Investment Analysis — 181 North St #105

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 3.27% cap rate and $13,089/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,714

Style

Condominium

Built

1894

Minutes from Downtown Salem! Close to commuter rail, public transportation and major routes.Spacious corner 1,700 Sq Ft Condo, Two Bedroom, one and a half bath. RARE two deeded parking spots. A versatile layout that lives like a town house. The main level features oversized windows that fill the area with natural light, ideal for everyday living and entertaining. The lower level offers two bedrooms, with large walk in closets and an oversized family room, perfect for a home office, media or fitness room. Additional features include, Brand New 15,000K+ Carrier Heat and Cooling System, in unit laundry and ample storage.The professionally managed, secure association provides low maintenance living, with condo fees, covering water, sewer, exterior, maintenance, landscaping and snow removal.Ask about expanded First-Time Homebuyer may qualify for up to a $25,000 at 0% interest.You’ll love coming home to 181 North Street Unit 105! Schedule your private showing today!

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 MLS and other third-party data may be inaccurate or out of date.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.