5 Walcott Rd Danvers — Photo 1 of 30
$569,000
Investment Analysis — 5 Walcott Rd
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 4.14% cap rate and $23,546/yr in estimated NOI at the $569,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,354
Style
Single Family
Built
1928
Welcome to this charming Colonial nestled in desirable Danvers. Enter through a spacious mudroom into a phenomenal floor plan designed for comfortable living and entertaining.The first floor features a welcoming living room, formal dining room, kitchen, and a dedicated home office, along with a convenient half bath. Upstairs, you’ll find three bedrooms and a full bath, complemented by beautiful hardwood floors and classic period molding that add timeless character throughout the home.The kitchen provides easy access to the fenced-in yard, one-car garage, and side yard, which offers a large garden area—perfect for gardening enthusiasts or creating your own outdoor oasis.There’s a lot to love at this price point! Conveniently located near shopping, downtown Danvers Square, and wonderful local restaurants, this home offers both charm and convenience.See all this delightful home 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: 677 sq ft (the lesser of 900 sq ft or half the 1,354 sq ft principal dwelling). Lot size: 8,869 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
Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Bike Path • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 11
Flooring - Laminate
Dining Room
Lvl First13 x 11
Open Floorplan, Decorative Molding
Kitchen
Lvl Main,First12 x 8
Pantry, Exterior Access
Office
Lvl MainMaster Bedroom
Lvl Second13 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second12 x 10
Bedroom 3
Lvl Second12 x 8
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - With Tub & Shower
Listing Agent: Kathryn Tully
Listing Office: Century 21 North East
MLS® Number: 73572245
