Active
3 Days on market
51 Valiant Way #51 Salem — Photo 1 of 42

51 Valiant Way #51 Salem — Photo 1 of 42

$550,000

Investment Analysis — 51 Valiant Way #51

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 2.19% cap rate and $12,038/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

2,188

Style

Condominium

Built

1980

Perfectly positioned just steps from Vinnin Square, this stylish three-bedroom, three-bath townhouse offers the ideal blend of convenience, comfort, and personality. With shopping, dining, grocery stores, coffee shops, and everyday essentials just moments away, you'll love the ease of living in one of Salem's most sought-after communities. Whether you're grabbing dinner, meeting friends, or commuting into Boston, everything you need is right outside your door. Inside, soaring ceilings and gleaming hardwood floors create a bright, open atmosphere, while the home's bold, designer-inspired aesthetic gives it a distinctive edge that's anything but ordinary. The spacious living and dining areas flow seamlessly to a private deck, perfect for morning coffee or relaxing outdoors. The thoughtfully designed floor plan features three generously sized bedrooms and three full baths, including a first-floor primary suite with a walk-in closet and private en-suite bath. Upstairs, a second bedroom also enjoys its own en-suite, offering exceptional privacy for guests or family members. A massive second-floor family room provides incredible flexibility as a media room, home office, fitness space, or playroom—the perfect overflow area for today's lifestyle. Additional highlights include central air, in-unit laundry, garage plus a second assigned parking space, and abundant storage throughout. Residents enjoy beautifully maintained grounds along with outstanding community amenities, including a sparkling in-ground pool and tennis courts, creating a true resort-style lifestyle. If you've been searching for a move-in ready home with character, generous living space, and an unbeatable location close to Vinnin Square, this is one you won't want to miss.

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

Original Price$550,000
Annual Taxes$6,104
HOA Fee$829

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningB5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Family RoomBedroom 3Bathroom 3
First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

Vaulted Ceiling(s), Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet

Family Room
Lvl Second

Vaulted Ceiling(s), Flooring - Wall to Wall Carpet

Master Bedroom
Lvl First

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl Second

Bathroom - Full, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub

Bathroom 2
Lvl First

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - 3/4

Property History

Listed
$550,000

Sep 9, 2026

MLS® 73574617

Sold
$360,000

Aug 9, 2004

MLS® 70016323

Listed
$379,000

Apr 6, 2004

MLS® 70016323

Listing Provided By

Listing Agent: Melissa Weinand

Listing Office: The Proper Nest Real Estate

MLS® Number: 73574617