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21 Goldsmith Ave Beverly — Photo 1 of 37

$649,000

Investment Analysis — 21 Goldsmith Ave

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 3.42% cap rate and $22,213/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,699

Style

Single Family

Built

1950

Tucked away at the end of a quiet dead-end street in Beverly’s desirable Ryal Side neighborhood, this charming Colonial offers a wonderful combination of privacy, flexible living space, and convenience. The main level features a spacious living room, dining room, and an additional family room that can easily serve as a first-floor primary bedroom, home office, or guest space. Upstairs, three comfortable bedrooms complete the versatile layout. The interior was freshly painted throughout just a few months ago, providing a great starting point for the next owner. With a few personal touches and updates, this home offers wonderful potential to truly make it your own. Step outside to a peaceful backyard setting directly abutting the golf course, creating a scenic backdrop with added privacy. An attached garage and ample off-street parking add everyday convenience. Ideally located near parks, shopping, public transportation, major routes, downtown Beverly, and North Shore amenities. Bring your vision and make this inviting home your own!

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: 850 sq ft (the lesser of 900 sq ft or half the 1,699 sq ft principal dwelling). Lot size: 8,599 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.