315 Hale St Beverly — Photo 1 of 27
$995,000
Investment Analysis — 315 Hale St
Beverly, MA 01915 — Beverly Cove
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 2.37% cap rate and $23,554/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,154
Style
Single Family
Built
1957
Nestled in the highly desirable Beverly Cove neighborhood, this well maintained split level home offers the perfect combination of comfort and convenience. Ideally located just moments from Brackenbury Beach and Mingo Beach, you'll enjoy easy access to the coastline while being close to everything Beverly has to offer. This spacious home features 4 bedrooms, 2 full bathrooms, and an open concept floor plan that is ideal for both everyday living and entertaining. The generous yard provides plenty of space for outdoor activities, gardening, or simply relaxing. Throughout the seller's ownership, the home has been thoughtfully updated, including a roof, conversion from oil to natural gas, updated heating system, electrical improvements, replacement windows, driveway, and much more. A whole house generator offers added peace of mind year round. With its sought after location, extensive updates, and inviting layout, this Beverly Cove home is ready for its next chapter.
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 2,154 sq ft principal dwelling). Lot size: 13,430 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second38 x 14
Dining Room
Lvl Second10 x 11
Kitchen
Lvl Second14 x 11
Master Bedroom
Lvl Second16 x 11
Bedroom 2
Lvl Second10 x 10
Bedroom 3
Lvl Second10 x 13
Bedroom 4
Lvl First13 x 12
Bathroom 1
Lvl First10 x 5
Bathroom 2
Lvl Second8 x 8
Listing Agent: Victor Paulino
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73554190