24 Wedgemere Rd Beverly — Photo 1 of 42
$779,000
Investment Analysis — 24 Wedgemere Rd
Beverly, MA 01915 — Centerville
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 2.87% cap rate and $22,363/yr in estimated NOI at the $779,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,593
Style
Single Family
Built
1958
Discover the inviting ranch-style residence at 24 Wedgemere Rd. in Centerville. Built in 1958, this 1593 square foot single family home is ready for you to move in and begin your next chapter. The heart of this home is an open-plan kitchen, featuring stainless steel appliances, stone counters, and a convenient peninsula for casual dining or entertaining. A distinctive stone wall adds character, and the seamless flow into the living room creates an ideal space for gatherings. The living room itself is anchored by a cozy fireplace, perfect for relaxing evenings, plus a large open family room.. This property offers three comfortable bedrooms, one full bathroom, and one half bathroom. Practicality is enhanced by a dedicated laundry room and an enclosed 3 season room. Step outside to a private enclosed yard, offering ample space for outdoor enjoyment, complemented by a patio and a 20 x 14 Reeds Ferry Shed. The detached oversized two-car garage has an additional rear 8 foot garage door for easy access to the yard. This residence presents a unique opportunity to embrace a desirable lifestyle.
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: 797 sq ft (the lesser of 900 sq ft or half the 1,593 sq ft principal dwelling). Lot size: 42,249 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 13
Flooring - Laminate
Dining Room
Lvl First14 x 10
Ceiling Fan(s), Flooring - Laminate
Kitchen
Lvl First14 x 11
Flooring - Laminate
Family Room
Lvl First20 x 16
Flooring - Laminate
Master Bedroom
Lvl First13 x 9
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First13 x 13
Bedroom 3
Lvl First10 x 9
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Half
Listing Agent: Paul Rallo
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73575422
