Active
17 Days on market
12 Valiant Way #12 Salem — Photo 1 of 34

12 Valiant Way #12 Salem — Photo 1 of 34

$449,900

Investment Analysis — 12 Valiant Way #12

Salem, MA 01970

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01970 carries an estimated $2,160/mo in gross rent — about a 2.02% cap rate and $9,092/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

942

Style

Condominium

Built

1980

Welcome to 12 Valiant Way, a beautifully renovated 1B1B condominium located in Salem’s highly desirable Vinnin Square community. The updated kitchen features custom shaker-style cabinetry, granite countertops, and stainless-steel appliances, flowing naturally into the spacious living and dining areas. Large insulated windows and doors provide abundant natural light, while central heating and air conditioning ensure year-round comfort. From the living room, step onto the private covered deck, where there is a charming and practical compact greenhouse—an ideal space for plant lovers and gardening enthusiasts. The deck is also perfect for morning coffee, outdoor dining, or relaxing at the end of the day. The spacious bedroom includes a walk-in closet and an additional den that can serve as a home office. The bathroom offers a clean, contemporary design, while the in-unit washer and dryer add everyday convenience. The home also provides abundant closet space, private storage, and a deeded detached garage with an automatic door opener. The beautifully maintained community is surrounded by mature shade trees, lush landscaping, and colorful seasonal flowers, creating a peaceful and picturesque setting. Amenities include an in-ground outdoor swimming pool, tennis courts, a clubhouse, and a dedicated dog play area. The community is also pet-friendly. Conveniently located near shopping, dining, and everyday services, the home offers easy access to all that Salem and the North Shore have to offer. Salem is a historic and scenic coastal city, and the condominium is less than two miles from the beach, providing convenient access to shoreline views, ocean breezes, waterfront recreation, cultural attractions, and local dining.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$449,900
Annual Taxes$4,115
HOA Fee$541

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringLaminate
BasementN

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump, Electric
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofShingle
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First

Closet, Flooring - Laminate, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Remodeled, Slider, Lighting - Overhead, Closet - Double

Kitchen
Lvl First

Closet, Flooring - Laminate, Pantry, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Stainless Steel Appliances, Pot Filler Faucet, Closet - Double

Master Bedroom
Lvl First

Closet - Linen, Walk-In Closet(s), Flooring - Laminate, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled

Listing Provided By

Listing Agent: Sylvia Shen

Listing Office: Compass

MLS® Number: 73568393