49 Salem Street #1 Reading — Photo 1 of 21
$1,299,000
Investment Analysis — 49 Salem Street #1
Reading, MA 01867
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01867 carries an estimated $3,140/mo in gross rent — about a 1.00% cap rate and $13,049/yr in estimated NOI at the $1,299,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,300
Style
Condominium
Built
2026
Exceptional new construction townhome offering a beautifully designed living space in the heart of Reading. Perfectly positioned near downtown shopping, dining, & public transportation, this home blends modern convenience w/ refined comfort. Step inside to an inviting open concept main level, featuring a bright white chef’s kitchen w/ sleek finishes, a spacious living rm & a cozy gas fireplace—ideal for everyday living & entertaining. A well appointed mudroom provides practical storage & direct access to the yard, completing the thoughtful 1st floor layout. Upstairs, the primary en-suite impresses w/ a generous walk-in closet & a spa inspired bathroom. Two additional well appointed bedrooms, a stylish guest bath & a convenient laundry area offer comfort & functionality for every lifestyle. The home also includes a walk-up attic & basement just waiting to be finished & garage parking for 1 car plus 2 additional guest spaces, ensuring ease for both residents & visitors.
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 MLS and other third-party data may be inaccurate or out of date.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 • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20.4 x 17
Dining Room
Lvl FirstKitchen
Lvl First21 x 12.1
Primary Bedroom
Lvl Second21 x 12.7
Bedroom 2
Lvl Second13.5 x 12
Bedroom 3
Lvl Second13.7 x 12
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl SecondListing Agent: Hixon + Bevilacqua Home Group
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73526135
