Investment Analysis — 17-1/2 Pierce Ave. #17-1/2

Beverly, MA 01915

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 3.69% cap rate and $22,086/yr in estimated NOI at the $598,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,392

Style

Condominium

Built

1900

A wonderful opportunity in Beverly’s desirable Prospect Hill neighborhood! This spacious and bright 3-bedroom townhome offers plenty of living space, along with an office/bonus room, a basement and third-level loft providing excellent storage and potential for additional finished space. A new private deck leads directly to the backyard, creating a great spot for relaxing or entertaining. Ideally located just moments from downtown Beverly, local shops, restaurants, beaches, and everyday conveniences, this home puts it all within easy reach. The current homeowners have enjoyed the property for 13 years and are ready to welcome its next owners. With its spacious layout, convenient location, and inviting neighborhood setting, this is a great opportunity to make Beverly home.

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 MLS and other third-party data may be inaccurate or out of date.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.