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24 Days on market
165 E. Lothrop St Beverly — Photo 1 of 42

165 E. Lothrop St Beverly — Photo 1 of 42

Recent Drop: $31,000

$805,900
$774,900

$774,900

Investment Analysis — 165 E. Lothrop St

Beverly, MA 01915

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01915 carries an estimated $3,550/mo in gross rent — about a 3.23% cap rate and $25,050/yr in estimated NOI at the $774,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

1,917

Style

Single Family

Built

1880

Open House on Friday, 9/11 from 4:30-6:30pm. Imagine a neighborhood where the beach, ocean front parks, downtown & school are all part of everyday life. Set in the heart of Beverly Cove, 165 E. Lothrop offers a location that makes it easy to enjoy so much of what makes this part of Beverly special. Dane Street Beach is just 0.3 miles away, Lynch Park is approximately 0.5 miles from home, & downtown Beverly’s restaurants & shops, commuter rail service & an elementary school are all nearby. Morning walks, afternoons by the water & evenings downtown can easily become part of your routine here.The home itself offers the warmth & character that are increasingly hard to find. An inviting front porch welcomes you, while the backyard feels like a private garden retreat surrounded by mature plantings. Inside, the first floor features an eat-in kitchen, generously sized dining room, living room & half bath. Upstairs are 3 bedrooms & a full bath, plus an unfinished attic offering additional possibilities. The lower level provides added flexibility with another room suitable as an office with its own entry, or your fourth bedroom, or workout space plus a sunny laundry room, & basement storage space. A detached two-bay-wide garage provides room for storage, bikes, beach gear, tools & more.Filled with original charm & offering opportunities to make it your own over time, this is more than a house; it’s an opportunity to enjoy the distinctive coastal lifestyle & everyday conveniences of Beverly Cove.

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 1,917 sq ft principal dwelling). Lot size: 5,998 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$805,900
Annual Taxes$7,326

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR10

Property & Lot

Acres0.14
SqFt Lot5,998
Lot FeaturesGentle Sloping

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomBathroom 2
Main,First
Kitchen
Living Room
Lvl First

14.083333333 x 13.583333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl First

15.916666666 x 10.75

Flooring - Hardwood

Kitchen
Lvl Main,First

18.083333333 x 9.583333333

Flooring - Stone/Ceramic Tile, Dining Area, Gas Stove

Master Bedroom
Lvl Second

14.166666666 x 13.666666666

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

14.083333333 x 11.916666666

Bedroom 3
Lvl Second

12.083333333 x 11.916666666

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

6.5 x 5.083333333

Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink

Bathroom 2
Lvl First

4.583333333 x 2.916666666

Bathroom - Half, Flooring - Hardwood

Property History

Price Drop
$774,900

Was $805,900

Sep 8, 2026

MLS® 73565853

Listed
$805,900

Aug 19, 2026

MLS® 73565853

Listing Provided By

Listing Agent: The Mitchell Team

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73565853