28 America Way #3 Salem — Photo 1 of 29
$489,900
Investment Analysis — 28 America Way #3
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 2.10% cap rate and $10,278/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,351
Style
Condominium
Built
1980
The Village at Vinnin Square - Single-level Condominium at it's BEST! This garden-style condo offers 2 bedrooms, 2 baths with approximately 1,351 sq ft of living space in a well-established condo complex community. The spacious open layout living room and dining room area that flows nicely into the updated kitchen offers plenty of space for entertaining or relaxing. The master bedroom suite offers a master bath plus two large closets, and the second bedroom provides additional space for guests, an office or den. There is a private deck overlooking the well-manicured grounds, plus in-unit laundry with a full size washer & dryer. There is a 1-car garage plus 2 additional deeded parking spaces plus a storage unit. Enjoy all the amenities this condo complex has to offer that include an outdoor in-ground pool, tennis courts, a clubhouse, and conveniently located near shopping, dining, beaches, and Swampscott Train Station. First Showings will be held at Open House on Saturday, September 12th from 12:00 - 1:30 p.m.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • House of Worship • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate
Dining Room
Lvl FirstFlooring - Laminate
Kitchen
Lvl FirstMaster Bedroom
Lvl nullBathroom - 3/4, Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstBathroom 1
Lvl FirstBathroom - 3/4, Bathroom - With Shower Stall
Bathroom 2
Lvl FirstBathroom - Full
Listing Agent: Julie Manley
Listing Office: Connor Real Estate
MLS® Number: 73575430
