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3 Days on market
114 Hale St #3 Beverly — Photo 1 of 14

114 Hale St #3 Beverly — Photo 1 of 14

$799,000

Investment Analysis — 114 Hale St #3

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 2.75% cap rate and $21,954/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,210

Style

Condominium

Built

1900

Experience luxury coastal living in Beverly Cove, a few short blocks from Dane Street Beach. Created through a comprehensive gut renovation and thoughtfully integrated new construction, this new condominium pairs sophisticated design with a sought-after Hale Street address. Soaring ceilings, skylights, and a paneled accent wall distinguish the light-filled, open-concept Great Room. The showpiece kitchen features high-end finishes, quartz countertops, a matching full-height backsplash, and a striking waterfall island. Sliding glass doors open directly to a private deck for seamless indoor-outdoor living. The primary suite offers impressive ceiling height, a private en suite bathroom, and dual closets. Two additional bedrooms include a third bedroom with paneled walls perfect for a home office. Two private off-street parking spaces are being created on a new parking area behind the building. Close to Lynch Park, downtown Beverly, and the commuter rail, and all Beverly has to offer, this exceptional residence delivers modern luxury moments from the coast.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$799,000
Annual Taxes$2,821
HOA Fee$375

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingCentral, Air Source Heat Pumps (ASHP)
CoolingCentral Air, Air Source Heat Pumps (ASHP)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR10

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Listing Provided By

Listing Agent: Alex Rice

Listing Office: Choose Boston, LLC

MLS® Number: 73574734