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184 Centre St. Danvers — Photo 1 of 40

184 Centre St. Danvers — Photo 1 of 40

$950,000

Investment Analysis — 184 Centre St.

Danvers, MA 01923

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01923 carries an estimated $3,560/mo in gross rent — about a 2.55% cap rate and $24,192/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

3,081

Style

Single Family

Built

1920

Before it became a home, it was a grand barn with horse stables. Its original beams & stable structure remain today, grounding the spaces with character you simply cannot recreate. In the 1970s, the original owner, a contractor, transformed it into a home for his family with an open layout, vaulted ceilings, floor to ceiling windows & skylights, long before those features were commonplace. At its heart is the original stone fireplace, a striking focal point in the living room, exposed on the other side to the family room, connecting both spaces while giving each a place to gather. The main residence offers three bedrooms & a full bath, with light pouring through skylights & tall windows. Look up at the beams & see its history. Look around & imagine the holidays, conversations & everyday family moments lovingly held here. The attached in-law apartment has its own vaulted ceiling, skylights, a generous bedroom, two full baths & a second kitchen. Extended family can stay close while enjoying their own space, cooking together or settling into separate routines. Thoughtful surprises include closets tucked into seemingly every nook, some so deep a child could imagine a secret tunnel. These details reflect the owner’s care for everyday life & add a sense of discovery. A custom sized garage, originally made for a Harley, offers another memorable detail for motorcycle enthusiasts. The private, expansive yard invites entire days outdoors. The thoughtfully placed in-ground pool makes summer an occasion, where family comes for a swim & stays into the evening. Across the yard, rich gardening soil, fruit bushes for berry picking & strong trees made for the kind of tire swing children remember long after they’ve grown create a place a child might call a secret garden. Nearby, the fire pit invites you to warm up & linger after a day in the pool. A circular driveway welcomes you home with plenty of parking for family & friends, while the location keeps commuting & everyday errands convenient. It’s easy to imagine a full house without anyone wondering where to park. Deeply loved through decades of summers, holidays & gatherings, this home’s barn history lives on in its beams, stable structure & stone fireplace. Its two living spaces & remarkable grounds have made room for generations of life. Now it’s time for someone new to make this one of a kind family compound their own. Don’t miss out!

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 3,081 sq ft principal dwelling). Lot size: 30,200 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$950,000
Annual Taxes$8,275

Parking

Garage1
Off-Street11

Interior Specifications

Total Rooms11
Fireplaces1
FlooringCarpet, Hardwood, Flooring - Wall to Wall Carpet, Laminate
BasementNone

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Natural Gas, Wood Stove
CoolingWindow Unit(s), Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Post & Beam, Barn board
RoofShingle
FoundationSlab
ZoningR3

Property & Lot

Acres0.69
SqFt Lot30,200
Lot FeaturesCleared, Level

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBedroom 4Bathroom 1
Main,First
Bathroom 2
Living Room
Lvl First

23.333333333 x 23.916666666

Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Archway

Dining Room
Lvl First

12.083333333 x 11.416666666

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

11.75 x 11.25

Beamed Ceilings, Flooring - Hardwood, Open Floorplan, Peninsula

Family Room
Lvl First

20.75 x 18.916666666

Wood / Coal / Pellet Stove, Skylight, Cedar Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Exterior Access, Slider

Primary Bedroom
Lvl Second

15.416666666 x 11.416666666

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

11.833333333 x 10.5

Bedroom 3
Lvl Second

11.833333333 x 9.666666666

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

18.833333333 x 15

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Handicap Accessible, Exterior Access, Slider, Closet - Double

Bathroom 1
Lvl First

12.25 x 11.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Vaulted Ceiling(s), Handicap Accessible, Handicap Equipped, Jacuzzi / Whirlpool Soaking Tub

Bathroom 2
Lvl Main,First

8.75 x 5.166666666

Bathroom - Full, Bathroom - With Shower Stall, Handicap Accessible, Handicap Equipped

Bathroom 3
Lvl Second

7.666666666 x 7.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen

Listing Provided By

Listing Agent: Angela Hirtle

Listing Office: Lyv Realty

MLS® Number: 73585172