43 Bridge #1 Salem — Photo 1 of 37
$649,900
Investment Analysis — 43 Bridge #1
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01970 carries an estimated $3,080/mo in gross rent — about a 3.27% cap rate and $21,238/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,850
Style
Condominium
Built
2016
Spacious townhouse with so much to offer for location, amenities, craftsmanship! 3 bedrooms, 2.5 baths, finished basement, off-street parking and a patio/garden area. Built in 2016, this unit was made for convenience! The in-unit laundry is on the second floor near the owner's suite. The open concept kitchen and living room both have exterior access. Modern cabinets and granite countertops in kitchen and baths. Generous closet space throughout. Solid construction and well-insulated between units. Updated ceiling fans and lighting fixtures. The finished basement area is well-suited to a home gym, playroom, storage. Salem & Beverly MBTA stations, Collins Cove Beach, and Salem Common are all located within approximately a one-mile radius. SHOWN BY APPOINTMENT ONLY BEGINNING ON FRIDAY SEPT. 18. Offers due Monday 9/21 by 5:00pm.
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 MLS and other third-party data may be inaccurate or out of date.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 • Medical Facility • House of Worship • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset, Flooring - Hardwood, Exterior Access, Open Floorplan
Kitchen
Lvl FirstBathroom - Half, Flooring - Hardwood, Kitchen Island, Exterior Access
Primary Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet, Flooring - Stone/Ceramic Tile
Bedroom 2
Lvl ThirdBedroom 3
Lvl ThirdCeiling Fan(s), Closet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl ThirdBathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Julie Nelson
Listing Office: Noble Realty Partners LLC
MLS® Number: 73578803
