136 North St Danvers — Photo 1 of 40
$529,000
Investment Analysis — 136 North St
Danvers, MA 01923
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01923 carries an estimated $3,560/mo in gross rent — about a 4.84% cap rate and $25,613/yr in estimated NOI at the $529,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,638
Style
Single Family
Built
1991
Great opportunity to purchase in Danvers. Bring your vision and build your equity- this house awaits your touches to make it a home. Walk in to an open concept living/dining/kitchen area, perfect for entertaining family and friends. Sliders lead to a very large deck overlooking an abundance of nature. The main floor bedroom, with walk-in closet area, could be used as a family or play room if preferred. There is a full bathroom on the main level as well. Upstairs, there are three bedrooms with good closet space and another full bathroom. The large, unfinished, walk out basement could possibly be finished and provide additional living area. Roof, gutters and water heater are newer. Located within the sought after Smith School district. Easy access to Rte 1 and 95.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 819 sq ft (the lesser of 900 sq ft or half the 1,638 sq ft principal dwelling). Lot size: 30,300 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Picture, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Pendant
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Recessed Lighting
Master Bedroom
Lvl Main,FirstWalk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Judith Colarusso
Listing Office: LAER Realty Partners
MLS® Number: 73572816
