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Danvers 01923
63 Adams St
Photo of 63 Adams St

42

Map

Photo of 63 Adams St
Photo of 63 Adams St
$200,000
● Land - In Contract

63 Adams St

Danvers, MA 01923
bedrooms
Studio
bathrooms
0 Bath
$1,272
Est. Monthly
4.13%
Cap Rate

About This Property

1.52 acre lot abutting Danvers Rail Trail. Close to all things North Shore. This lot is assessed as "Potential" land with a building. potential uses could be combining with an adjacent lot, hold for future development or current improvement with needed permits/variances. Lot does not appear to have required frontage currently per zoning. Buyers to perform all due diligence. Please review attached Danvers Public records.
Unit Size
-
Days on Market
-
Land Size
1.52 acres
Price per sqft
-
Property Type
Land
Property Taxes
$290
HOA Dues
-
Year Built
-

Listed By

Raymond Boutin
RE/MAX Innovative Properties

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #73394086)

Price History

Date / Event Date Event Price
Apr 8, 2026 In contract -
In contract
Mar 18, 2026 Price Decreased $200,000
↓ $100K (33.3%)
Price Decreased
Oct 28, 2025 Price Decreased $300,000
↓ $100K (25%)
Price Decreased
Aug 18, 2025 Price Decreased $400,000
↓ $100K (20%)
Price Decreased
Jun 19, 2025 Listed by RE/MAX Innovative Properties $500,000
Listed by RE/MAX Innovative Properties

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Wooded, Irregular Lot, Other
Lot Size Area: 1.52
Lot Size Units: Acres
Lot Size Acres: 1.52
Lot Size Square Feet: 66211
Water Source: Nearby
Financial Details
Tax Assessed Value: $316,100
Tax Annual Amount: $3,474
Utilities Details
Sewer : Nearby

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,211
  • Total Building Area: 0
  • Gross Building Area: 2,176
  • Building Area: 2,176
  • Building Area Measurement: G

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001520
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:050 L:091 P:
  • Lot: 91
  • Municipality: DANVERS
  • Latitude: 42.5585
  • Longitude: -70.9459

    Address

  • Full Address: 63 Adams St
  • Address - House Number: 63
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C025
  • 4-Digit Zip Code: 2717
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $333,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $299,900
  • Assessed Land Value: $299,900
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Danvers

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73394086

Frequently Asked Questions

When was property at 63 Adams Street built and last sold?
The property at 63 Adams Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 63 Adams Street is $202,000.
What are some comparable homes to 63 Adams Street?
There are currently no comparable homes to 63 Adams Street.
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