Active
107 Days on market
19 Olde Village Drive #1603 Salem — Photo 1 of 26

19 Olde Village Drive #1603 Salem — Photo 1 of 26

Recent Drop: $20,000

$589,900
$569,900

$569,900

Investment Analysis — 19 Olde Village Drive #1603

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 2.15% cap rate and $12,272/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

2,233

Style

Condominium

Built

1989

Experience sophisticated condominium living at 19 OLDE VILLAGE DRIVE - an expansive 2233 square foot residence that offers a refined lifestyle within a meticulously maintained setting. This condominium features two well-appointed bedrooms, providing comfortable and private retreats. The property also includes two full bathrooms and one half bathroom, offering convenience and flexibility for residents and guests. Ranch styled living on the first floor of this great townhouse. Newer hvac unit and hot water tank.. Further enhancing convenience, a dedicated garage space is included. The property is set within a substantial lot of 21.55 acres of lush landscaped community, contributing to a sense of spaciousness around the community, including a swimming pool, dog park and great areas to walk! Discover the potential for an elevated living experience; inquire today to schedule your private viewing of this exceptional Salem condominium.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$589,900
Annual Taxes$5,639
HOA Fee$453

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Carpet, Concrete
BasementN

Climate & Utilities

HeatingHeat Pump, Electric, Individual
CoolingCentral Air, Heat Pump, Individual
WaterPublic, Individual Meter
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone, Block
RoofShingle
Foundation--
Zoningcondo

Property & Lot

Acres21.55
SqFt Lot938,718
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool

Geography

Floorplan Breakdown

Structural Layout

Third
Family Room
Second
Primary BedroomBedroom 2Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

21 x 13

Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled

Dining Room
Lvl First

12 x 10

Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled

Kitchen
Lvl First

9 x 12

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dining Area, Open Floorplan

Family Room
Lvl Third

17 x 21

Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Cedar Closet(s), Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting

Primary Bedroom
Lvl Second

13 x 16

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

12 x 13

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Remodeled

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Remodeled

Property History

Price Drop
$569,900

Was $579,900

Sep 19, 2026

MLS® 73531145

Price Drop
$579,900

Was $589,900

Jul 30, 2026

MLS® 73531145

Listed
$589,900

Jun 5, 2026

MLS® 73531145

Listing Provided By

Listing Agent: Cynthia Anselmo

Listing Office: East Coast Properties

MLS® Number: 73531145