Active Under Contract
17 Days on market
16 Wenham Street Danvers — Photo 1 of 39

16 Wenham Street Danvers — Photo 1 of 39

$649,900

Investment Analysis — 16 Wenham Street

Danvers, MA 01923

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01923 carries an estimated $3,230/mo in gross rent — about a 3.63% cap rate and $23,585/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,277

Style

Single Family

Built

1926

This Danvers Gambrel pairs distinctive character with a location that puts recreation, town amenities and major routes within easy reach. Putnamville Park and access to the Danvers Rail Trail are nearby, with the trail connecting to Downtown Danvers and neighboring communities, while Route 1, Route 128 and I-95 provide access throughout the North Shore. Inside, the main level offers a bright living and dining area with engineered hardwood flooring and recessed lighting, complemented by a spacious kitchen with stainless steel appliances, generous cabinetry and plenty of prep space. Three bedrooms occupy the second floor, along with a tiled full bath featuring a skylight, while a second full bath and laundry are located on the first floor. Central air adds comfort, and the unfinished walkout basement provides useful storage and future possibilities. Outdoors, a wood deck extends into the fenced yard with garden space, stonework and a storage shed, creating a private setting for relaxing or entertaining. With Downtown Danvers, Endicott Park, the Rail Trail and North Shore destinations all within reach, this home offers a strong combination of character, function and location.

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: 639 sq ft (the lesser of 900 sq ft or half the 1,277 sq ft principal dwelling). Lot size: 3,210 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.

Immersive Experience

Property Details

Financials

Original Price$649,900
Annual Taxes$5,873

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Concrete, Hardwood
BasementWalk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationStone, Granite
ZoningR3

Property & Lot

Acres0.07
SqFt Lot3,210
Lot Features--

Amenities & Appliances

Electric Water Heater • Water Heater

Neighborhood

Public Transportation • Shopping • Park • Highway Access • House of Worship • Marina

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchenBathroom 2
Living Room
Lvl First

13 x 15

Flooring - Hardwood, Cable Hookup, Recessed Lighting

Dining Room
Lvl First

13 x 7

Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl First

14 x 11

Flooring - Stone/Ceramic Tile, Recessed Lighting, Stainless Steel Appliances

Master Bedroom
Lvl Second

14 x 10

Closet, Flooring - Hardwood, Cable Hookup, Recessed Lighting

Bedroom 2
Lvl Second

14 x 11

Bedroom 3
Lvl Second

11 x 11

Closet, Flooring - Hardwood, Cable Hookup, Recessed Lighting

Bathroom 1
Lvl Second

11 x 7

Bathroom - Full, Bathroom - Tiled With Tub, Skylight, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 2
Lvl First

6 x 7

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting

Listing Provided By

Listing Agent: Paul Coleman

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73568239