Seller's Agent in 2025
Kevin Farrar
Atlantic Coast Homes,Inc
(978) 578-3448
7 in this area
60 Total Sales
343 Cabot St Beverly, MA 01915
Downtown Beverly Neighborhood
3
Beds
3
Baths
2,165
Sq Ft
4,060
Sq Ft Lot
Highlights
- Marina
- Community Stables
- Property is near public transit
- Golf Course Community
- Medical Services
- 3-minute walk to Bessie Baker Park
About This Home
As of August 2025Don't miss this rare opportunity to own a well-located three family property in the vibrant heart of downtown Beverly. This versatile building features three bedrooms and three full bathrooms, a bonus room on the first floor and over 2100 sq ft of space. Situated in a highly walkable neighborhood, you'll enjoy unbeatable access to restaurants, cafes, shops, grocery stores, and public transit—making this a sought-after address for tenants and owners alike. The property includes two separate driveways with parking for up to six cars, a valuable amenity in this bustling area. With two units currently occupied and one unit being delivered vacant, there's immediate upside potential. Whether you're looking to live in one unit while collecting rent, or you're an investor seeking to increase cash flow with cosmetic or capital improvements, this property is ready to perform. Join us for the open house or schedule your private showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,555
Year Built
- Built in 1915
Lot Details
- 4,060 Sq Ft Lot
- Near Conservation Area
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Slate Roof
Interior Spaces
- 2,165 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $2,725
- Assessor Parcel Number M:0020 B:0328 L:,4184051
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Additional Features
- 3 Units
- Net Operating Income $32,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2025
Closed on
Aug 19, 2025
Sold by
Scialdone Mark R
Bought by
Ansari Famitha F and Ansari Zakir H
Seller's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
Buyer's Agent
Nick Cuevas
Compass
List Price
$800,000
Sold Price
$750,000
Premium/Discount to List
-$50,000
-6.25%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.64%
Original Mortgage
$562,500
Outstanding Balance
$562,500
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$218,773
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $562,500 | New Conventional | |
| Previous Owner | $277,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $750,000 | -6.3% | $346 / Sq Ft |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $800,000 | -- | $370 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,555 | $687,400 | $355,200 | $332,200 |
| 2024 | $6,996 | $623,000 | $290,800 | $332,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Farrar
-
Nick Cuevas
Buyer's Agent in 2025
Nick Cuevas
Compass
(978) 395-6491
2 in this area
64 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73392439
APN: BEVE-000020-000328
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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