half bath, laundry, and storage. The home also offers a newer FHA heating and central air system, newer SuperStor hot water tank, an oversized extra-deep attached garage, and a generous wraparound deck. The garage depth may also offer future flexibility for buyers seeking a main-level laundry solution, subject to their own due diligence and any required approvals. The exterior has been freshly painted, and the sellers completed a number of repairs and maintenance items following a recent pre-listing home inspection. Set on a corner lot with ample parking and convenient access to North Beverly shopping, commuter rail, restaurants, parks, and nearby walking and conservation areas, this home offers far more flexibility and usable space than meets the eye. Join me at the open houses: Saturday 9/12: 12-1:30 & Sunday 9/13: 1:2:30.Offers Due Tuesday 9/14 by noon.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 806 sq ft (the lesser of 900 sq ft or half the 1,612 sq ft principal dwelling). Lot size: 7,989 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13.333333333 x 14.083333333
Beamed Ceilings, Flooring - Hardwood, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Remodeled, Slider, Lighting - Overhead, Archway
Dining Room
Lvl Main,First13.25 x 11.5
Beamed Ceilings, Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled, Slider, Lighting - Pendant
Kitchen
Lvl Main,First13.5 x 9.833333333
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Archway
Family Room
Lvl Basement16.083333333 x 25.166666666
Walk-In Closet(s), Flooring - Laminate, Recessed Lighting, Remodeled, Lighting - Overhead
Master Bedroom
Lvl Main,First11.5 x 13.833333333
Ceiling Fan(s), Flooring - Hardwood, Remodeled
Bedroom 2
Lvl Main,First11.5 x 13.25
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Beadboard
Bathroom 2
Lvl BasementBathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Kate Richard
Listing Office: J. Barrett & Company
MLS® Number: 73573044