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75 Mason St #2 Salem — Photo 1 of 22

75 Mason St #2 Salem — Photo 1 of 22

$525,000

Investment Analysis — 75 Mason St #2

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 3.77% cap rate and $19,792/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,298

Style

Condominium

Built

1800

Stylish townhouse-style condo ideally located near the commuter rail and downtown Salem. This spacious two-level home features gleaming hardwood floors and a bright, open layout. The generous living room flows into a well-appointed kitchen with beautiful butcher block countertops, maple cabinetry, cool black appliances, and a breakfast bar. A bedroom and full bath complete the main level. Upstairs, the spacious primary bedroom offers a double closet, thoughtfully designed by California Closets, along with an additional bedroom and second full bath. Central A/C, a small private rear deck, and two off-street parking spaces complete the package.

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 MLS and other third-party data may be inaccurate or out of date.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$525,000
Annual Taxes$4,338
HOA Fee$330

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBedroom 3Bathroom 2
Second
Living RoomDining RoomKitchenBedroom 2Bathroom 1
Living Room
Lvl Second

Flooring - Hardwood

Dining Room
Lvl Second

Flooring - Hardwood

Kitchen
Lvl Second

Flooring - Hardwood, Countertops - Upgraded, Breakfast Bar / Nook

Master Bedroom
Lvl Third

Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Third

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Third

Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Merry Fox Team

Listing Office: MerryFox Realty

MLS® Number: 73574560