Investment Analysis — 52 Pickman Rd #3B

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 2.54% cap rate and $12,570/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,741

Style

Condominium

Built

1980

Nestled within the highly sought-after Pickman Park community, this beautifully maintained townhouse offers the perfect blend of comfort, style, and convenience. Surrounded by mature trees and professionally landscaped grounds, the setting is private and peaceful while just minutes from downtown Salem, Salem State University, beaches, shopping, dining, and commuter routes. Residents enjoy outstanding amenities, including an in-ground pool, tennis courts, clubhouse, and professional management. Inside, soaring vaulted ceilings and gleaming hardwood floors create a bright, open feel throughout the main living areas and both bedrooms. The kitchen features stainless steel appliances and opens seamlessly to the dining and living spaces, ideal for everyday living and entertaining.The walk-out lower level offers exceptional flexibility with a spacious family room that's perfect as a home office, guest space, gym, media room, or bonus bedroom, along with abundant storage. Whether you're looking for your first home, downsizing, or seeking a low-maintenance lifestyle with resort-style amenities, this move-in ready home offers the best of Salem living.

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 MLS and other third-party data may be inaccurate or out of date.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