Investment Analysis — 4 Tibbetts Ave

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 2.71% cap rate and $21,656/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,178

Style

Single Family

Built

1930

Welcome to 4 Tibbetts Ave, Danvers, MA, a Completely Remodeled, Waterfront Single-Family Residence of Refined Living Space. This Home Seamlessly blends Timeless Appeal with Contemporary Comforts, Creating an Exceptional Environment for Modern Living. The Heart of this Home is its Open-plan Kitchen, Designed for both Culinary Exploration and Effortless Entertaining. It features High-end Appliances, Quartz Counters, and a Central Island with Soapstone, Decorative columns add a touch of Architectural Elegance..which Flows Seamlessly into the Living Room. The Living Room provides a Welcoming Atmosphere, w/a Fireplace being a Beautiful Focal-point. Its Distinctive Wood Ceiling adds Character and Warmth, Creating an Inviting Space for Relaxation or Gathering with Loved ones. One of the Bathrooms offers a Walk-in Shower and is Beautifully Appointed. Primary Bedroom in this Home Boasts Vaulted Ceilings and a Walk in Closet, enhancing the sense of spaciousness and light. Beyond the Interior, this Property Extends its Appeal Outdoors with a Dock, offering Direct Access to Waterfront Activities. The Deck Provides a Fantastic Space for Indoor/Outdoor Entertaining, as does the Patio in the Yard. Situated on over 10,000 Square Feet. Gut Renovated to the Studs, Spray Foam Insulated, all New Plumbing, New Windows, Custom Shutters, 2 New Driveways & So Much More. Discover the Exceptional Lifestyle Awaiting you at this Remarkable Danvers Retreat. This is a Must See! Open Houses Thursday 5-6:30, Saturday & Sunday 12-1:30.

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: 589 sq ft (the lesser of 900 sq ft or half the 1,178 sq ft principal dwelling). Lot size: 10,785 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.