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98 Newbury Street #23B Danvers — Photo 1 of 2

98 Newbury Street #23B Danvers — Photo 1 of 2

$49,900

Investment Analysis — 98 Newbury Street #23B

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 40.29% cap rate and $20,103/yr in estimated NOI at the $49,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

350

Style

Mobile Home

Built

1960

Presenting a unique opportunity at 98 NEWBURY STREET U:23B, Danvers, MA, United States. This thoughtfully designed mobile home, constructed in 1960, offers a compact yet functional 350 square feet of living space, providing an accessible entry into homeownership. The residence features one dedicated bedroom, designed for comfort and privacy. Complementing this, a single full bathroom provides essential amenities. This property offers a distinctive living experience for those seeking efficiency and convenience. We invite you to explore the potential of this distinctive property.

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 MLS and other third-party data may be inaccurate or out of date.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$49,900
Annual Taxes--

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingGravity
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationIrregular
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

First
KitchenPrimary Bedroom
Unknown
Living Room
Living Room
Lvl null

10 x 9

Kitchen
Lvl First

8 x 8

Primary Bedroom
Lvl First

9 x 9

Listing Provided By

Listing Agent: Eric Rosen

Listing Office: Littlefield Real Estate

MLS® Number: 73480070