
19 Olde Village Drive #1603 Salem — Photo 1 of 26
Recent Drop: $20,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21 x 13
Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl First12 x 10
Bathroom - Half, Closet, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled
Kitchen
Lvl First9 x 12
Bathroom - Half, Flooring - Stone/Ceramic Tile, Dining Area, Open Floorplan
Family Room
Lvl Third17 x 21
Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Cedar Closet(s), Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Second13 x 16
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12 x 13
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Remodeled
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Remodeled
Property History
$569,900
Was $579,900
Sep 19, 2026
MLS® 73531145
$579,900
Was $589,900
Jul 30, 2026
MLS® 73531145
$589,900
Jun 5, 2026
MLS® 73531145
Listing Agent: Cynthia Anselmo
Listing Office: East Coast Properties
MLS® Number: 73531145

