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13 Days on market

4 Oakhurst Rd Beverly — Photo 1 of 38

$649,000

Investment Analysis — 4 Oakhurst Rd

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 3.43% cap rate and $22,250/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

1,247

Style

Single Family

Built

1948

Discover the potential of this classic ranch, offering convenient single-level living, generous outdoor space, and plenty of opportunity to make it your own. With over 1,200 square feet of living space, this three-bedroom, one-bath home features hardwood floors, a spacious living and dining area, and a brick fireplace complemented by custom built-in cabinetry. The eat-in kitchen offers ample cabinet space and a functional layout, ready for your personal touch. Two screened-in porches provide additional spaces to relax and enjoy the outdoors, while the unfinished basement offers substantial storage, workshop space, a half bath, and possibilities for future improvements, and additional storage in the pull down attic. Outside, the lot features a fenced backyard with mature trees, a spacious patio, and a detached one-car drive-through style garage with space for boat or other storage on the yard side. While the home has seen updates over the years, it presents an exciting opportunity for its next owner to bring fresh ideas and modern finishes to a well-established property. Whether you're looking to personalize your next home or take on a renovation project, 4 Oakhurst Rd offers a solid starting point with room to make it 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: 624 sq ft (the lesser of 900 sq ft or half the 1,247 sq ft principal dwelling). Lot size: 8,494 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.