Active
1762 Days on market
191 Rear Elm St. Salisbury — Photo 1 of 2

191 Rear Elm St. Salisbury — Photo 1 of 2

$1,200,000

Investment Analysis — 191 Rear Elm St.

Salisbury, MA 01952

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01952 carries an estimated $2,080/mo in gross rent — about a 0.38% cap rate and $4,570/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

--

Style

Residential

Built

--

Residential Zoning allows many uses. Many Agricultural Uses to include raising, keeping Livestock and Horses and Poultry. Many Uses allowed with a special Permit to include Hospital, Nursing, Rest or Convalescent Home, Commercial Stables, Kennels, Vet Hospital, Year round Greenhouses, Campground, Waterfront Marine and Boat Building, Selling, Renting, Servicing, Repairing and Storage. Uses Permitted with Planning Board Approval On Site Wind Energy This property approx. 28.4 acres consists of 3 Lots 9-42, 9-39, 9-41 on the town of Salisbury Maps. Multiple uses. Land has not been delineated, Development Potential. Possibility of Merrimac River and Historic Newburyport Views. see Permitted Uses on town of Salisbury Zoning Use codes. Buyers and Buyers Agents to do Due Diligence

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 MLS and other third-party data may be inaccurate or out of date.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$1,900,000
Annual Taxes$99,999

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic, At Street
SewerPublic Sewer, At Street

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR1

Property & Lot

Acres28.4
SqFt Lot1,237,104
Lot FeaturesEasements, Flood Plain, Level, Wetlands, Sloped, Wooded

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path

Geography

Listing Provided By

Listing Agent: The North Shore Realty Group

Listing Office: eXp Realty LLC

MLS® Number: 72920128