18 Freedom Hollow #18 Salem — Photo 1 of 40
$509,000
Investment Analysis — 18 Freedom Hollow #18
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 2.34% cap rate and $11,895/yr in estimated NOI at the $509,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,326
Style
Condominium
Built
1980
Enjoy effortless, single-level living on the first floor at Village at Vinnin Square! This spacious 2-bedroom, 2-bath home offers the comfort and convenience you've been looking for, with generously sized bedrooms, abundant closet space, two full baths, and in-unit laundry. The open living and dining area provides plenty of room to relax and entertain, while the renovated kitchen with stainless steel appliances offers ample cabinetry and space for casual dining. Step outside to your private balcony overlooking peaceful wooded views—the perfect spot for morning coffee or unwinding at the end of the day. Leave the maintenance behind and enjoy beautifully landscaped grounds plus outstanding amenities including a swimming pool, tennis courts, and clubhouse. Parking is a major plus with one deeded garage space plus an additional outdoor parking space, and many guest parking lot nearby giving you flexibility for a second car or guests. Additional storage adds even more convenience. Whether you're downsizing, starting out, or simply ready for a more carefree lifestyle, this home makes everyday living easy. Conveniently located near shopping, restaurants, transportation, and everyday essentials, this is a wonderful opportunity to enjoy spacious, comfortable living without the work and maintenance of a single-family home. This is condo is move in ready!! Just enjoy!!
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Luxe Home Team
Listing Office: 1st Knock Realty
MLS® Number: 73573379