3 Witch Way Salem — Photo 1 of 41
Recent Drop: $20,000
$699,900
Investment Analysis — 3 Witch Way
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01970 carries an estimated $3,080/mo in gross rent — about a 2.99% cap rate and $20,929/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,870
Style
Single Family
Built
1966
Move right in to this well kept 3 bedroom 1.5 bath with 1 car attached garage. Located in desirable Witchcraft Heights neighborhood, this home features freshly refinished hardwood floors and new paint throughout. Sun-splashed bonus room off of the kitchen with cathedral ceiling and sliders to deck. Updated bathroom features stylish tile and new vanity. Kitchen has cherry cabinets, granite counters and breakfast bar. Fireplaced living room rounds out the main floor. Ground level has even more living area with direct access to garage. First floor walks out to covered patio and flat back yard. Large flat yard has updated vinyl fence, potential added parking/basketball area, mature landscaping and pool. 2 zone Navien boiler heat and hot water updated in 2021, plus heat pump heating and AC in bonus room. New dishwasher and new 200 amp electrical service.
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 1,870 sq ft principal dwelling). Lot size: 8,999 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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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Medical Facility • Conservation Area • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second18 x 14
Flooring - Hardwood, Lighting - Overhead
Dining Room
Lvl Second9 x 11
Flooring - Hardwood, Lighting - Pendant
Kitchen
Lvl Second12 x 10
Ceiling Fan(s), Breakfast Bar / Nook, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Family Room
Lvl First21 x 24
Flooring - Vinyl
Primary Bedroom
Lvl Second10 x 13
Flooring - Hardwood
Bedroom 2
Lvl Second13 x 10
Bedroom 3
Lvl Second9 x 10
Flooring - Hardwood
Bathroom 1
Lvl Second7 x 10
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded
Bathroom 2
Lvl First4 x 5
Bathroom - Half, Lighting - Overhead
Property History
$699,900
Was $719,900
Sep 9, 2026
MLS® 73566258
$719,900
Aug 20, 2026
MLS® 73566258
$729,900
Jun 10, 2026
MLS® 73509920
$729,900
Apr 29, 2026
MLS® 73509920
Listing Agent: Michael Becker
Listing Office: Atlantic Coast Homes,Inc
MLS® Number: 73566258