
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First12.666666666 x 13
Flooring - Hardwood
Dining Room
Lvl First10 x 1
Flooring - Hardwood
Kitchen
Lvl First8.666666666 x 13.25
Flooring - Stone/Ceramic Tile, Peninsula
Family Room
Lvl Basement28.5 x 25.583333333
Flooring - Laminate
Master Bedroom
Lvl First14.833333333 x 13.166666666
Flooring - Laminate
Bedroom 2
Lvl First11.25 x 11.5
Bedroom 3
Lvl First11.25 x 13.75
Flooring - Hardwood
Bedroom 4
Lvl First10.75 x 10.5
Flooring - Hardwood
Bathroom 1
Lvl First7.75 x 13.25
Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Basement10.166666666 x 12.916666666
Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Debra Laporte
Listing Office: Coldwell Banker Realty - Beverly
MLS® Number: 73544933
