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108 Days on market
49 Salem Street #1 Reading — Photo 1 of 21

49 Salem Street #1 Reading — Photo 1 of 21

$1,299,000

Investment Analysis — 49 Salem Street #1

Reading, MA 01867

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01867 carries an estimated $3,140/mo in gross rent — about a 1.00% cap rate and $13,049/yr in estimated NOI at the $1,299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,300

Style

Condominium

Built

2026

Exceptional new construction townhome offering a beautifully designed living space in the heart of Reading. Perfectly positioned near downtown shopping, dining, & public transportation, this home blends modern convenience w/ refined comfort. Step inside to an inviting open concept main level, featuring a bright white chef’s kitchen w/ sleek finishes, a spacious living rm & a cozy gas fireplace—ideal for everyday living & entertaining. A well appointed mudroom provides practical storage & direct access to the yard, completing the thoughtful 1st floor layout. Upstairs, the primary en-suite impresses w/ a generous walk-in closet & a spa inspired bathroom. Two additional well appointed bedrooms, a stylish guest bath & a convenient laundry area offer comfort & functionality for every lifestyle. The home also includes a walk-up attic & basement just waiting to be finished & garage parking for 1 car plus 2 additional guest spaces, ensuring ease for both residents & visitors.

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 MLS and other third-party data may be inaccurate or out of date.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$1,299,000
Annual Taxes--

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingHeat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningA40

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Range Hood

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

20.4 x 17

Dining Room
Lvl First
Kitchen
Lvl First

21 x 12.1

Primary Bedroom
Lvl Second

21 x 12.7

Bedroom 2
Lvl Second

13.5 x 12

Bedroom 3
Lvl Second

13.7 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: Hixon + Bevilacqua Home Group

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73526135