9 Algonquin Road Danvers — Photo 1 of 36
$949,000
Investment Analysis — 9 Algonquin Road
Danvers, MA 01923 — St. John's Prep.
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01923 carries an estimated $3,560/mo in gross rent — about a 2.56% cap rate and $24,294/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,039
Style
Single Family
Built
1964
A rare opportunity offering exceptional value. Welcome to 9 Algonquin Rd., a beautifully renovated & meticulously maintained 4-bedroom, 2.5-bath ranch in the highly desirable St. John’s Prep area. Designed for effortless one-level living, the open-concept floor plan features a spectacular kitchen overlooking a beautifully landscaped backyard oasis. The home’s two impressive primary suites provide flexibility for today’s lifestyle, guests or extended living arrangements. Both feature walk-in showers, & sliders offering direct access to the private backyard. The outdoor space is truly an extension of the home, with an in-ground pool, new vinyl fencing, mature perennial landscaping and a large lot offering plenty of room to relax & entertain. Inside, additional highlights include a dedicated gym space, separate laundry room, central air & a new HVAC system installed in 2023. Every major space has been thoughtfully updated & maintained, allowing the next owner to simply move in & enjoy!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,039 sq ft principal dwelling). Lot size: 18,147 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
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Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Walk/Jog Trails • Bike Path • Highway Access • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Window(s) - Picture, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan, Slider, Lighting - Pendant
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant
Primary Bedroom
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Exterior Access, Remodeled, Slider, Steam / Sauna
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCloset, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl Main,FirstBathroom - Full, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Slider
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Handicap Accessible, Recessed Lighting, Remodeled, Steam / Sauna, Wainscoting, Pocket Door
Bathroom 2
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Remodeled, Crown Molding
Bathroom 3
Lvl FirstBathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Holly Baldassare
Listing Office: J. Barrett & Company
MLS® Number: 73572719
