
2 Dearborn Ave Beverly — Photo 1 of 41
Recent Drop: $20,100
$564,900
Investment Analysis — 2 Dearborn Ave
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 3.42% cap rate and $19,342/yr in estimated NOI at the $564,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,043
Style
Single Family
Built
1900
100% move-in ready! This charming 2-bedroom, 1-bath Colonial has been well maintained and thoughtfully updated, including replacement windows (2022), central air and furnace (2021), and a new water heater (2026). Full of character with beautiful wood floors, crown molding, chair rail, and a floor-to-ceiling bow window. The first floor features an open-concept kitchen and dining area with island and bay window, plus direct access to the wraparound porch, along with a spacious living room and flexible first-floor room ideal for an office or additional living space. Upstairs, both bedrooms feature wood floors, with a full bath and convenient second-floor laundry. Outside, enjoy the wraparound porch, fenced-in grassy yard, storage shed, and paved driveway with two tandem off-street parking spaces. Ideally located just 0.5 miles from the MBTA Montserrat Commuter Rail Station, with convenient access to Beverly's beaches, restaurants, schools, shops, and major highways. A well-cared-for home with character, updates, and a fantastic location! Subject to sellers finding suitable housing. **Property has been identified and offer accepted. **
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: 522 sq ft (the lesser of 900 sq ft or half the 1,043 sq ft principal dwelling). Lot size: 2,073 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
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Window(s) - Bay/Bow/Box, Chair Rail, Crown Molding
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Kitchen Island, Exterior Access, Gas Stove
Office
Lvl FirstFlooring - Wood
Master Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBathroom 1
Lvl SecondBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$564,900
Was $585,000
Sep 8, 2026
MLS® 73567431
$585,000
Aug 24, 2026
MLS® 73567431
Listing Agent: Paul Travaglini
Listing Office: Century 21 Seaport
MLS® Number: 73567431
