
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.
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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 MLS and other third-party data may be inaccurate or out of date.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
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Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path
Geography
Listing Agent: The North Shore Realty Group
Listing Office: eXp Realty LLC
MLS® Number: 72920128
