54 Rabbit Rd Salisbury — Photo 1 of 42
$1,200,000
Investment Analysis — 54 Rabbit Rd
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 1.88% cap rate and $22,613/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,424
Style
Single Family
Built
1938
Possibilities are endless! Rare opportunity to own approx 9 acres of land with an existing 3 bedroom single family house, garage parking for 5+ cars and over 350 feet of frontage in the growing coastal community of Salisbury. With public water and sewer available, the property also offers a strong possibility for a residential subdivision, or small residential community/compound subject to town approvals and due diligence. Located just minutes from Salisbury Beach, Newburyport, major commuter routes, shopping, and restaurants, the property offers an appealing combination of convenience and coastal lifestyle. It is a great opportunity for developers seeking their next North Shore project or a group of people that want their own community. Bring your vision! Buyer to perform all due diligence regarding zoning, subdivision potential, and permitting. Plans available to build the equestrian property of your dreams! Please do not walk property without appointment.
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 2,424 sq ft principal dwelling). Lot size: 389,023 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First25.416666666 x 11.25
Dining Room
Lvl First16.833333333 x 10.166666666
Kitchen
Lvl First14.416666666 x 11.333333333
Office
Lvl First10.583333333 x 11.333333333
Family Room
Lvl First17.25 x 20.25
Master Bedroom
Lvl Second19.25 x 12.333333333
Bedroom 2
Lvl Second15.333333333 x 11.25
Bedroom 3
Lvl Second11.75 x 11.333333333
Bathroom 1
Lvl First5.083333333 x 9.833333333
Bathroom 2
Lvl Second8.833333333 x 9.833333333
Bathroom 3
Lvl Second9.583333333 x 5.25
Property History
$1,200,000
Jun 22, 2026
MLS® 73539639
$1,200,000
Mar 12, 2026
MLS® 73486089
Listing Agent: Leeanne Trohon
Listing Office: LAER Realty Partners
MLS® Number: 73539639