44 Pingree St #5 Salem — Photo 1 of 28
$259,000
Investment Analysis — 44 Pingree St #5
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 6.58% cap rate and $17,044/yr in estimated NOI at the $259,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
609
Style
Condominium
Built
1910
Penthouse level one bedroom/one bathroom condo is freshly painted and move in ready! Spacious living room and eat-in kitchen this home features hardwood floors and large windows bringing in lots of natural light! 1-car garage and 1 additional parking in front of garage. Low condo fee, pet friendly, convenient in-building storage and laundry. Located less than a mile from downtown Salem and all of the area's amenities including museums, shops, restaurants and historic sightseeing. Minutes to the beach. New hot water heater. Great investment or first-time home.
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Freezer • Washer • Dryer
Geography
Listing Agent: Kim Douglas
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73575524
