CCertihomes
26 New Derby St #303, Salem, MA 01970

$2,800

2 beds 1 baths 999 sqft4 days on marketActive

About this home

Spacious 2-bedroom, 1-bathroom unit featuring an open kitchen/living area with high ceilings, blonde pine cabinets, granite countertops, stainless steel appliances, vinyl plank floors throughout, freshly painted, central AC, and in-unit washer/dryer. Rent includes hot water and one on-site parking space. Pet-friendly building (one pet limit; breed and weight restrictions may apply). Located in the heart of downtown Salem, near many restaurants and shops, the waterfront, and the Peabody Essex Museum. Short distance to the commuter train station with only a 30-minute commute to Boston. Tenant pays gas (heat), electric, and water/sewer. First, last, and 1/2 security deposit required. 1-year lease term.

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
$502/mo

Real estate (PITI + HOA + PMI)
$65
Principal + interest$18
Property tax + insurance$46
PMI / 2nd mortgage$1
Utilities
$411
Heating + cooling$44
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$502/mo TLC
Budget$5,000/mo
Remaining after TLC$4,498/mo
Purchase price
$2,800
Down payment
$140 (5%)
Loan amount
$2,660
APR
7.2%

Quick facts

Type
Apartment
Style
Year built
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73231328
County
Essex

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.

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MLSPIN

Listing information last refreshed 5/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.