83 R Hobart #B5 Danvers — Photo 1 of 8
$329,900
Investment Analysis — 83 R Hobart #B5
Danvers, MA 01823
Based on HUD Small Area Fair Market Rent, a 2-bedroom in 01823 carries an estimated $2,300/mo in gross rent — about a 3.65% cap rate and $12,036/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
880
Style
Condominium
Built
1968
This two-bedroom open-concept living and dining area provides a bright and welcoming space, with sliding glass doors leading to a private balcony—perfect for relaxing outdoors. Both bedrooms are generously sized and offer ample closet space. Ideally located near shopping, dining, and transportation, this move-in-ready condo offers comfortable, affordable, and low-maintenance living. The condominium fee includes heat and hot water, adding even more value and convenience. Property is virtually staged.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl ThirdKitchen
Lvl ThirdMaster Bedroom
Lvl ThirdBedroom 2
Lvl ThirdBathroom 1
Lvl ThirdListing Agent: Eve Katz
Listing Office: Diamond Key Real Estate
MLS® Number: 73570235
