Active

4 Days on market

41 Hobart Street #2 Danvers — Photo 1 of 42

$689,000

Investment Analysis — 41 Hobart Street #2

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 2.56% cap rate and $17,658/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,500

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Financials

Original Price$689,000

Annual Taxes$8,500

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

Acres--

SqFt Lot--

Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Third

Bedroom 2Bedroom 3Bathroom 3

Second

Primary BedroomBathroom 2

First

Dining Room

Basement

Family Room

Main,First

Living RoomKitchen

Living Room

Lvl Main,First

Flooring - Hardwood, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting

Dining Room

Lvl First

Flooring - Hardwood, Recessed Lighting, Remodeled

Kitchen

Lvl Main,First

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Decorative Molding