5+7 Preston Pl Beverly — Photo 1 of 9
$749,999
Investment Analysis — 5+7 Preston Pl
Beverly, MA 01915
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01915 carries an estimated $2,150/mo in gross rent — about a 1.47% cap rate and $11,006/yr in estimated NOI at the $749,999 list price. Adjust every assumption in the calculator below.
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TWO recorded ANR, buildable lots in highly desirable Beverly Farms. Package offering allowing for two lot development or merging for single estate lot. Rare opportunity in highly desirable Beverly Farms. Two ANR lots on well maintained and established street convenient to highways, town and resident only West Beach. Property qualifies for rights to West Beach. Legal frontage with utilities near by. Preston Place is a dead end street of estate homes. Water at street in front of lot and public sewer accessible on Hart St. Preliminary concept plans available upon request. Less than a mile from all that downtown Beverly Farms has to offer including shops, restaurants and train. Build your dream home on this prime parcel. 5 and 7 Preston Place can be sold together or individually. Please do not walk land unaccompanied.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Brenna Mcniff
Listing Office: Coldwell Banker Realty - Beverly
MLS® Number: 73520909
