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4 Days on market
59 Riverview Ave Danvers — Photo 1 of 36

59 Riverview Ave Danvers — Photo 1 of 36

$1,249,900

Investment Analysis — 59 Riverview Ave

Danvers, MA 01923 — Danversport

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 1.34% cap rate and $16,749/yr in estimated NOI at the $1,249,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,398

Style

Single Family

Built

2022

Set at the end of a dead-end street in Danversport, this 2022-built Colonial offers river views, and 2,398 square feet of living space with 3 bedrooms and 3.5 baths. The property enjoys frontage along the river and marsh, creating a distinctive waterfront setting while remaining convenient to Danvers amenities. The main living level features an open layout with hardwood flooring and a kitchen designed around a large island, stone countertops, upgraded cabinetry, stainless steel appliances, pantry, and wine chiller. Just off the kitchen is a spacious living room with a fireplace, and the dining area opens to the composite deck overlooking the water. A separate bonus room/dining room with custom built-ins and wet bar adds another flexible gathering space. Upstairs are three hardwood-floored bedrooms, including a primary bedroom with a walk-in closet and en-suite bathroom. Conveniently located laundry and a second bathroom complete the upstairs level. The finished walkout lower level provides additional living space, including a 3/4 bath and exterior access. Outside, a composite deck, patio, yard, and river views take full advantage of the waterfront setting.This Danversport property offers a setting that is difficult to replicate, while enjoying easy access to Danvers Square, local marinas, and major commuter routes.

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 2,398 sq ft principal dwelling). Lot size: 10,598 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.

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Open Houses

Property Details

Financials

Original Price$1,249,900
Annual Taxes$12,709

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Engineered Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPrivate
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR2

Property & Lot

Acres0.24
SqFt Lot10,598
Lot FeaturesFlood Plain, Marsh

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBedroom 2Bedroom 3Bathroom 3
Second
Living RoomDining RoomKitchenBathroom 2
First
Bathroom 1
Living Room
Lvl Second

15 x 13.666666666

Flooring - Hardwood, Slider, Lighting - Overhead

Dining Room
Lvl Second

13.416666666 x 13.916666666

Closet/Cabinets - Custom Built, Flooring - Hardwood, Wet Bar

Kitchen
Lvl Second

16.666666666 x 12.333333333

Bathroom - Half, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Lighting - Overhead

Master Bedroom
Lvl Third

13.5 x 16.75

Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Third

10.083333333 x 12.25

Bedroom 3
Lvl Third

13.416666666 x 12.666666666

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

9.75 x 5.833333333

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

5.833333333 x 5.5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Third

7.833333333 x 8.166666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Listed
$1,249,900

Sep 8, 2026

MLS® 73573065

Expired
$1,270,000

Aug 29, 2026

MLS® 73550811

Listed
$1,270,000

Jul 16, 2026

MLS® 73550811

Expired
$1,349,000

Mar 27, 2026

MLS® 73437840

Listed
$1,349,000

Oct 1, 2025

MLS® 73437840

Listing Provided By

Listing Agent: Pizzo Johanson Team

Listing Office: Aluxety

MLS® Number: 73573065