121 Bridge St Beverly — Photo 1 of 38
$699,900
Investment Analysis — 121 Bridge St
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 3.23% cap rate and $22,624/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,554
Style
Single Family
Built
1900
Set back from the street, this 3-bedroom home offers a great opportunity for buyers looking to bring their own ideas and personal touches. The open-concept eat-in kitchen provides plenty of space for gathering and opens directly to a deck, while a heated porch offers additional flexible living space. Hardwood floors are featured in the main living areas, with hardwood believed to be under the carpeting in the three bedrooms. Two full baths and convenient first-floor laundry add to the functionality of the home. Outside, the property offers plenty of off-street parking and room to enjoy the outdoor space. Forced hot water heating by oil, with natural gas stove. Gas available at the house. With a spacious layout, desirable features and plenty of potential, this home is ready for its next owner to make it their own. Roof approx 14 years old, newer heat and hot water. Easy access to all major routes and to all Beverly has to offer. Beaches, shopping, restaurants, all within close proximity.
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: 777 sq ft (the lesser of 900 sq ft or half the 1,554 sq ft principal dwelling). Lot size: 12,502 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.3 x 17.3
Flooring - Hardwood
Dining Room
Lvl First15.3 x 12.2
Ceiling Fan(s), Flooring - Hardwood
Kitchen
Lvl First17.3 x 15.7
Flooring - Hardwood, Dining Area, Deck - Exterior, Dryer Hookup - Gas, Exterior Access, Open Floorplan, Washer Hookup, Gas Stove, Peninsula
Master Bedroom
Lvl Second15.3 x 12.2
Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13.7 x 8.2
Bedroom 3
Lvl Second15.3 x 11.7
Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - 3/4
Listing Agent: Lisa Dooley
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73573878
