
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstVaulted Ceiling(s), Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstVaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet
Family Room
Lvl SecondVaulted Ceiling(s), Flooring - Wall to Wall Carpet
Master Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondBathroom - Full, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub
Bathroom 2
Lvl FirstBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - 3/4
Property History
$550,000
Sep 9, 2026
MLS® 73574617
$360,000
Aug 9, 2004
MLS® 70016323
$379,000
Apr 6, 2004
MLS® 70016323
Listing Agent: Melissa Weinand
Listing Office: The Proper Nest Real Estate
MLS® Number: 73574617
