$679,900
↓ $20K (2.9%)
●
House -
For Sale
1 Lewis Ave
Salisbury, MA 01952
3 Beds
1 Bath
1,285 Ft²
Upcoming Open House
12:45PM - 1:45PM, Sun, Oct 18
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$3,724
Est. Monthly
About This Property
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.
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$529
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1948
Listed By
Brittany Saab
Tom Saab Real Estate
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 hours ago (MLSPIN #73585766)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Price Decreased |
$679,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Oct 1, 2026 | Listed by Tom Saab Real Estate | $699,900 | |
| Listed by Tom Saab Real Estate | |||
| Aug 4, 2017 | Sold | ||
| Sold | |||
| May 31, 2017 | Listed by New Year Realty | $289,900 | |
| Listed by New Year Realty | |||
| | |||
|
Approved level lot in desireable five lot subdivision. In-town location convenient to shopping, restaurants, schools, golf. Underground gas, water, cable, and electric to lot. Approved septic design for 4 or 5 bedroom home. Highly rated Masconomet School system. Minimal covenants, no builder tie-in.
| |||
Property Highlights
Parking Available
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Paved
Open Parking Spaces: 5
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater, Range, Refrigerator, Washer, Dryer
Rooms: 6
Exterior Details
Square Footage: 1285
Architectural Style: Cape, Cottage
Year Built Source: Public Records
Year Built: 1948
Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Area Total: 1285
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Features: Other
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4251
Water Source: Public
Financial Details
Tax Assessed Value: $458,000
Tax Annual Amount: $4,617
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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