107 Sylvan St Danvers — Photo 1 of 37
$749,000
Investment Analysis — 107 Sylvan St
Danvers, MA 01923
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 $26,079/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,924
Style
Single Family
Built
1900
Welcome home! This charming single-family home blends comfortable living with outdoor enjoyment, inside and out. Step into the backyard oasis: a new composite deck, a patio with gazebo perfect for entertaining or quiet evenings, an oversized garage with extra storage, ample driveway parking and a backyard area. Inside, the eat-in kitchen is the heart of the home, featuring a breakfast bar with pendant lighting, a walk-in pantry, abundant cabinetry, and a convenient 3/4 bathroom just off the kitchen. A flexible bonus room off of the dining room is currently used as a fourth bedroom, but works equally well as a family room or home office. Rounding out the main floor are a traditional dining room and a living room that welcomes you towards the front entrance. Upstairs you'll find three bedrooms, a large full bathroom with a separate tub and shower, and a separate laundry room for added convenience. Don't miss out on this great opportunity in a location that speaks for itself! Open House September 5th from 1:00pm to 3:00pm
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 1,924 sq ft principal dwelling). Lot size: 10,001 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Window(s) - Picture
Dining Room
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Kitchen
Lvl Main,FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Pantry, Deck - Exterior, Exterior Access, Recessed Lighting, Storage, Lighting - Overhead
Master Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Picture
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Vinyl, Window(s) - Picture
Bedroom 4
Lvl SecondCeiling Fan(s), Closet, Flooring - Vinyl, Window(s) - Picture
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Angel Cordero
Listing Office: Elia Realty Group, Inc
MLS® Number: 73568305