
33 Putnam St Danvers — Photo 1 of 38
$759,900
Investment Analysis — 33 Putnam St
Danvers, MA 01923 — Danvers Center
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 2.97% cap rate and $22,591/yr in estimated NOI at the $759,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,203
Style
Single Family
Built
1895
Welcome to this charming 3-bedroom, 2-full-bath home tucked away at the end of a quiet dead-end street, just moments from downtown Danvers and abutting the Danvers Rail Trail. The first floor offers a wonderful flow with multiple living options, including a cozy sitting room with exposed brick that would also make an ideal home office. The spacious kitchen features a large center island, ample cabinetry, and a dedicated dining area with raised ceilings and multiple skylights that fill the space with abundant natural light. Two fireplaces add warmth and character, while hardwood floors run throughout the home.Upstairs, the generously sized primary bedroom features vaulted ceilings, creating an impressive sense of space, along with two additional bedrooms and a full bathroom. Three newer mini-splits provide efficient cooling throughout the home. Outside, enjoy a great backyard complete with a hot tub—perfect for relaxing or entertaining. With its desirable downtown location, easy access to the Rail Trail, walkability, quiet setting, and flexible living spaces, this home offers a fantastic opportunity to enjoy all that Danvers has to offer.
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 2,203 sq ft principal dwelling). Lot size: 7,362 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Bike Path • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.083333333 x 14.166666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors
Dining Room
Lvl First9.083333333 x 15.75
Skylight, Vaulted Ceiling(s), Flooring - Hardwood, French Doors, Chair Rail, Open Floorplan, Lighting - Overhead, Beadboard
Kitchen
Lvl Main,First13.083333333 x 17.833333333
Flooring - Hardwood, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Open Floorplan, Gas Stove, Lighting - Overhead
Family Room
Lvl First22.166666666 x 13.916666666
Ceiling Fan(s), French Doors, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Overhead
Master Bedroom
Lvl Second10.5 x 17.666666666
Bedroom 2
Lvl Second7.583333333 x 12.75
Bedroom 3
Lvl Second9.166666666 x 16.666666666
Bathroom 1
Lvl First4.416666666 x 8
Bathroom 2
Lvl Second9.166666666 x 8.75
Listing Agent: Gifford Group
Listing Office: Churchill Properties
MLS® Number: 73570785
