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501 Cabot St Unit 2, Beverly, MA, 01915

2beds
3baths
1,706sqft
$614,900
$360price/sqft
$4,212/moest. monthly cost
$168,480/yrincome needed

About This Home

NEW PRICE! Great opportunity to own a spacious townhouse -style condo in Downtown Beverly on Cabot St. (Rt. 1A), Offering Approx. 1,700 sq. ft. of flexible living space, this home features an open floor plan, hardwood floors, gas fireplace, central air, and two-car garage. the upper level offers a primary bedroom with vaulted ceilings, walk-in closet, and full bath with double vanity and soaking tub. Additional finished lower-level space provides flexibility for office, exercise, guest, or bonus room. Laundry area, storage space, and multiple levels of living provide flexibility for a variety of living arrangements. Conveniently located near local amenities, dining, shopping, and transportation options with easy access to the North Shore and Boston. Newly price! come see the possibilities this home has to offer.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

6/10
Briscoe Middle SchoolGrades 5-80.1 mi
6/10
Beverly High SchoolGrades 9-120.3 mi
7/10
Ayers/Ryal Side SchoolGrades K-41.0 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: Second Floor,In Unit

Bathroom1

  • Features: Bathroom - Double Vanity/Sink, Jacuzzi / Whirlpool Soaking Tub
  • Level: Third
  • Area: 98.4

Bathroom2

  • Features: Flooring - Stone/Ceramic Tile
  • Level: Third
  • Area: 47.599999999

Bathroom3

  • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Level: Second
  • Area: 18.04

Bedroom2

  • Features: Flooring - Wall to Wall Carpet
  • Level: Third
  • Area: 156.799999999

Bedroom3

  • Features: Flooring - Hardwood
  • Level: Second
  • Area: 160.06

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood, French Doors
  • Level: Second
  • Area: 154.88

Features

  • Office
  • Window features: Insulated Windows
  • Flooring: Carpet,Hardwood,Flooring - Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 1,706

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,706
  • Total interior livable area: 1,706 sqft

Kitchen

  • Features: Flooring - Wood, Dining Area, Countertops - Upgraded
  • Level: Second
  • Area: 116.439999999

Living Room

  • Features: Flooring - Hardwood
  • Level: Second
  • Area: 309.755

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Level: Third
  • Area: 285.57

Office

  • Features: Flooring - Wall to Wall Carpet
  • Level: First
  • Area: 133.859999999

Property

Details

  • Parcel number: 4613609
  • Zoning: CN

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 1

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
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Ice Storm
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 $3,109$37,308
Home Insurance *$184$2,208
Property Taxes $565$6,780
Electricity $354$4,259
Total$4,212$50,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,411/yr
40% on housing$126,360/yr
45% on housing$112,320/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

$360This 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
2026-08-15Price change$599,900
2026-05-21Listed for sale$614,900
2014-10-04Listing removed$1,200
2014-09-29Listed for rent$1,200
2007-04-26Sold$340,000

For Sale by Agent

AgentLiliana Davidson
BrokerageEA Realty Team

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