18 Kernwood Ave Beverly — Photo 1 of 37
$675,000
Investment Analysis — 18 Kernwood 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 3.40% cap rate and $22,935/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,229
Style
Single Family
Built
1940
First time offered in 48 years! Located in Beverly’s Ryal Side neighborhood, this cherished 3-bedroom, 1½-bath home offers flexible living space, a NEW ROOF and a backyard made for enjoying. The first floor features a galley kitchen, dining room, half bath and two living areas separated by a wet bar—great for entertaining or creating distinct living and family rooms. The dining room has painted pine plank flooring, with similar pine planking under carpeting in other areas. A newer slider opens to a large Trex deck and backyard with storage shed. Upstairs are three bedrooms, a full bath and convenient laundry closet. A double-wide driveway provides parking for up to 6 cars. Recent improvements include a roof approximately 2 months old, gas FHA furnace and gas hot water heater approximately 6 years old, some vinyl replacement windows, and Trex front stairs and decking approximately 1 year old. Enjoy the Ryal Side lifestyle with nearby Obear Park and the Danvers River, plus easy access to downtown Beverly’s restaurants, shops and entertainment, commuter rail and major routes. A wonderful opportunity to bring your ideas and make this longtime family home your own!
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: 615 sq ft (the lesser of 900 sq ft or half the 1,229 sq ft principal dwelling). Lot size: 6,090 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Park • Golf • House of Worship • Marina • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Wet Bar, Recessed Lighting
Dining Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl FirstFlooring - Wall to Wall Carpet, Wet Bar, Deck - Exterior
Primary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen
Listing Agent: Christopher Comeau
Listing Office: Real Estate 109
MLS® Number: 73577589