55 Endicott Street Danvers — Photo 1 of 25
$524,900
Investment Analysis — 55 Endicott Street
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 4.54% cap rate and $23,832/yr in estimated NOI at the $524,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,384
Style
Single Family
Built
1910
A stylish classic colonial in Danvers, easy to maintain for the busy professional & ideal for those starting out or individuals ready to downsize. For those who commute, this home is conveniently located to route 128 and only 22 miles (25 minutes drive) to downtown Boston. The location is central to fine dining, shopping, coastal activities including several marinas, public parks & only 30 miles to the New Hampshire border. The large fenced-in yard provides plenty of privacy and space for outdoor play and gardening. Versatile first floor offers plenty of options including a 4th bedroom with bathroom. Large kitchen has plenty of cabinets with beautiful granite countertops & stainless steel appliances including brand new washer & dryer. Gorgeous hardwood flooring on first level. There is plenty of storage in dry open basement. This Endicott Street location has plenty of off-street parking and is tucked perfectly into an area that provides easy access to it all. Open Houses: Saturday, Sept.12th 10:00-11:30 & Sunday, Sept.13th 11:30- 1:00.
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: 692 sq ft (the lesser of 900 sq ft or half the 1,384 sq ft principal dwelling). Lot size: 9,143 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Park • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11 x 15
Flooring - Hardwood
Dining Room
Lvl First11 x 6
Flooring - Hardwood
Kitchen
Lvl First14 x 13
Flooring - Stone/Ceramic Tile
Family Room
Lvl First11 x 12
Flooring - Hardwood
Master Bedroom
Lvl Second11 x 12
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second11 x 10
Bedroom 3
Lvl Third11 x 10
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First8 x 4
Bathroom - With Shower Stall
Bathroom 2
Lvl Second8 x 7
Bathroom - With Tub & Shower
Listing Agent: Carrie Cole
Listing Office: WC Residential Realty, LLC
MLS® Number: 73572471