40 Heather St #314 Beverly — Photo 1 of 20
Recent Drop: $25,100
$469,900
Investment Analysis — 40 Heather St #314
Beverly, MA 01915 — Montserrat
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 3.04% cap rate and $14,292/yr in estimated NOI at the $469,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,100
Style
Condominium
Built
1970
Montserrat Condominiums is convenient to downtown, train, highway and Whole Foods and of course Beverly's world famous Gold Coast. This fabulous two bedroom condo in attractive brick building with elevator is in the heart of Beverly and has spacious living/dining room with hardwood floors leading to your own private balcony. The well appointed kitchen features cherry cabinets, stainless steel appliances and handsome granite countertops. The spacious bedrooms include the master with ensuite bathroom. The condominium includes many amenities among which are 2 deeded parking spaces and community meeting room, as well as wonderful theater for maximum cinema experience.. Make Beverly and Montserrat Condominium your new home.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl ThirdFlooring - Hardwood, Balcony / Deck, Lighting - Overhead
Dining Room
Lvl ThirdFlooring - Hardwood
Kitchen
Lvl ThirdFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
Master Bedroom
Lvl ThirdBathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile
Bedroom 2
Lvl ThirdBathroom 1
Lvl ThirdBathroom - Full, Flooring - Marble
Bathroom 2
Lvl ThirdBathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$469,900
Was $495,000
Aug 18, 2026
MLS® 73559301
$495,000
Aug 5, 2026
MLS® 73559301
Listing Agent: Ted Richard
Listing Office: J. Barrett & Company
MLS® Number: 73559301
