
59 Riverview Ave Danvers — Photo 1 of 36
$1,249,900
Investment Analysis — 59 Riverview Ave
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 1.34% cap rate and $16,749/yr in estimated NOI at the $1,249,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
2,398
Style
Single Family
Built
2022
Set at the end of a dead-end street in Danversport, this 2022-built Colonial offers river views, and 2,398 square feet of living space with 3 bedrooms and 3.5 baths. The property enjoys frontage along the river and marsh, creating a distinctive waterfront setting while remaining convenient to Danvers amenities. The main living level features an open layout with hardwood flooring and a kitchen designed around a large island, stone countertops, upgraded cabinetry, stainless steel appliances, pantry, and wine chiller. Just off the kitchen is a spacious living room with a fireplace, and the dining area opens to the composite deck overlooking the water. A separate bonus room/dining room with custom built-ins and wet bar adds another flexible gathering space. Upstairs are three hardwood-floored bedrooms, including a primary bedroom with a walk-in closet and en-suite bathroom. Conveniently located laundry and a second bathroom complete the upstairs level. The finished walkout lower level provides additional living space, including a 3/4 bath and exterior access. Outside, a composite deck, patio, yard, and river views take full advantage of the waterfront setting.This Danversport property offers a setting that is difficult to replicate, while enjoying easy access to Danvers Square, local marinas, and major commuter routes.
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 2,398 sq ft principal dwelling). Lot size: 10,598 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.
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second15 x 13.666666666
Flooring - Hardwood, Slider, Lighting - Overhead
Dining Room
Lvl Second13.416666666 x 13.916666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, Wet Bar
Kitchen
Lvl Second16.666666666 x 12.333333333
Bathroom - Half, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Lighting - Overhead
Master Bedroom
Lvl Third13.5 x 16.75
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Third10.083333333 x 12.25
Bedroom 3
Lvl Third13.416666666 x 12.666666666
Closet, Flooring - Hardwood
Bathroom 1
Lvl First9.75 x 5.833333333
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second5.833333333 x 5.5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Third7.833333333 x 8.166666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$1,249,900
Sep 8, 2026
MLS® 73573065
$1,270,000
Aug 29, 2026
MLS® 73550811
$1,270,000
Jul 16, 2026
MLS® 73550811
$1,349,000
Mar 27, 2026
MLS® 73437840
$1,349,000
Oct 1, 2025
MLS® 73437840
Listing Agent: Pizzo Johanson Team
Listing Office: Aluxety
MLS® Number: 73573065
