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33 Strongwater Drive Salem — Photo 1 of 26

33 Strongwater Drive Salem — Photo 1 of 26

$1,069,900

Investment Analysis — 33 Strongwater Drive

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 2.50% cap rate and $26,744/yr in estimated NOI at the $1,069,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,322

Style

Single Family

Built

2026

New Construction - Final Phase at Strongwater Crossing, Salems premier subdivision! Built by nationally award-winning DiBiase Companies, this beautifully designed, all-electric, high-efficiency home has everything you've been looking for! Offering over 2300 Sq Ft of thoughtfully designed living space, the Endicott model features 4 spacious bedrooms, 2.5 bathrooms, a flexible loft area and an oversized one-car garage complete with an EV charging outlet. The heart of the home is the designer kitchen, featuring stunning quartz counters, a stylish tiled backsplash, GE stainless appliances and a generous island perfect for gathering. The open-concept layout flows seamlessly into the fireplaced family room and out to the backyard-ideal for entertaining. The luxurious primary suite is on the 2nd floor which includes a large walk-in closet and a spa-like ensuite bath with a seated walk-in shower. Upstairs are three additional bedrooms, a full bathroom and a versatile loft.

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$1,069,900
Annual Taxes$2,973
HOA Fee$100

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Radon Remediation System, Concrete

Climate & Utilities

HeatingForced Air, Heat Pump, ENERGY STAR Qualified Equipment
CoolingCentral Air, Heat Pump, ENERGY STAR Qualified Equipment
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.31
SqFt Lot13,390
Lot FeaturesCleared

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBathroom 1Bathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: Aranson Maguire Group

Listing Office: Compass

MLS® Number: 73574917