
165 E. Lothrop St Beverly — Photo 1 of 42
Recent Drop: $31,000
$774,900
Investment Analysis — 165 E. Lothrop St
Beverly, MA 01915
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01915 carries an estimated $3,550/mo in gross rent — about a 3.23% cap rate and $25,050/yr in estimated NOI at the $774,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,917
Style
Single Family
Built
1880
Open House on Friday, 9/11 from 4:30-6:30pm. Imagine a neighborhood where the beach, ocean front parks, downtown & school are all part of everyday life. Set in the heart of Beverly Cove, 165 E. Lothrop offers a location that makes it easy to enjoy so much of what makes this part of Beverly special. Dane Street Beach is just 0.3 miles away, Lynch Park is approximately 0.5 miles from home, & downtown Beverly’s restaurants & shops, commuter rail service & an elementary school are all nearby. Morning walks, afternoons by the water & evenings downtown can easily become part of your routine here.The home itself offers the warmth & character that are increasingly hard to find. An inviting front porch welcomes you, while the backyard feels like a private garden retreat surrounded by mature plantings. Inside, the first floor features an eat-in kitchen, generously sized dining room, living room & half bath. Upstairs are 3 bedrooms & a full bath, plus an unfinished attic offering additional possibilities. The lower level provides added flexibility with another room suitable as an office with its own entry, or your fourth bedroom, or workout space plus a sunny laundry room, & basement storage space. A detached two-bay-wide garage provides room for storage, bikes, beach gear, tools & more.Filled with original charm & offering opportunities to make it your own over time, this is more than a house; it’s an opportunity to enjoy the distinctive coastal lifestyle & everyday conveniences of Beverly Cove.
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: 900 sq ft (the lesser of 900 sq ft or half the 1,917 sq ft principal dwelling). Lot size: 5,998 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.
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Building & Exterior
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Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14.083333333 x 13.583333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl First15.916666666 x 10.75
Flooring - Hardwood
Kitchen
Lvl Main,First18.083333333 x 9.583333333
Flooring - Stone/Ceramic Tile, Dining Area, Gas Stove
Master Bedroom
Lvl Second14.166666666 x 13.666666666
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second14.083333333 x 11.916666666
Bedroom 3
Lvl Second12.083333333 x 11.916666666
Closet, Flooring - Hardwood
Bathroom 1
Lvl Second6.5 x 5.083333333
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink
Bathroom 2
Lvl First4.583333333 x 2.916666666
Bathroom - Half, Flooring - Hardwood
Property History
$774,900
Was $805,900
Sep 8, 2026
MLS® 73565853
$805,900
Aug 19, 2026
MLS® 73565853
Listing Agent: The Mitchell Team
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73565853