CCertihomes
40R Highland Avenue #1, Salem, MA 01970

$996

0 beds 1 baths 380 sqft4 days on marketActive

About this home

Elderly Communities (62+ years of age) - Welcome to Fairweather Apartments located in four scenic North Shore locations including: Beverly, Danvers, Peabody and Salem. Each building offers on-site free parking, on-site laundry facilities, spacious community rooms, 24-hour emergency response. These affordable housing buildings are eligible to low-income ELDERLY households. Easy access to local attractions, including beautiful beaches and national parks, historic sites, restaurants and recreation areas. Minimum income requirement: $29, 880 and 1 person max income $62, 340 or 2 people $71, 280 *Parking is first come, first serve. *Model unit photos shown. *Multiple studio units available. *Actual unit may have different layout. *Restricted income units. *Pictures reflect a mix of the buildings. Located in Beverly: 245 Elliot Street, Danvers: 11 Porter Street, Peabody: 20 Central Street, Salem: 40R Highland Avenue. NO FEE!! Utilities Included!!

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
$391/mo

Real estate (PITI + HOA + PMI)
$24
Principal + interest$6
Property tax + insurance$18
Utilities
$319
Heating + cooling$23
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$391/mo TLC
Budget$5,000/mo
Remaining after TLC$4,609/mo
Purchase price
$996
Down payment
$50 (5%)
Loan amount
$946
APR
7.2%

Quick facts

Type
Apartment
Style
Year built
Lot size
Stories
0
Heating
Forced Air
Cooling
Water
HOA
Annual tax
MLS #
73224909
County
Essex

Home features

Appliances
RangeRefrigeratorFreezer
Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityHighway AccessHouse of WorshipPublic SchoolT-Station

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 4/17/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.