Active
10 Days on market
116 Central Ave #B1 Salisbury — Photo 1 of 18

116 Central Ave #B1 Salisbury — Photo 1 of 18

$529,900

Investment Analysis — 116 Central Ave #B1

Salisbury, MA 01952 — Salisbury Beach

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01952 carries an estimated $2,590/mo in gross rent — about a 2.82% cap rate and $14,956/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

663

Style

Condominium

Built

1880

Enjoy the best of Salisbury Beach in this charming 2-bedroom detached condo with 1 full bath, located in an ocean-front condominium complex. While this unit is not directly ocean-front, it's just one building away from the water so you can leave your shoes behind and walk directly onto the sand. Inside, the home feels surprisingly spacious for its square footage, with a welcoming layout, cathedral ceilings, a functional eat-in kitchen, and a spacious bathroom. A cozy low-ceiling loft area provides a fun bonus space for kids to play, read, or hang out. Step outside to enjoy an exclusive-use deck. A common yard overlooking the water is perfect for morning coffee, relaxing after a day at the beach, or enjoying the coastal scenery. A private storage shed adds convenient space for beach gear and outdoor essentials. The complex also offers free laundry facilities and an outdoor shower. Parking is easy with an assigned space for 2–3 cars, a valuable feature for both personal use and rental guests. The location offers the perfect balance: it’s a short walk to the boardwalk and its attractions while being far enough away to enjoy a quieter, less crowded stretch of beach.This unit has consistent short-term rental history and is ranked in the top 10% of homes on Airbnb.

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$529,900
Annual Taxes$2,785
HOA Fee$490

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2
Living Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood

Primary Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Listing Provided By

Listing Agent: Lani Sanethong

Listing Office: Scott Gregory Group

MLS® Number: 73571802