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8 May St, Beverly, MA, 01915

2beds
2baths
1,200sqft
$644,900
$537price/sqft
$4,390/moest. monthly cost
$175,600/yrincome needed

About This Home

This lovely and convenient home is your retreat in the heart of coastal Beverly. It is ready for immediate occupancy, with modern updates including mini split heat and a/c units and smart water heater. The layout invites flexibility, with 2 full baths, spacious living room, eat in kitchen, and bedrooms on the main and upper levels. A finished lower level room is currently used as 3rd bedroom. The generous upstairs bedroom has an in suite bathroom and is accessed via a separated mudroom, giving it potential as an in-law suite. Hardwood floors accent the living room and bedrooms. The kitchen features granite countertops, stainless steel appliances, in-sink disposal and water filter, and a slider to a small deck. The fully fenced yard includes mature fruit and native tree plantings. This home is in a truly walkable community and is less than a 10 minute walk to beaches and restaurants, and less than 15 minute walk to the train. 2 off street parking spots. Laundry in basement.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

6/10
Briscoe Middle SchoolGrades 5-81.5 mi
6/10
Beverly High SchoolGrades 9-121.4 mi
8/10
Hannah Elementary SchoolGrades K-41.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (See Remarks)
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Range,Dishwasher,Disposal,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Walk-Out Access,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Wood
  • Finished area above ground: 1,200

Heating & Cooling

  • Heating features: Baseboard,Heat Pump,Natural Gas
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: M:0005 B:289A L:,4180784
  • Zoning: CC
  • Exclusions: Dryer,Washer,Freezer Are Negotiable.

Features

  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio,Fenced Yard,Garden
  • Fencing: Fenced

Lot

  • Lot size: 2,100 sqft
  • Features: Easements,Gentle Sloping

Parking

  • Total spaces: 2
  • Parking features: Off Street,Deeded
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,260$39,120
Home Insurance *$193$2,316
Property Taxes $583$6,996
Electricity $354$4,259
Total$4,390$52,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,514/yr
40% on housing$131,700/yr
45% on housing$117,066/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$537This listing

vs Other Active Listings

Avg $/sqft

ZIP 01915$452
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01915$446
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$629,900
2026-06-23Price change$644,900
2026-05-29Listed for sale$659,000
2019-10-18Sold$375,000
2013-08-08Sold$275,000
2013-07-03Pending sale$265,000
2013-06-28Listed for sale$265,000
2013-04-26Sold$145,000
2012-05-23Sold$194,637
2012-03-14Listed for sale$157,000
2005-03-21Sold$243,900

For Sale by Agent

AgentLisa Berry
BrokerageSimply Sell Realty

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