14 Glenn Ave Salem — Photo 1 of 24
$649,000
Investment Analysis — 14 Glenn Ave
Salem, MA 01970
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 3.22% cap rate and $20,891/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,618
Style
Single Family
Built
1986
Proudly presenting 14 Glenn Avenue! So much attention has been given to this meticulously updated residence. Freshly painted throughout, new flooring and many more valuable improvements make this a turnkey home for its next owner. Three well-proportioned bedrooms, two full baths (the primary bedroom is ensuite) allow for space for all; the epic, enormous unfinished lower level with a fireplace is ready for expansion that could potentially double the living space in this home. The large, fenced in yard provides a generous outdoor environment and there is time still to enjoy the above ground pool before Winter.
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: 809 sq ft (the lesser of 900 sq ft or half the 1,618 sq ft principal dwelling). Lot size: 16,104 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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Shereen Berlin
Listing Office: Coldwell Banker Realty - Wellesley
MLS® Number: 73574805
