32 Massachusetts Ave. Danvers — Photo 1 of 32
Recent Drop: $20,000
$679,000
Investment Analysis — 32 Massachusetts Ave.
Danvers, MA 01923 — Woodvale
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 3.44% cap rate and $23,363/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,032
Style
Single Family
Built
1959
*PRICE IMPROVEMENT* Welcome to easy, one-level living in the desirable Woodvale neighborhood! This bright, clean, and inviting 3-bedroom ranch is ideally situated on a spacious corner lot of nearly half an acre. The welcoming open floor plan creates an effortless flow throughout the home, with the kitchen connecting to the versatile den/dining room — perfect for entertaining, working from home, or relaxing with family and friends. Step outside to enjoy the private, fully fenced backyard, offering the perfect setting for summer gatherings, gardening, play, or simply unwinding at the end of the day. Ideally located near local schools, including Danvers High School (0.3 miles), Thorpe Elementary School (0.8 miles), and Holten-Richmond Middle School (1 mile). A wonderful opportunity to enjoy comfortable one-level living in a fantastic Danvers location — come make this home your own!
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: 516 sq ft (the lesser of 900 sq ft or half the 1,032 sq ft principal dwelling). Lot size: 19,179 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Vinyl, Window(s) - Bay/Bow/Box, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Vinyl, Open Floorplan
Kitchen
Lvl Main,FirstFlooring - Vinyl, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan
Master Bedroom
Lvl FirstCeiling Fan(s), Flooring - Vinyl
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Flooring - Vinyl
Bathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile
Property History
$679,000
Was $699,000
Aug 31, 2026
MLS® 73564402
$699,000
Aug 17, 2026
MLS® 73564402
Listing Agent: Holly Baldassare
Listing Office: J. Barrett & Company
MLS® Number: 73564402