BNBCalc Short Term Rental Investment Analysis 311 Essex St, Salem, MA, 01970

4 bed • 4 bath • 12 guests • $974,900

BNB

Calc

Annual Revenue

$197,962

Profit (Cash Flow)

$92,783

Cap Rate

16.3%

Annual Revenue

$197,962

AirDNA projects $555/night at 57% occupancy ($115,544). Airbtics projects $419/night at 73% occupancy ($111,717). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 100% occupancy rate, $542 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	$64,891	$103,562	$165,293	$253,025
Occupancy	63%	73%	82%	98%
Nightly Rate	$278	$382	$542	$693

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
John Edwards House	$133,940	$559	64%	4	3	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (304)
Broom & Board: Sleek & Modern, Fast WiFi, Walk2All	$88,639	$463	52%	4	2	2	$260	❌	❌	❌	Y / Y	⭐️ 4.5 (89)
Family-Friendly - Tiki Bar Backyard in Dtwn Salem!	$73,296	$271	68%	4	1.5	1	$225	❌	❌	✅	Y / Y	⭐️ 5 (143)
Salem Charm Meets Modern Luxury Next to Downtown	$95,263	$330	77%	4	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (602)
Salem Contemporary Farmhouse	$75,138	$223	87%	4	3	1	$200	❌	❌	❌	N / N	⭐️ 5 (26)
Pet-Friendly Marblehead Home Near Preston Beach!	$118,188	$426	71%	4	2.5	2	$269	❌	❌	✅	Y / Y	⭐️ 5 (15)
Salems Historic Japanese House	$59,918	$321	51%	4	1	2	$50	❌	❌	✅	Y / Y	⭐️ 4.7 (26)
RiverView: Near Pubs Shops Train to Salem/Boston	$60,626	$302	54%	4	1.5	2	$260	❌	❌	❌	Y / Y	⭐️ 4.5 (76)
Elegant home in historic Marblehead.	$182,002	$692	71%	4	2	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (44)
Swampscott Retreat, Four Bedrooms, Come Unwind	$64,306	$312	55%	4	2	3	$300	❌	❌	❌	Y / Y	⭐️ 5 (31)
Family getaway by the Beach:	$52,177	$264	54%	4	1	3	$0	❌	❌	❌	N / N	⭐️ 4.5 (80)
Large, Comfortable & Conveniently located Home	$76,637	$259	80%	4	2	3	$200	❌	❌	✅	Y / Y	⭐️ 5 (80)
High Rock Home-4BR, 2BA Modern, near downtown Lynn	$106,663	$390	73%	4	2	2	$189	❌	❌	❌	Y / Y	⭐️ 5 (224)
Modern 4 Bed 2 Bath home W/ Private outdoor space	$88,730	$297	80%	4	2	2	$225	❌	❌	✅	Y / Y	⭐️ 5 (168)
North Shore Spacious Accommodations 4beds / 2baths	$51,644	$164	84%	4	2	1	$80	❌	❌	❌	Y / Y	⭐️ 4.5 (271)
Salem/Beverly-Now booking for all of 2025!	$38,870	$167	63%	4	1	3	$100	❌	❌	✅	Y / Y	⭐️ 5 (297)
Charming 4 Bedroom House on Pond + Walk to Sea!	$165,815	$716	63%	4	2.5	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (188)
Private & Convenient Home in Danvers	$101,384	$278	99%	4	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (148)
Danvers spacious apt near mall/ Hospital/Salem	$63,883	$222	77%	4	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (59)
Large apartment steps to the Ocean	$99,414	$393	69%	4	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (151)
Cozy Marblehead getaway by the beach /w EV charger	$107,163	$348	83%	4	2	3	$180	❌	❌	❌	Y / Y	⭐️ 5 (35)
Rockmere Inn: Historic, Fireplace, 3 King Suites	$90,001	$374	64%	4	3	2	$360	❌	❌	❌	Y / Y	⭐️ 4.5 (58)
By the Ocean - Egg Rock House - 4 bed 4.5 bath	$168,637	$616	74%	4	4.5	3	$250	❌	✅	❌	Y / Y	⭐️ 5 (89)
Magnificent Ocean View; walk to beaches and town	$87,976	$278	82%	4	3.5	2	$275	❌	❌	❌	Y / Y	⭐️ 5 (47)
Hollyhock: Pvt Pool Open!, Fenced Yard, Walk2Ocean	$60,682	$356	44%	4	2	2	$310	✅	❌	✅	Y / Y	⭐️ 4.8 (12)
The House by the Sea	$195,565	$703	73%	4	3	2	$250	❌	❌	❌	Y / Y	⭐️ 5 (22)
Charming 4 BDR - Walk to Downtown & Free parking!	$82,496	$230	98%	4	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (40)
Marblehead Neck Sanctuary	$159,704	$802	53%	4	3	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (11)
Instant Book/Parking/Wk + Mo Discounts	$291,353	$915	87%	4	2	1	$0	❌	❌	✅	N / Y	⭐️ 5 (9)
Spacious Home - Hot Tub-Fireplace-Gym-Yard-Garage	$115,960	$537	59%	4	4	30	$350	❌	✅	❌	Y / Y	⭐️ 5 (4)
Villaggio by the Sea	$108,913	$442	66%	4	3	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (23)
Whole home in Historic Salem! Off Street Parking.	$206,790	$565	100%	4	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)
Beautiful/Convenient Salem Home	$48,532	$170	78%	4	2	1	$0	❌	❌	✅	Y / Y	⭐️ 4.2 (11)
Entire Home, Parking, 15 Minute Walk to Downtown	$207,888	$568	100%	4	2	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (1)
Beautiful Cozy Home	$105,143	$399	72%	4	2	2	$0	❌	❌	❌	Y / N	⭐️ 4.7 (20)
Spacious 4-bedroom home in Beverly Cove	$182,634	$499	100%	4	2	2	$200	❌	❌	✅	Y / Y	⭐️ 5 (45)
NEW4BR SALEM Historic\|Minutes to Downtown\|Parking	$110,614	$414	73%	4	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (9)
Beverly's Best	$86,191	$299	78%	4	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (92)
Large Pool, Nature Trails, Redd's Pond, 4-Bed	$111,659	$526	58%	4	1.5	2	$0	✅	❌	✅	Y / Y	⭐️ 5 (10)
Vista Del Mar: Hilltop Retreat with Ocean View	$220,948	$686	88%	4	3	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (19)

