Active

4 Days on market

15 Bow Danvers — Photo 1 of 39

$725,000

Investment Analysis — 15 Bow

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 3.19% cap rate and $23,122/yr in estimated NOI at the $725,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,099

Style

Single Family

Built

1953

Welcome to this beautiful turnkey home in Danvers! Offering an exceptional blend of comfort, versatility, and indoor/outdoor living! This inviting 3 bedroom, 2 bath home is move in ready and designed to accommodate both everyday living and entertaining. The finished lower level expands your living possibilities with a second kitchen, offering incredible flexibility for guests, extended living, entertaining, or a variety of lifestyle needs. Step outside through the heated and cooled enclosed sunroom and discover your own private outdoor retreat, featuring professional landscaping, a fenced in yard, in ground pool, and charming koi pond. The sunroom creates a seamless transition to the outdoors and provides a comfortable space to enjoy the backyard in every season. With spacious living areas, flexible lower level space, a heated and cooled enclosed sunroom, professionally landscaped fenced in yard, in ground pool, and tranquil koi pond, this home offers the versatility, comfort, and outdoor amenities today's buyers are looking for. A wonderful opportunity to settle into a home that is truly ready to enjoy!

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 2,099 sq ft principal dwelling). Lot size: 8,712 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.