Investment Analysis — 57 Sylvan #2A

Danvers, MA 01923

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01923 carries an estimated $2,270/mo in gross rent — about a 4.72% cap rate and $14,853/yr in estimated NOI at the $314,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

464

Style

Condominium

Built

1966

A Rare Opportunity at Mill Pond Village in Danvers. Be the first to enjoy this completely renovated one-bedroom condo in a fantastic location. The interior was taken down to the concrete walls and rebuilt from the ground up, creating a fresh, modern living space with thoughtful finishes throughout. The home features a full-size kitchen with an oven, microwave, garbage disposal & dishwasher. The beautifully finished full bath features a fully tiled walk-in shower with built-in seating and a rain shower for a truly relaxing experience, with thoughtfully designed finishes throughout. Featuring premium spray foam insulation throughout the exterior walls and ceilings, providing exceptional soundproofing, energy efficiency, and added fire resistance! Near all major highways, shopping, hospitals, restaurants, parks, walking trails, etc. Nothing to do but unpack & enjoy. Welcome Home!

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 MLS and other third-party data may be inaccurate or out of date.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