33 Buena Vista Ave Salem — Photo 1 of 36
$744,900
Investment Analysis — 33 Buena Vista Ave
Salem, MA 01970 — Witchcraft Heights
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 2.87% cap rate and $21,364/yr in estimated NOI at the $744,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,858
Style
Single Family
Built
1971
Incredible 3+ bedroom, 2 bath single family home in Witchcraft Heights with many major updates on a corner lot. Those updates include a new roof, new siding, sod, irrigation and more. Other features include gleaming hardwood floors, an open concept, stainless steel appliances, granite countertops, loads of natural light and a slider off of the entertaining area which leads to the large deck overlooking the big private yard. The full basement includes a dedicated exercise area, two office spaces which could be used in a variety of ways, a large family room/ play room and a full bathroom with laundry. Step outside into the professionally landscaped, fenced in backyard equipped with a storage shed, large patio and plenty of space to make all of your back yard DIY fantasies a reality. This property is located in a great family neighborhood with easy access to major routes, shops, medical facilities, schools and much more. Join us for one of the open houses Friday 12-1, Saturday & Sunday 12-2 or schedule a private showing today.
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 1,858 sq ft principal dwelling). Lot size: 7,048 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Laundromat
Geography
Listing Agent: Farrar Realty Group
Listing Office: Atlantic Coast Homes,Inc
MLS® Number: 73572632