Active Under Contract
18 Days on market
17 Daniels Street #1 Salem — Photo 1 of 30

17 Daniels Street #1 Salem — Photo 1 of 30

$689,000

Investment Analysis — 17 Daniels Street #1

Salem, MA 01970

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01970 carries an estimated $2,560/mo in gross rent — about a 1.96% cap rate and $13,492/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

1,330

Style

Condominium

Built

1850

In the heart of Salem's historic waterfront district, this lovely townhouse features a first level open floor plan including living room, dining area, and kitchen with lots of cabinets, stainless appliances, and a generous peninsula great for entertaining. The dishwasher, refrigerator, and disposal have all been replaced within the past 2 years. Completing the first level is a one-half bath. Step outside from the kitchen to a fenced in, private brick patio which then leads to the off-street parking. Basement access is from the patio and there's also a separate outside storage shed for this unit. Back inside, the laundry is on the second floor along with the second bedroom which has 2 closets and an en-suite full bath complete with ceramic tile floor and walls. Also on the second floor is a bonus area currently being used as office space. Upstairs on the third floor you will find the main bedroom with large closet and private bath that boasts an oversized walk-in shower with glass tile, double vanity, and built in storage. New high efficiency Burnham gas boiler installed in June 2026, with a transferrable warranty.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$689,000
Annual Taxes$7,455
HOA Fee$200

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningB1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBathroom 3
Second
OfficeBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

Ceiling Fan(s), Closet, Flooring - Laminate, Open Floorplan

Dining Room
Lvl First

Flooring - Laminate, Open Floorplan

Kitchen
Lvl First

Flooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Lighting - Pendant

Office
Lvl Second
Master Bedroom
Lvl Third

Closet, Flooring - Laminate

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Third

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity

Listing Provided By

Listing Agent: Ginny Leblanc

Listing Office: Coldwell Banker Realty - Marblehead

MLS® Number: 73567720