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7 Days on market

8 College Lane Beverly — Photo 1 of 37

$889,900

Investment Analysis — 8 College Lane

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 2.35% cap rate and $20,910/yr in estimated NOI at the $889,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,922

Style

Single Family

Built

1986

Discover a distinguished single-family residence, constructed in 1986, offering 1922 square feet of meticulously designed living space at 8 College Lane in Beverly, MA. This property, set upon a generous 12,423 square foot lot, presents a sophisticated opportunity for discerning homeowners seeking a harmonious blend of comfort and functionality. The residence thoughtfully incorporates three well-proportioned bedrooms, providing ample private accommodations. Complementing these are two full bathrooms, each designed to facilitate daily routines with efficiency and style. Further enhancing the property's appeal is a substantial four-car heated garage, offering extensive capacity for vehicle storage, workshop space, or recreational equipment. Beautiful fenced- in yard with inground pool., large deck and a gazebo. Close to major commuter routes, shopping, beaches and restaurants.We invite you to schedule a private viewing to fully appreciate the distinctive qualities of this exceptional Beverly home.

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 1,922 sq ft principal dwelling). Lot size: 12,423 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.