13 Parsons Dr
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by Compass | $849,000 | |
| Listed by Compass | |||
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Welcome to 13 Parsons Drive, a charming 3 bed/2 bath Cape nestled in the heart of The Cove, one of Beverly’s most coveted neighborhoods. Ideally located just moments from the ocean and downtown, this home offers the perfect blend of coastal living and everyday convenience. The open-concept layout features a gas stove, hardwood floors, abundant natural light, and a seamless flow from the expansive living and dining area to a kitchen with granite countertops, stainless steel appliances, and a large island. The spacious three-season sun-room opens to a large deck complete with an outdoor shower, perfect for summer gatherings after a day at the beach. A first-floor bedroom and full bath provide main-level living convenience, while upstairs offers two additional bedrooms and a full bath. The finished lower-level allows flexibility for additional living space, a home office or gym. Enjoy easy access to shops, dining, beaches, parks, the commuter rail, and highways!
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| Apr 21, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by J. Barrett & Company | $579,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017