29 Garfield Ave Beverly — Photo 1 of 35
$669,900
Investment Analysis — 29 Garfield Ave
Beverly, MA 01915 — Ryal Side
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01915 carries an estimated $3,210/mo in gross rent — about a 3.38% cap rate and $22,673/yr in estimated NOI at the $669,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,168
Style
Single Family
Built
1960
Home Sweet Home! Easy living on this cute cul-de-sac that's minutes to the water. Immaculate, very well-maintained 3 bedroom ranch with 1.5 baths. Beautiful hardwood floors in the fireplaced living room and in all bedrooms. Maple cabinets and Corian counters brighten the kitchen, and the full bath has a jetted tub. The walkout basement adds approximately 575 sq. ft of living space and features a generous family room with built-in bar, a half bath and a laundry area. There's also an unfinished area ideal for a workbench or storage. The side deck off the kitchen is a great spot for coffee, and the backyard is where you'll find the refereshing inground pool, deck, and yard. Easy maintance with vinyl siding and a vinyl fence. Located in a much loved neighborhood in Ryal Side, close to the water and to the Ryal Side Civic Association. Whether downsizing or just starting out, this may be just the right fit. First showings at the Open House on Thursday, 9/10, from 4:30-6:00. Also Open on Sat., 9/12, from 11-12:30 and shown by appointment. Offers will be held until Tuesday, 9/15 at 12:00 pm.
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: 584 sq ft (the lesser of 900 sq ft or half the 1,168 sq ft principal dwelling). Lot size: 5,001 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
Tankless Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park • Golf • Medical Facility • Highway Access • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Picture
Kitchen
Lvl FirstDining Area, Countertops - Stone/Granite/Solid
Family Room
Lvl BasementMaster Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl BasementBathroom - Half
Listing Agent: Julie Costa
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73573298