166 High Street Danvers — Photo 1 of 42
$1,375,000
Investment Analysis — 166 High Street
Danvers, MA 01923
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 01923 carries an estimated $8,100/mo in gross rent — about a 4.51% cap rate and $61,973/yr in estimated NOI at the $1,375,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
7
SqFt
5,458
Style
3 Family
Built
1810
The Captain Samuel Fowler Estate (1810), a nationally registered Federal Period masterpiece offering exceptional flexibility through the town’s adaptive reuse zoning, opening the door to office, business, or mixed-use possibilities. This legal three-family property has 5,400 sq ft with 14 rooms, six bedrooms (five en suite), six+ baths, and three kitchens. Rich in historic detail, the home features soaring ceilings, wainscoting, moldings, window seats, and nine fireplaces, seamlessly blended with modern updates. The main kitchen showcases a striking island with open hearth. Spacious grounds offer endless possibilities - perfect for inspiring the gardener in you and creating a beautiful setting for entertaining, and potential for a private venue space. Located across from Danversport Marina, the property includes a two-car garage, five off-street spaces, full basement, and attic. With a proven history of rental income and home business use, this is a rare opportunity! Near 95,128, Rt 1.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Range • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Shopping • Park • Highway Access • Marina • Sidewalks
Geography
Property History
$1,375,000
Apr 28, 2026
MLS® 73508307
$1,395,000
Dec 31, 2025
MLS® 73259081
$1,395,000
Dec 31, 2025
MLS® 73257790
$1,395,000
Jun 30, 2024
MLS® 73259081
$1,395,000
Jun 26, 2024
MLS® 73257790
Listing Agent: Julie Sagan
Listing Office: Sagan Harborside Sotheby's International Realty
MLS® Number: 73508307
