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27 Days on market
58 River St #1 Danvers — Photo 1 of 41

58 River St #1 Danvers — Photo 1 of 41

$1,545,000

Investment Analysis — 58 River St #1

Danvers, MA 01923 — Danversport

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 0.44% cap rate and $6,735/yr in estimated NOI at the $1,545,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,424

Style

Condominium

Built

2014

LIVE ON THE DANVERS RIVER — PRIVATE DOCK • ELEVATOR • GARAGE • WATERFRONT Rarely does an opportunity like this become available in Danvers. Welcome to 58 River Street #1 at Mariner’s Point, an exceptional waterfront townhouse offering breathtaking Danvers River views, private dock access and an effortless luxury lifestyle in one of the North Shore’s most distinctive waterfront communities. From the moment you enter, the water takes center stage. A dramatic wall of glass floods the open living and dining areas with natural light while framing constantly changing views of the Danvers River. The beautifully appointed kitchen features upgraded cabinetry, granite countertops, stainless steel appliances, island seating and a wine chiller, creating an ideal setting for both everyday living and entertaining. The second level offers three bedrooms, including a spectacular primary suite overlooking the river. The primary bath features a double vanity, soaking tub and beautifully tiled shower. An elevator provides convenient access between levels, while Brazilian hardwood flooring, a gas fireplace, central air and thoughtfully designed finishes add to the comfort and sophistication throughout. But the real luxury is outside your door. Enjoy private dock access for boating, kayaking, fishing or simply sitting by the water and watching the seasons change. Mariner’s Point is an intimate community of just 11 residences, offering a rare combination of privacy, waterfront living and convenience. With a one-car garage, additional parking and easy access to area amenities, this is an exceptional opportunity to own a true waterfront lifestyle property in Danvers. Come for the views. Stay for the lifestyle.

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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$1,545,000
Annual Taxes$14,179
HOA Fee$712

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringHardwood
BasementN

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic, Shared Well
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

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

Neighborhood

Park • Conservation Area • Highway Access • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
Main
Dining RoomKitchenFamily Room
Main,First
Bathroom 1
Dining Room
Lvl Main

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting, Lighting - Pendant, Crown Molding, Flooring - Engineered Hardwood

Kitchen
Lvl Main

Bathroom - Half, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Wine Chiller, Lighting - Pendant, Crown Molding, Flooring - Engineered Hardwood

Family Room
Lvl Main

Ceiling Fan(s), Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Flooring - Engineered Hardwood

Master Bedroom
Lvl Second

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Double Vanity, Flooring - Engineered Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Window(s) - Bay/Bow/Box, Recessed Lighting, Flooring - Engineered Hardwood

Bathroom 1
Lvl Main,First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Recessed Lighting

Listing Provided By

Listing Agent: Steven Graczyk

Listing Office: J. Barrett & Company

MLS® Number: 73564340