20 Tyler Rd Beverly — Photo 1 of 30
$850,000
Investment Analysis — 20 Tyler Rd
Beverly, MA 01915 — Cove
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 2.59% cap rate and $22,041/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,104
Style
Single Family
Built
1958
Set in Beverly’s Cove neighborhood, this raised ranch offers a blank canvas ready for thoughtful updates and a fresh vision. Hardwood floors, a fireplaced living room, and an eat-in kitchen with direct access to the wood deck provide a solid foundation for future improvements. The partially finished lower level adds flexible living space with a second fireplace, exterior access, laundry, storage, and convenient entry from the under-house garage. A standout feature is the large, level lot, framed by mature trees and abutting wetlands, creating a natural backdrop with room to garden, relax, or entertain. Close to the ocean and local amenities, this property offers character, space, and exciting potential in the Cove. Offered in as-is condition.
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: 552 sq ft (the lesser of 900 sq ft or half the 1,104 sq ft principal dwelling). Lot size: 18,535 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 MLS and other third-party data may be inaccurate or out of date.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
Tankless Water Heater • Oven • Dishwasher • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18.166666666 x 12.083333333
Flooring - Hardwood, Lighting - Sconce, Crown Molding
Kitchen
Lvl Main,First17 x 11.416666666
Closet, Flooring - Laminate, Dining Area, Deck - Exterior, Exterior Access, Lighting - Overhead
Family Room
Lvl Basement24.416666666 x 16.416666666
Flooring - Laminate, Exterior Access, Lighting - Overhead
Primary Bedroom
Lvl First14.083333333 x 11.416666666
Flooring - Hardwood, Lighting - Overhead, Closet - Double
Bedroom 2
Lvl Main,First11.416666666 x 10.333333333
Bedroom 3
Lvl Main,First11.416666666 x 9.583333333
Flooring - Hardwood, Lighting - Overhead, Closet - Double
Bathroom 1
Lvl Main,First7.25 x 4.666666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Closet, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Listing Agent: Anne Spry
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73578525