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    Property profile & analytics

    278 Cabot St Beverly, MA 01915-1386

    • Investment properties
    • 11,636 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $3,660,000
    Last Sale
    Aug 19, 2022
    $3,800,000
    Location Intelligence
    Property ID
    US38-0428510
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 278 Cabot St

    Year built
    1890
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    11,636 SF
    Zone code
    CC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BEVE M:0011 B:0313 L:
    APU
    BEVEM0011B0313L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,855,000
      6.5%
      $3,780,000
      7%
      $3,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,385,000
      Geo Method
      $4,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,220,000
      Retail
      $3,560,000
      Mixed-Use
      $4,250,000
      Hospitality
      $3,850,000
      Educational
      $3,330,000
      Residential Income
      $3,570,000
      Energy
      $3,180,000
      Income-Based Land
      $3,215,000
      Food Service
      $3,595,000

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8785
    Latitude
    42.5507
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $344,800
    $2,728,100
    $3,072,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,335 SF

      332 Rantoul St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,335 SF
      332 Rantoul St, Beverly, MA 01915-4365
      View Details
    • Value Estimation by Request
      3,144 SF

      338-342 Rantoul St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,144 SF
      338-342 Rantoul St, Beverly, MA 01915
      View Details
    • Value Estimation by Request
      1,814 SF

      40 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,814 SF
      40 Ww St, Beverly, MA 01915-2226
      View Details
    • Value Estimation by Request
      7,299 SF

      20 Cabot St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,299 SF
      20 Cabot St, Beverly, MA 01915-4835
      View Details
    • Value Estimation by Request
      21,038 SF

      201 Cabot St

      OFFICE/RESIDENTIAL (MIXED USE) • 21,038 SF
      201 Cabot St, Beverly, MA 01915
      View Details
    • Value Estimation by Request
      3,706 SF

      719-721 Hale St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,706 SF
      719-721 Hale St, Beverly, MA 01915
      View Details

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    Similar Nearby for Lease

    • $1.00 SF/Yr

      Restaurant Space Near Beverly Depot

      Second generation quick serve pizzeria space for rent.
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    • $375 /Mo

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      Office space for rent in a vibrant West Street location.
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      Office space for rent in a vibrant West Street location.
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      View Details
    • $595 /Mo

      Beverly Farms Office Space Available

      Office space for rent in a vibrant West Street location.
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      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Suite in Cabot Plaza

      1,200 SF retail suite in downtown Beverly.
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    • $4,000 /Mo

      Turn-Key Restaurant in Downtown Beverly

      Open-concept restaurant space available for lease in downtown Beverly.
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      View Details
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    278 Cabot St
    Beverly, MA 01915-1386
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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