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8 Irving St Danvers — Photo 1 of 42

8 Irving St Danvers — Photo 1 of 42

$735,000

Investment Analysis — 8 Irving St

Danvers, MA 01923 — Tapleyville

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01923 carries an estimated $3,560/mo in gross rent — about a 3.48% cap rate and $25,596/yr in estimated NOI at the $735,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

1,662

Style

Single Family

Built

1953

Looking for your chance to own a home in sought-after Danvers? This charming and lovingly maintained 4 plus bedroom sits on a quiet cul-de-sac with a gorgeous, fenced-in backyard that offers privacy and ample space to unwind. Enter through the family room with custom built-in shelving, a fireplace for cozy winter nights, and exterior access to the yard. The eat-in kitchen connects to a formal dining room perfect for hosting and entertaining. The sun filled living room has potential to be a quiet retreat or an additional entertaining area. A convenient half bath and primary bedroom complete the main level. Upstairs you will find 4 bedrooms all with recently refinished hardwood floors along with a full bath and additional quarter bath with shower stall. Full basement provides plenty of storage and/or potential for refinishing. Oversized 2 car garage with overhead storage as well. The meticulously landscaped and maintained yard has irrigation, a patio area for a grill or fire pit, and tall hedgerow that creates a private refuge. Recent updates include: newer windows, water tank and boiler and 3 yr old roof. Close to library, shopping malls, parks, rail trail and convenient access to commuter routes. You do not want to miss this opportunity!

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: 831 sq ft (the lesser of 900 sq ft or half the 1,662 sq ft principal dwelling). Lot size: 9,278 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

Original Price$735,000
Annual Taxes$6,871

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.21
SqFt Lot9,278
Lot FeaturesCul-De-Sac, Level

Amenities & Appliances

Water Heater • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Master BedroomBedroom 5Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Main,First

Flooring - Hardwood

Dining Room
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Overhead

Kitchen
Lvl Main,First

Flooring - Hardwood, Dining Area, Lighting - Overhead

Family Room
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting, Closet - Double

Master Bedroom
Lvl First

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bedroom 5
Lvl First
Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - 1/4, Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Sheri & Erica Team

Listing Office: J. Barrett & Company

MLS® Number: 73572812