23 Green St #1R Salem — Photo 1 of 39
$369,900
Investment Analysis — 23 Green St #1R
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01970 carries an estimated $2,160/mo in gross rent — about a 3.90% cap rate and $14,413/yr in estimated NOI at the $369,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
506
Style
Condominium
Built
1920
Beautiful ocean views from the rear deck and kitchen across Salem Harbor to Marblehead. This first floor garden style condominium was fully updated and converted in 2016. 4 unit building with deeded parking space #4 in rear parking lot. Full size laundry personal units included! Natural gas heat. Central air conditioning. New kitchen with ocean views, granite counters, ceramic tile floors & stainless steel appliances. Updated bathroom with tiled walled tub & shower and granite on vanity. Primary bedroom with walk out bay. Oak hardwood floors. Both front and rear covered porches. Large lower level locked storage area. Convenient to downtown and all Salem has to offer. Amazing location between both Forest River Park and Palmer Cove Park on the waterfront with walk trails, playgrounds, courts, picnic areas, ballfields, etc..
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 MLS and other third-party data may be inaccurate or out of date.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 • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14.75 x 11
Flooring - Hardwood, Deck - Exterior, Exterior Access, Lighting - Overhead
Kitchen
Lvl Main,First10.083333333 x 11.083333333
Flooring - Stone/Ceramic Tile, Dining Area, Balcony - Exterior, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Storage, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl Main,First11.083333333 x 12.666666666
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,First8.083333333 x 6.083333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Joseph Bean
Listing Office: Joe Bean Real Estate
MLS® Number: 73583987
