121 Water Street #46 Beverly — Photo 1 of 42
Recent Drop: $125,000
$624,900
Investment Analysis — 121 Water Street #46
Beverly, MA 01915
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01915 carries an estimated $2,680/mo in gross rent — about a 0.67% cap rate and $4,201/yr in estimated NOI at the $624,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,180
Style
Condominium
Built
1985
NEW PRICE! Imagine setting up your home office with an amazing, ever-changing water view right outside your window. NO virtual backgrounds ever needed here! This spectacular two-level, two-bedroom, two-bathroom condo at Tuck Point is truly one of a kind, offering an inspiring, sun-drenched setting perfectly designed for productivity with stunning sunrise and sunset views. It's also a smart investment in your future, as you'll be building equity in one of the most prized harbor front locations on the North Shore, right here in zip code 01915. Step out to your private balcony for a quick break, relax by the pool, or take advantage of the easy access to local beaches, the commuter rail, theaters and vibrant downtown dining. Why settle for the ordinary when you can claim one of the best views in Beverly?
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstWindow(s) - Bay/Bow/Box, Window(s) - Picture
Dining Room
Lvl FirstSkylight, Cathedral Ceiling(s), Balcony / Deck, Slider
Kitchen
Lvl FirstFamily Room
Lvl SecondSkylight
Master Bedroom
Lvl SecondCloset
Bedroom 2
Lvl FirstBathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Marble, Countertops - Stone/Granite/Solid, Dryer Hookup - Dual, Dryer Hookup - Electric, Remodeled
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid
Property History
$624,900
Was $639,900
Sep 1, 2026
MLS® 73519271
$639,900
Was $649,900
Aug 20, 2026
MLS® 73519271
$649,900
Was $699,000
Aug 3, 2026
MLS® 73519271
$699,000
Was $719,000
Jun 3, 2026
MLS® 73519271
$719,000
Was $749,900
May 29, 2026
MLS® 73519271
$749,900
May 14, 2026
MLS® 73519271
Listing Agent: Kathleen Demarkles Essler
Listing Office: J. Barrett & Company
MLS® Number: 73519271
