
18 Indian Hill Lane #18 Salem — Photo 1 of 31
$580,000
Investment Analysis — 18 Indian Hill Lane #18
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01970 carries an estimated $2,560/mo in gross rent — about a 2.08% cap rate and $12,075/yr in estimated NOI at the $580,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,219
Style
Condominium
Built
1986
Presenting a distinguished townhouse residence at 18 Indian Hill Lane, a property originally constructed in 1986. Encompassing 2219 square feet of meticulously designed living space spread over 3 amply spacious floors. Open space layout with updated appliances, newer central air setup, replacement windows, updated electrical, hardwood floors in main living area, updated vanities in the bathrooms, finished hardwood kitchen cabinets with plenty of closet space as well. There is an abundance of closets throughout the townhouse including a walk-in closet in the master and guest bedrooms. This residence includes a dedicated garage space and driveway space as well as plus plenty of spots available for guests conveniently located right next to the townhouse. Providing easy and secure parking. We invite you to discover the refined potential of this exceptional townhouse.
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood
Neighborhood
Pool
Geography
Listing Agent: Timothy Fahy
Listing Office: ERA Millennium
MLS® Number: 73582380








