CCertihomes
120 Federal Street #2, Salem, MA 01970

$2,500

2 beds 1 baths 1,200 sqft Built 17834 days on marketActive

About this home

Wonderful two bedroom unit in Salem's desirable Historic District! This charming third floor unit offers a Sparkling Updated Bath, Updates in kitchen, and Newer Carpeting throughout. Washer and dryer hook-up in unit. Close to downtown, museum and commuter rail to Boston! Off street parking available in snow emergencies. Two cats allowed.

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
$520/mo

Real estate (PITI + HOA + PMI)
$72
Principal + interest$16
Property tax + insurance$55
PMI / 2nd mortgage$1
Utilities
$433
Heating + cooling$55
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$520/mo TLC
Budget$5,000/mo
Remaining after TLC$4,480/mo
Purchase price
$2,500
Down payment
$125 (5%)
Loan amount
$2,375
APR
7.2%

Quick facts

Type
Apartment
Style
Year built
1783
Lot size
Stories
0
Heating
Electric
Cooling
Water
HOA
Annual tax
MLS #
73239195
County
Essex

At a glance

Fireplace

Home features

Appliances
RangeRefrigerator
Exterior
Garden
Community
Public TransportationShoppingParkMedical FacilityHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversity

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 5/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.