CCertihomes
58 Derby St, Salem, MA 01970

$725,000

3 beds 3 baths 1,417 sqft Built 180714 days on marketActive

About this home

Located on the quietest stretch of Derby St and sited amongst late 18th & 19th century homes sits this well-maintained circa 1800 Gambrel. The first floor is delightfully laid-out with a comfortably-sized living room with a working fireplace. The large recently renovated kitchen with lovely antique beams overlooks the garden. A convenient half bath is tucked-in next to the stairs. On the second level you will find 2 large BRs (each fits a queen bed) and a shared new (2021) full bath. The 3rd floor is dedicated to the sunny main bedroom suite, with copious closet space, a spacious bathroom with convenient washer/dryer...and the vaulted ceilings! What a surprise! Seasonal views of the Salem Harbor from the second and third floors! The patio behind the house is an oasis...quiet & secluded with plenty of room to entertain or relax. 58 Derby feels a world apart from downtown, yet is minutes away AND on the bike path & moments from the water and the ferry to Boston!

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
$6,313/mo

Real estate (PITI + HOA + PMI)
$6,130
Principal + interest$4,675
Property tax + insurance$1,183
PMI / 2nd mortgage$272
Utilities
$445
Heating + cooling$61
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$6,313/mo TLC
Budget$6,813/mo
Remaining after TLC$500/mo
Purchase price
$725,000
Down payment
$36,250 (5%)
Loan amount
$688,750
APR
7.2%

Quick facts

Type
Single Family Residence
Style
Gambrel /Dutch
Year built
1807
Lot size
0.03 ac
Stories
0
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s)
Water
Public
HOA
Annual tax
$5,738
MLS #
73234347
County
Essex

At a glance

Fireplace
Dishwasher

Home features

Appliances
Electric Water HeaterRangeDishwasherRefrigeratorFreezerWasherDryer
Exterior
Patio
Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityBike PathConservation AreaHighway AccessMarinaPublic School
Flooring
Wood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

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 5/7/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.