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32 Crescent Ave Beverly — Photo 1 of 41

32 Crescent Ave Beverly — Photo 1 of 41

$669,000

Investment Analysis — 32 Crescent Ave

Beverly, MA 01915 — Ryal Side

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 3.43% cap rate and $22,953/yr in estimated NOI at the $669,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,276

Style

Single Family

Built

1930

Open Houses Sat 9/12 and Sun 9/13 11 am to 12:30 pm. Offers are due 9/15 by 12 Noon. A true delight, this fabulous Ryal Side water view home is priced under $700k and is located on Salter's Point! Your new home awaits: imagine early fall evenings on the front porch watching the boats go by. This delightfully charming Colonial is across from the water and gives you peek-a-boo views. Three bedrooms and a full bathroom upstairs. Living, dining, handsome remodeled kitchen (just wait, it is so much more charming in person) and family room with sliders that walk out onto deck and into the fully fenced yard are on the first floor. There is also a mudroom with adjacent oversized closet that is ideal for storage or your new future bathroom. The kitchen has custom cabinetry in coordinating colors, topped with quartz countertops. The peninsula is the perfect spot for morning coffee, or WFH/homework. Stainless appliances including induction stove. Wired for speaker system. The basement has a laundry area, ample storage, a fabulous bonus room for wood shop or any other crafting or uses you desire, and walkout to the yard too. The picture perfect building envelope includes vinyl replacement windows, vinyl siding, gutters and a new roof. Nothing to do but move in and enjoy and (maybe) customize to your styling and colors. The furnace, central air, hot water tank and electrical panel have all been upgraded! Attic has plywood for bonus storage!

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: 638 sq ft (the lesser of 900 sq ft or half the 1,276 sq ft principal dwelling). Lot size: 3,149 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$669,000
Annual Taxes$6,322

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Carpet, Flooring - Stone/Ceramic Tile
BasementFull, Interior Entry, Sump Pump, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR10

Property & Lot

Acres0.07
SqFt Lot3,149
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer/Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl First

Flooring - Wall to Wall Carpet

Dining Room
Lvl First

Flooring - Stone/Ceramic Tile

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl First

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Recessed Lighting

Master Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Second

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

Listing Provided By

Listing Agent: Sarah Macburnie Liporto

Listing Office: Ocean's Edge Real Estate

MLS® Number: 73572608