
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
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Living Room
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Lvl SecondListing Agent: Aranson Maguire Group
Listing Office: Compass
MLS® Number: 73574917