Return Metrics

39.44% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$92,783	$185,566	$278,350	$371,133	$463,917	$927,834	$2,783,504
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$779,920	$779,920	$779,920	$779,920	$779,920	$779,920	$779,920
Down Payment	$194,980	$194,980	$194,980	$194,980	$194,980	$194,980	$194,980
Property Appreciation	$29,247	$59,371	$90,399	$122,358	$155,276	$335,284	$1,391,438
Total Return	$1,096,930	$1,219,838	$1,343,649	$1,468,392	$1,594,093	$2,238,018	$5,149,842

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

39.44%

Cap Rate

16.26%

Return on Investment

55.94%

311 Essex St Salem, Massachusetts, 01970

4 bed • 4 bath • 12 guests

Purchase Price

Est. $4,676/mo

Inquire about this property

Contact Agent

$974,900

Zestimate

209

Airbnb Investor Score

$92,783

Annual Profit

16.3%

Cap Rate

39.4%

Cash on Cash

$197,962

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $555/night at 57% occupancy.Projected nightly rate is $419/night at 73% occupancy.

Occupancy Rate

Top 6% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$113,634

Avg annual revenue

73%

Avg occupancy rate

$419

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$40k

$120k

$205k

$290k

$92,783

Profit

Revenue

$197,962

Operating Expenses

$39,415

Operating Income

$158,547

Mortgage & Taxes

$65,764

Profit (Cash Flow)

$92,783

$235,227

Cash Investment

Down Payment

$194,980

Renos & Furnishing

$11,000

Closing Costs

$29,247

Total

$235,227

DSCR Ratio

Strong

2.41

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

39.44%

Cap Rate

16.26%

Return on Investment

55.94%

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$46,270

Deductible property tax

$9,652

Your total deduction

$5,316

Your adjusted annual income

$150,000 - $5,316 = $144,684

Taxes on $144,684 (30%)

$43,405

Your old tax bill

$45,000

Your new tax bill

$43,405

Estimated tax savings

$1,595

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

2,191 sqft

Year built:

1865

Size:

3,176 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Central, Forced Air, Hot Water, Natural Gas, Ductless

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 2,191 sqft

Building area: 3,176 sqft

Garage: No

Heating: Central, forced air, hot water, natural gas, ductless

Pool: No

Fireplaces: 4

Basement: Yes

Cooling: Central Air, Ductless

View: City

Parking: Off Street, Driveway

Amenities: -

Price per square foot: $306

Lot Info

Zoning: -

Land Use: -

Parcel Number: 2132717

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $1,085,600

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $974,900

Schools

Middle School: Collins Middle School with 3/10 star rating
High School: Salem Prep High School