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1 Lewis Ave Salisbury — Photo 1 of 42

$699,900

Investment Analysis — 1 Lewis Ave

Salisbury, MA 01952

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01952 carries an estimated $3,110/mo in gross rent — about a 3.39% cap rate and $23,746/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,285

Style

Single Family

Built

1948

Enjoy the Salisbury Beach lifestyle from this charming cottage that includes 3-bedrooms, 1 bath, with beach access conveniently located almost directly across the street. Key to note with one bedroom downstairs, you can enjoy single living accompanied by 2 bedrooms and storage upstairs. Bright and inviting, the home features hardwood floors, abundant natural light, recessed lighting, and an updated kitchen with ample cabinetry, granite countertops, and a center island. The spacious dining room features a slider leading directly to the deck, creating an easy connection to the outdoor space. Outside, enjoy the generous yard space that is unique for a beach-area property, along with the convenience of off-street parking. With its classic coastal character, comfortable living spaces, and desirable location near the ocean, this home offers a wonderful opportunity for year-round living or a New England coastal getaway.

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: 643 sq ft (the lesser of 900 sq ft or half the 1,285 sq ft principal dwelling). Lot size: 4,251 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.