
11 Hartford St Salem — Photo 1 of 42
$599,000
Investment Analysis — 11 Hartford St
Salem, MA 01970 — Witchcraft Heights
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01970 carries an estimated $3,080/mo in gross rent — about a 3.66% cap rate and $21,926/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,589
Style
Single Family
Built
1970
Opportunity to own a single-family home in Salem’s desirable Witchcraft Heights neighborhood, beautifully sited on a 7,000+ sq. ft. lot with an exceptionally spacious, fenced backyard. Mature trees provide shade and privacy while a broad expanse of level lawn offers wonderful space for gardening, entertaining, play, or simply enjoying the outdoors. Inside, the main level offers an easy, functional flow, with hardwood floors connecting the living and dining areas to the kitchen and three bedrooms neatly arranged down the hall. Sliding glass doors open from the kitchen to an expansive, newly renovated three-season porch filled with natural light and overlooking the backyard — a wonderful extension of the home's living space. Downstairs, an impressively large finished lower level with a second full bath and generous closet space provides tremendous flexibility for a family room, home office, guest space, gym, studio, game room, or combination of uses. An attached garage and additional utility/storage space add everyday practicality. With a new roof, abundant indoor and outdoor space, and a layout that offers plenty of possibilities for future updates, this is a home that can be enjoyed today while providing an excellent canvas for its next owner to make their own.First opportunity to view at the Open House, Saturday 9/12 from 12:30–2:00 PM.
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: 795 sq ft (the lesser of 900 sq ft or half the 1,589 sq ft principal dwelling). Lot size: 7,396 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14.7 x 14.7
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture, Open Floorplan
Dining Room
Lvl Main,First8.9 x 9
Ceiling Fan(s), Flooring - Hardwood, Slider
Kitchen
Lvl First11.2 x 8.7
Master Bedroom
Lvl First11 x 11.4
Closet, Flooring - Hardwood
Bedroom 2
Lvl First9.2 x 11.4
Bedroom 3
Lvl First11.9 x 8.7
Closet, Flooring - Hardwood
Bedroom 4
Lvl Basement18 x 21.5
Bathroom - Full, Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6.1 x 8.7
Bathroom 2
Lvl BasementListing Agent: Andrew Maxfield
Listing Office: Andrew Maxfield Real Estate
MLS® Number: 73573708
