Active
19 Days on market
2 Dearborn Ave Beverly — Photo 1 of 41

2 Dearborn Ave Beverly — Photo 1 of 41

Recent Drop: $20,100

$585,000
$564,900

$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.

View Standard Listing

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

Original Price$585,000
Annual Taxes$5,100

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Flooring - Wood
BasementPartial, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofShingle
FoundationStone
ZoningRMD

Property & Lot

Acres0.05
SqFt Lot2,073
Lot FeaturesCorner 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

Second
Master BedroomBedroom 2Bathroom 1
First
Living RoomDining RoomKitchenOffice
Living Room
Lvl First

Flooring - Wood, Window(s) - Bay/Bow/Box, Chair Rail, Crown Molding

Dining Room
Lvl First

Closet/Cabinets - Custom Built, Flooring - Wood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Kitchen Island, Exterior Access, Gas Stove

Office
Lvl First

Flooring - Wood

Master Bedroom
Lvl Second

Flooring - Wood

Bedroom 2
Lvl Second
Bathroom 1
Lvl Second

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

Property History

Price Drop
$564,900

Was $585,000

Sep 8, 2026

MLS® 73567431

Listed
$585,000

Aug 24, 2026

MLS® 73567431

Listing Provided By

Listing Agent: Paul Travaglini

Listing Office: Century 21 Seaport

MLS® Number: 73567431