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41 Hobart Street #1 Danvers — Photo 1 of 39

41 Hobart Street #1 Danvers — Photo 1 of 39

$689,900

Investment Analysis — 41 Hobart Street #1

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 3.06% cap rate and $21,126/yr in estimated NOI at the $689,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,464

Style

Condominium

Built

1900

Experience modern living in this stunning NEW CONSTRUCTION townhouse, featuring 3 bedrooms, 2.5 baths, and a thoughtfully designed living space with luxury finishes throughout. The open-concept floor plan offers a beautifully appointed kitchen, spacious living and dining areas, and high-quality craftsmanship at every turn. The finished lower-level family room provides the perfect space for a media room, home office, or playroom. HERs rated building with quality construction: Spray foam & sound insulation between units. Ideally located just minutes from vibrant downtown shops, restaurants, and the Railtrail. This home offers the perfect blend of convenience and lifestyle. Enjoy low-maintenance living in a beautifully built home designed for today's buyer. COMMUTERS DREAM!! Close to all major highways. Walk to downtown or enjoy walking to the Danvers Rail Trail!! Don't miss this exceptional opportunity!

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Property Details

Financials

Original Price$689,900
Annual Taxes$5,032
HOA Fee$275

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingHeat Pump
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR1

Property & Lot

Acres0.22
SqFt Lot9,500
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 2Bedroom 3
Second
Primary BedroomBathroom 2Bathroom 3
Basement
Family Room
Main,First
Living RoomKitchenBathroom 1
Living Room
Lvl Main,First

19 x 12

Bathroom - Half, Flooring - Wood, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Decorative Molding

Kitchen
Lvl Main,First

12 x 9

Bathroom - Half, Closet, Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances

Family Room
Lvl Basement

17 x 10

Open Floorplan, Recessed Lighting, Remodeled

Primary Bedroom
Lvl Second

12 x 12

Walk-In Closet(s), Closet, Flooring - Wood, Recessed Lighting, Remodeled

Bedroom 2
Lvl Third

12 x 12

Bedroom 3
Lvl Third

12 x 11

Closet, Flooring - Wood, Recessed Lighting, Remodeled

Bathroom 1
Lvl Main,First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded

Bathroom 3
Lvl Second

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

Listing Provided By

Listing Agent: Jennifer Crowe

Listing Office: Atlantic Coast Homes,Inc

MLS® Number: 73584703