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4 Days on market
161 Dodge St Beverly — Photo 1 of 28

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.

View Standard Listing

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

Original Price$699,000
Annual Taxes$6,848

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Tile, Vinyl / VCT, Flooring - Stone/Ceramic Tile
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR10

Property & Lot

Acres0.18
SqFt Lot7,989
Lot FeaturesCorner Lot, Level

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

First
Bathroom 1
Basement
Family RoomBathroom 2
Main,First
Living RoomDining RoomKitchenMaster BedroomBedroom 2
Living Room
Lvl Main,First

13.333333333 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,First

13.25 x 11.5

Beamed Ceilings, Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled, Slider, Lighting - Pendant

Kitchen
Lvl Main,First

13.5 x 9.833333333

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Archway

Family Room
Lvl Basement

16.083333333 x 25.166666666

Walk-In Closet(s), Flooring - Laminate, Recessed Lighting, Remodeled, Lighting - Overhead

Master Bedroom
Lvl Main,First

11.5 x 13.833333333

Ceiling Fan(s), Flooring - Hardwood, Remodeled

Bedroom 2
Lvl Main,First

11.5 x 13.25

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Beadboard

Bathroom 2
Lvl Basement

Bathroom - Half, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Kate Richard

Listing Office: J. Barrett & Company

MLS® Number: 73573044