5 Trask Street Danvers — Photo 1 of 38
$614,000
Investment Analysis — 5 Trask 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 3.87% cap rate and $23,782/yr in estimated NOI at the $614,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,687
Style
Single Family
Built
1915
Welcome to this charming three-bedroom, one-and-a-half-bath Gambrel Colonial, conveniently located near Danvers Center with easy access to the highway. Step inside through the bright three-season porch and into a warm, inviting first floor featuring refinished hardwood floors, a spacious living room, dining room, eat-in kitchen, and convenient half bath. Upstairs, you’ll find three bedrooms, an updated full bath, and a separate flex space perfect for a home office, nursery, or additional storage. Recent improvements include a brand-new furnace in 2025, refinished hardwood floors, and updates to both bathrooms. Outside, the fenced-in backyard offers plenty of room to enjoy, along with a back porch and detached garage. Move-in ready today with plenty of opportunity to add your own style over time, this home offers a great combination of space, location, and potential in the heart of Danvers. Showings begin at first open house.
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: 844 sq ft (the lesser of 900 sq ft or half the 1,687 sq ft principal dwelling). Lot size: 4,000 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 • Range • Disposal • Microwave • Freezer • Washer • Dryer • ENERGY STAR Qualified Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13 x 12
Flooring - Hardwood, Window(s) - Picture, High Speed Internet Hookup
Dining Room
Lvl Main,First12 x 11
Flooring - Hardwood, Window(s) - Bay/Bow/Box, High Speed Internet Hookup, Lighting - Overhead
Kitchen
Lvl Main,First18 x 9
Flooring - Hardwood, Window(s) - Picture, Pantry, Exterior Access, High Speed Internet Hookup, Lighting - Overhead
Office
Lvl Second6 x 5
Closet - Cedar, Window(s) - Picture, Lighting - Overhead
Primary Bedroom
Lvl Second12 x 11
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture, High Speed Internet Hookup, Lighting - Overhead
Bedroom 2
Lvl Second11 x 10
Bedroom 3
Lvl Second10 x 9
Closet, Flooring - Hardwood, Window(s) - Picture, High Speed Internet Hookup, Lighting - Overhead
Bathroom 1
Lvl Second6 x 6
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl Main,First24 x 18
Bathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Erica Hojo
Listing Office: Fiv Realty Co.
MLS® Number: 73568699
