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9 Sheffield Road Danvers — Photo 1 of 40

9 Sheffield Road Danvers — Photo 1 of 40

$929,900

Investment Analysis — 9 Sheffield Road

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 2.30% cap rate and $21,367/yr in estimated NOI at the $929,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,931

Style

Single Family

Built

1960

At 9 Sheffield Road, Danvers, MA, an attractive single-family residence spanning 1931 square feet presents an exceptional opportunity for sophisticated living. This property, maintained in great condition, offers a compelling blend of classic design and contemporary amenities, crafted for discerning homeowners. The kitchen is equipped with stainless steel appliances, providing a functional and visually appealing space for culinary endeavors. Adjacent, the living room offers a comfortable atmosphere, centered around a fireplace that provides warmth and a focal point for gatherings. The large main bedroom suite has hardwood floors, expanded closet space, sliders to the deck and a first level laundry. The residence is complemented by a private yard, offering a tranquil retreat for relaxation or recreation. The expansive outdoor living space caters to alfresco entertainment, while the large mahogany deck extends the area. The attached two-car garage provides convenient and secure storage and workspace. This residence is poised to deliver an elevated living experience.

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 1,931 sq ft principal dwelling). Lot size: 10,498 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$929,900
Annual Taxes$8,091.26

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Carpet
BasementFull, Interior Entry, Bulkhead, Sump Pump, Concrete

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR2

Property & Lot

Acres0.24
SqFt Lot10,498
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

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

17 x 12

Flooring - Hardwood

Dining Room
Lvl First

13 x 12

Flooring - Hardwood, Wainscoting

Kitchen
Lvl First

14 x 12

Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded

Family Room
Lvl First

20 x 12

Flooring - Vinyl, Exterior Access

Master Bedroom
Lvl First

19 x 12

Flooring - Hardwood

Bedroom 2
Lvl Second

15 x 12

Bedroom 3
Lvl Second

15 x 13

Flooring - Wall to Wall Carpet, Attic Access

Bathroom 1
Lvl First

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Patricia White

Listing Office: Century 21 North East

MLS® Number: 73572723