CCertihomes
7 May St #2, Salem, MA 01970

$2,500

2 beds 1 baths 600 sqft80 days on marketActive

About this home

Take advantage of this spacious, freshly painted, sun-filled two-bedroom home on the second floor. Large living room, eat-in kitchen, ample bedrooms, Updated Bathroom, Brand new refrigerator, dishwasher, microwave, oven, and extra storage space. Hardwood floor throughout, plenty of windows that bring in lots of natural light, and a beautiful fenced shared yard for enjoyment. Available now. Included hot water, sewer, laundry, and landscaping. Close to downtown, restaurants, coffee shops, and public transportation. Street Permit Parking.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$471/mo

Real estate (PITI + HOA + PMI)
$46
Principal + interest$16
Property tax + insurance$29
PMI / 2nd mortgage$1
Utilities
$387
Heating + cooling$32
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$471/mo TLC
Budget$5,000/mo
Remaining after TLC$4,529/mo
Purchase price
$2,500
Down payment
$125 (5%)
Loan amount
$2,375
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
Lot size
Stories
0
Heating
Oil
Cooling
Water
HOA
Annual tax
MLS #
73198629
County
Essex

Home features

Appliances
RangeMicrowaveRefrigeratorWasherDryer
Exterior
Garden
Community
Public Transportation
Kitchen
ClosetWindow(s) - Bay/Bow/Box

Neighborhood — 01970

MetricThis ZIPCountyUSA
Population39,2106,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density4,803786
Male18,2943,127,134147,432,321
Female20,9163,317,797151,655,844
Never Married11,7661,612,88563,775,926
Married13,4262,586,314123,120,365
Separated1,771247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,344436,88823,075,029
Number Of House Hold17,1122,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age36.0437.2535.46
Median House Hold Income$50,078$57,698$48,276
Average House Hold Income$61,376$75,023$63,629
P C I$28,089$29,196$24,529
M D I$42,238$48,105$41,133
A T H E$50,149$57,083$50,898
S T R5.00%5.00%
W C J83.24%81.38%77.74%
(Zip) Code
1970

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 2/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.