The Cabot Collection, Beverly MA 01915
Beverly, MA 01915
$21,500,000
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Sale Statistics
Sale Overview
Original List Price:
$22,000,000
Final Sale Price:
$21,500,000
Difference:
$500,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
-273
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$418
Sale $/sq ft:
$409
This property sold for $409 per square foot
Sale Summary
This property sold for 2.3% below the original asking price.
With only -273 days on market, this was a quick sale compared to typical market conditions.
About this home
The Cabot Collection includes 8 properties located at 39 Railroad Ave, 5 Pleasant St, and 62, 64, 66, 80, 84 and 130 Cabot St. The Portfolio consists of 3 commercial units, 8 Studio units, (42) 1-Bed units, (22) 2-Bed units, and (2) 3-Bed units, for a total of 77 units centered around Cabot Street in Downtown Beverly, which satisfies the high demand for workforce housing in the Boston/North Shore real estate market. Over the last several years, approximately 68 of the 77 units have been renovated, and more than half of the properties feature newer roofs, most common areas have been cosmetically upgraded and many of the kitchens have been redone with modern upgrades. The opportunity exists to continue with the programmatic upgrade of the residential units to push rental rates in a high demand/limited supply market. The Cabot Collection offers investors the rare opportunity to acquire a critical mass of investment properties in a supply-constrained downtown market within the Boston MSA.
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Property History
Market Insights
2.3%
Price Range
Property Timeline
Listed for Sale
Jun 2, 2026
$22,000,000
Original listing
Agent: Stephen Girolamo
Office: Horvath & Tremblay
Sold
Apr 17, 2026
$21,500,000
Property sold
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/02/2026 | 🏠 Listed for Sale | $22,000,000 | - | - | Original listing |
| 04/17/2026 | ✓ Sold | $21,500,000 | - | - | Property sold |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $194,667 | — |
Financial Details
Annual Property Tax
$194,667
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1890
Living Area
52,603 sq ft
Lot Size
1.09 acres
Investment Metrics
Gross Income
$1,926,312
Net Operating Income
$1,318,605
Operating Expenses
$607,707
Cap Rate
5.99%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Asphalt/composition Shingles, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$194,667
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
The Cabot Collection Was Previously Offered As A Multi-family Listing #73416629.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Sold
Year Built
1890
Living Area
52,603 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Asphalt/Composition Shingles, Rubber
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Beverly School District local
B+
School Safety
2024-25
1.3%
Average
1.3%
Suspensions
1.3%
In-School
4.2% below state avg
Elementary Schools
10 schools
Children's Center for Communication School
0.8 mi
Grades PK-12
Harborlight-Stoneridge Montessori School
1.2 mi
Grades PK-08
Shore Country Day School
1.3 mi
Grades PK-09
The Saints Academy
1.3 mi
Grades PK-08
Hopeful Journeys Educational Center
1.6 mi
Grades PK-12
Landmark School
1.6 mi
Grades PK-12
Waldorf School at Moraine Farm
2.3 mi
Grades PK-08
New England Academy School
2.4 mi
Grades 05-12
Glen Urquhart School
3.4 mi
Grades K-08
Bright Horizons
0.6 mi
Grades PK-K
Middle Schools
1 school
B+
Beverly Middle School
1.1 mi
|
#141 of 352
|
Score: 45.2
Improved 23 spots from last year
-13 below state avg
1,417 students
Moderate
Rising School
Grades 05-08
High Schools
2 schools
Waring School
2.1 mi
Grades 06-12
B
Beverly High School
0.9 mi
|
#155 of 346
|
Score: 55.6
Dropped 45 spots from last year
-2.6 below state avg
1,181 students
Moderate
17 sports
• 1,774 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Location
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Neighborhood
The Cabot Collection, Beverly MA 01915
Beverly, MA 01915
Listing Information
Listing Agent
Stephen Girolamo
Listing Office
Horvath & Tremblay
Office Phone
781-776-4000
Agent MLS ID
CN227795
Office MLS ID
AN2723
Listing Data Updated
Jun 2, 2026 4:52 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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