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6 Venice St #F2 Danvers — Photo 1 of 7

6 Venice St #F2 Danvers — Photo 1 of 7

$229,000

Investment Analysis — 6 Venice St #F2

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 7.10% cap rate and $16,253/yr in estimated NOI at the $229,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

327

Style

Condominium

Built

1970

Open house 10/03/2026 at 1:00 pm to 3:00 pm. Welcome to Fairlane Condominiums! This charming studio-style condo offers an efficient open layout with great natural light, a galley kitchen, and a full bathroom featuring a brand-new bathtub. Enjoy the convenience of low-maintenance living with heat and hot water included in the condo fee. The community offers maintained green space, on-site laundry, deeded parking, and visitor parking. Conveniently located near Downtown Danvers with easy access to shopping, dining, Route 1, Route 128, and I-95. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this affordable Danvers condo is worth a look. Schedule your showing today!

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$229,000
Annual Taxes$1,700.81
HOA Fee$229

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms2
FireplacesNone
FlooringVinyl
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofShingle
Foundation--
ZoningR1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Property History

Listed
$229,000

Sep 24, 2026

MLS® 73582093

Sold
$196,900

May 14, 2025

MLS® 73371491

Listed
$196,900

May 7, 2025

MLS® 73371491

Listing Provided By

Listing Agent: Linlet Patel

Listing Office: Tesla Realty Group LLC

MLS® Number: 73582093