Active
38 Days on market
21 Burroughs St Danvers — Photo 1 of 27

21 Burroughs St Danvers — Photo 1 of 27

Recent Drop: $46,000

$675,000
$629,000

$629,000

Investment Analysis — 21 Burroughs St

Danvers, MA 01923 — The Island

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 3.82% cap rate and $24,008/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,078

Style

Single Family

Built

1915

Don't overlook this rare opportunity to live on "The Island," a hidden gem tucked away on a friendly cul-de-sac surrounded by woods, Mill Pond, and a peaceful stream. Minutes from Endicott Park, Danvers Rail Trail, library, Tapley Park, Danvers Square, and many shops and restaurants. The first floor of this home features a spacious country kitchen that opens to the dining area, creating an inviting space for everyday living and entertaining. The living room offers a comfortable gathering place, while a first-floor bedroom with an ensuite bath provides flexible one-level living. Currently, the laundry is conveniently located in this bedroom but can readily be relocated to the basement to restore closet space. Upstairs are two generously sized bedrooms and a full bath. The finished lower level adds even more versatility with a game room and a separate home office—ideal for work, hobbies, or additional living space. Step outside to a fenced backyard featuring an in-ground pool, perfect for relaxing, entertaining, and making the most of summer. With a little TLC, this home will truly shine!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,078 sq ft principal dwelling). Lot size: 4,182 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

Original Price$675,000
Annual Taxes$5,450

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingBaseboard, Natural Gas, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationSlab
ZoningR1

Property & Lot

Acres0.1
SqFt Lot4,182
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Basement
Office
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

Coffered Ceiling(s), Flooring - Stone/Ceramic Tile, Balcony / Deck, Exterior Access, Slider, Gas Stove, Lighting - Overhead

Office
Lvl Basement

Flooring - Stone/Ceramic Tile, Recessed Lighting

Master Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Bathroom - 3/4, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - 3/4, Bathroom - With Shower Stall, Lighting - Sconce

Bathroom 2
Lvl Second

Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Property History

Price Drop
$629,000

Was $655,000

Sep 10, 2026

MLS® 73559549

Price Drop
$655,000

Was $675,000

Aug 20, 2026

MLS® 73559549

Listed
$675,000

Aug 5, 2026

MLS® 73559549

Listing Provided By

Listing Agent: Emily Gaffney

Listing Office: Coldwell Banker Realty - Marblehead

MLS® Number: 73559549