
2 Durkin Rd Salem — Photo 1 of 32
Recent Drop: $4,900
$845,000
Investment Analysis — 2 Durkin Rd
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01970 carries an estimated $3,390/mo in gross rent — about a 2.87% cap rate and $24,280/yr in estimated NOI at the $845,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,095
Style
Single Family
Built
1981
Rare Main Post & Beam! The character and charm will draw you in and you'll never want to leave the neighborhood! The first floor has a versatile open floor plan you will love hanging out and hosting in. The kitchen was recently updated & has a tremendous functional kitchen island that includes storage, prep space and doubles as a built in table or breakfast bar to eat at. The adjacent living room is open yet feels private as you come down the central stairs of the home. There are two bedrooms, currently being used as his & hers offices on the first floor - one leading to the back deck & the other leading to the heated/cooled bonus sunroom! The upstairs bedrooms, including the Main bedroom, are generous in space and storage. The yard will feel secluded even though it's only partially fenced in and the privacy on the back deck will have you enjoying the hot-tub any chance you get! Never worry about parking using the garage, driveway and being set on a corner lot in the middle of three cul-du-sacs; and you'll appreciate being just minutes from Salem Hospital, Salem Woods, Salem Golf Club, downtown Salem, restaurants, shopping, schools, the commuter rail, and major routes. You'll feel like you're living on vacation in this rare Main Post & Beam home, every time you walk through the door!
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: 900 sq ft (the lesser of 900 sq ft or half the 2,095 sq ft principal dwelling). Lot size: 7,510 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Medical Facility • Highway Access • Public School • Sidewalks
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstBeamed Ceilings, Flooring - Wall to Wall Carpet, Lighting - Pendant, Lighting - Overhead
Kitchen
Lvl Main,FirstBeamed Ceilings, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Remodeled, Gas Stove, Lighting - Pendant, Lighting - Overhead
Master Bedroom
Lvl SecondSkylight, Beamed Ceilings, Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl Main,SecondBeamed Ceilings, Closet, Flooring - Hardwood, Exterior Access, Slider
Bedroom 4
Lvl Main,SecondBeamed Ceilings, Closet, Flooring - Wall to Wall Carpet, Closet - Double
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Beamed Ceilings, Closet, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - 3/4, Bathroom - With Shower Stall, Skylight, Beamed Ceilings, Flooring - Stone/Ceramic Tile
Property History
$845,000
Was $849,900
Sep 11, 2026
MLS® 73563458
$849,900
Aug 13, 2026
MLS® 73563458
Listing Agent: North Point Home Group
Listing Office: Compass
MLS® Number: 73563458
