Active
60 Days on market
5 Paradise Road Beverly — Photo 1 of 38

5 Paradise Road Beverly — Photo 1 of 38

$949,000

Investment Analysis — 5 Paradise Road

Beverly, MA 01915 — Beverly Cove

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01915 carries an estimated $3,550/mo in gross rent — about a 2.57% cap rate and $24,405/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,350

Style

Single Family

Built

1969

Welcome to this beautifully situated home tucked away on a quiet cul-de-sac, offering space, flexibility, an expansive backyard, and coastal convenience. The upper level features a bright and inviting layout with a spacious living room, dining area, kitchen, full bath, a charming three-season sunroom, and four bedrooms. The lower level provides exceptional versatility with a large great room, a bonus room ideal as a bedroom, home office, or guest space, and a bath/laundry room with shower. With both interior access and a separate entrance, the lower level is well suited for a playroom, teen retreat, extended-family living, or potential in-law space. A garage under the house is complemented by a driveway accommodating up to four vehicles, plus additional on-street parking. Outside, the large backyard offers endless possibilities for recreation, gardening, entertaining, or simply enjoying the peaceful setting. Ideally located just 1.3 miles from Brackenbury Beach and only 1.9 miles from Lynch Park, this home combines the tranquility of a cul-de-sac setting with easy access to some of the area's most beloved coastal destinations. Whether you're looking for room to grow, space for extended living arrangements, or an opportunity to personalize a home in a fantastic location, Peaceful 5 Paradise offers tremendous potential and value.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,350 sq ft principal dwelling). Lot size: 11,369 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

Original Price$949,000
Annual Taxes$7,971.41

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood, Tile, Laminate
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Floor Furnace, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, Stone
RoofShingle
FoundationConcrete Perimeter
ZoningR15

Property & Lot

Acres0.26
SqFt Lot11,369
Lot FeaturesCul-De-Sac

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1
Basement
Family RoomBathroom 2
Living Room
Lvl First

12.666666666 x 13

Flooring - Hardwood

Dining Room
Lvl First

10 x 1

Flooring - Hardwood

Kitchen
Lvl First

8.666666666 x 13.25

Flooring - Stone/Ceramic Tile, Peninsula

Family Room
Lvl Basement

28.5 x 25.583333333

Flooring - Laminate

Master Bedroom
Lvl First

14.833333333 x 13.166666666

Flooring - Laminate

Bedroom 2
Lvl First

11.25 x 11.5

Bedroom 3
Lvl First

11.25 x 13.75

Flooring - Hardwood

Bedroom 4
Lvl First

10.75 x 10.5

Flooring - Hardwood

Bathroom 1
Lvl First

7.75 x 13.25

Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Basement

10.166666666 x 12.916666666

Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Listing Provided By

Listing Agent: Debra Laporte

Listing Office: Coldwell Banker Realty - Beverly

MLS® Number: 73544933