
5 Lakeshore Ave Beverly — Photo 1 of 38
$1,450,000
Investment Analysis — 5 Lakeshore Ave
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 1.22% cap rate and $17,646/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,905
Style
Single Family
Built
2016
Welcome home to this flexible, move-in-ready gem in one of Beverly's most sought-after pockets. A classic farmers porch sets the tone for easy New England living, opening into an open floor plan kitchen featuring granite countertops, stainless steel appliances, and a center island, with room to eat in and an elegant dining room close by. The open floor plan flows seamlessly into a level, expansive backyard complete with a firepit for evening gatherings and a peaceful, tree-lined view, making it a natural extension of your living space for the whole family to enjoy. A flexible bonus room off the kitchen offers options as a playroom, den, or first-floor bedroom, depending on your needs. The living room connects to its own flex space too, ideal as a home office or additional bedroom. Upstairs, the primary suite is a true retreat, featuring a walk-in closet and a spa-like bath with a soaking tub, separate shower, and double vanity. Two additional bedrooms share a second full bath providing comfortable, well-appointed space. The lower level adds even more usable square footage, starting with a mudroom just inside the door which is perfect for corralling shoes, coats, and everyday clutter. From there you'll find a laundry area, a dedicated office, and another bonus. A two-car garage rounds out the practical features that make this home as functional as it is comfortable. Location is everything here: you're just minutes from the Sally Milligan trails, with easy convenience to the commuter rail and Route 128 for commuters. Spend your weekends at Lynch Park or Dane Street Beach, both just a short drive away. And it doesn't hurt that Beverly was recently named one of the hottest ZIP codes in the country. Open House Friday 4-6, Saturday and Sunday 11-1. Any offers reviewed Tuesday at 12noon.
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 3,905 sq ft principal dwelling). Lot size: 24,480 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 • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First22.5 x 22.083333333
Coffered Ceiling(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl First14.333333333 x 13
Flooring - Hardwood, Recessed Lighting, Wainscoting, Crown Molding, Decorative Molding
Kitchen
Lvl First14.833333333 x 13.833333333
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Crown Molding
Office
Lvl Second23.666666666 x 15.166666666
Flooring - Wood, Recessed Lighting
Family Room
Lvl First23.333333333 x 15.083333333
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Crown Molding
Primary Bedroom
Lvl Second19.25 x 14.416666666
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Attic Access, Recessed Lighting
Bedroom 2
Lvl Second12.166666666 x 11.416666666
Bedroom 3
Lvl Second13 x 11.5
Closet, Flooring - Hardwood
Bedroom 4
Lvl First14.416666666 x 13.75
Closet, Flooring - Hardwood
Bathroom 1
Lvl First6.166666666 x 5.166666666
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second16.666666666 x 7.583333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Soaking Tub
Bathroom 3
Lvl Second8.083333333 x 7.416666666
Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Gretchen Berg
Listing Office: J. Barrett & Company
MLS® Number: 73577065