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2 Days on market
128 Collins St Danvers — Photo 1 of 22

128 Collins St Danvers — Photo 1 of 22

$649,999

Investment Analysis — 128 Collins St

Danvers, MA 01923

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 3.54% cap rate and $23,025/yr in estimated NOI at the $649,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,817

Style

Single Family

Built

1950

Welcome to this charming Cape-style home conveniently located near the Liberty Tree Mall, offering easy access to shopping, dining, and everyday amenities. This 3-bedroom, 2-bath home features a versatile layout and an inviting in-ground pool, perfect for entertaining and enjoying the warmer months. A large enclosed composite deck overlooking the pool provides an ideal space for outdoor dining, entertaining, or relaxing while enjoying the private backyard setting. The home offers versatile living space that is ideal for multigenerational living, or guest accommodations. The large family room provides valuable additional living and entertaining space. A sink is present in the family room but is not currently hooked up, offering an opportunity for the new owner to customize the space to suit their needs. Recent updates include a roof replaced approximately three years ago, a 3-year-old custom fence, a hot water heater replaced last winter, heating system 10 years old, and a pool filtration system replaced last year. With its versatile floor plan, enclosed composite deck, in-ground pool, convenient location, and numerous recent updates, this Cape-style home offers an excellent opportunity to create a home tailored to your lifestyle. Mini split in bedroom provides heating and cooling. There are 2 driveways to house 8-9 cars.

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 1,817 sq ft principal dwelling). Lot size: 9,740 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$649,999
Annual Taxes$6,433.25

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Hardwood
BasementUnfinished

Climate & Utilities

HeatingNatural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningR1

Property & Lot

Acres0.22
SqFt Lot9,740
Lot Features--

Amenities & Appliances

Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBathroom 1
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Laminate, Cabinets - Upgraded, Stainless Steel Appliances

Family Room
Lvl First

Ceiling Fan(s), Flooring - Laminate

Primary Bedroom
Lvl First

Ceiling Fan(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - 3/4

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Mary Medeiros

Listing Office: Charlesgate Realty Group LLC

MLS® Number: 73580368