$305,000
●
Condo -
Off Market
3 Mariners Way #3
Salem, MA 01970
2 Beds
3 Baths,
1
Half Bath
2,434 Ft²
$650,295
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model
About This Property
Price Reduced!!!!! Great location in desirable Mariner Village.
Enter through sun-filled glass enclosed foyer to a beautiful
2 BR, 2.5 BA townhouse. Enjoy the outdoors on your private
deck easily accessible just off the spacious eat-in kitchen.
Relax in the Master Bedroom suite, featuring a two-sided gas
fireplace, Jacuzzi tub and cathedral ceilings. Walk-out into
private yard from finished lower level room, which could make a
great entertainment room, office or extra bedroom. Pet friendly
Unit Size
2,434 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
Condo
Property Taxes
$348
HOA Dues
$240
Year Built
1999
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #70779909)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by RE/MAX Partners Relocation | $649,000 | |
| Listed by RE/MAX Partners Relocation | |||
   | |||
|
FINALLY - a Home that checks ALL THE BOXES in Salem's most sought-after development! Relocating Executive Seller has meticulously maintained & updated this DREAM HOME, with NEW BOSCH HEAT PUMP ($20K), freshly painted interior, and other various upgrades throughout. As the discerning Buyer enters into the homes sunny Foyer, they will notice high ceilings, oversized windows, gleaming hardwood floors, and a HUGE PRIVATE DECK!, perfect for dining al-fresco in the warmer months! The large Living Room, complete with cozy fireplace, leads into the oversized chef's Kitchen with updated counter tops & cabinets, newer Stainless-Steel appliances, and an eat-in Dining Area. Upstairs are two Bedroom suites, both with en-suite Bathrooms! The PRIMARY SUITE also features a walk-in custom closet AND double-sided Fireplace. The finished WALK OUT Lower Level (with slider to outdoor area) makes a great HOME GYM, GUEST AREA, or HOME OFFICE. Plus: oversized Garage, and Laundry Area. THE PERFECT HOME!
| |||
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Balcony / Deck
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Features: Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile, Hot Tub / Spa
Level: Second
Features: Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Level: First
Features: Flooring - Wall to Wall Carpet
Level: Basement
Features: Flooring - Wall to Wall Carpet
Features: Bathroom - Half
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Tile, Carpet
Laundry Features: In Basement, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room, Master Bedroom, Bath
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, Deeded, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Mariner Village
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 3159734
Water Source: City/Town Sewer
Financial Details
Tax Assessed Value: $357,700
Tax Annual Amount: $4,174
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $240
Community Features: Public Transportation, Shopping, Walk/Jog Trails
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2025
|
2 Bed
|
3 Bath
|
1936 ft²
|
$599,900
2 Bed
3 Bath
1936 ft²
|
$615,000
+2.52%
03/04/2025
|
Team Blue
ERA Key Realty Services
| |
|
04/15/2020
|
2 Bed
|
3 Bath
|
1935 ft²
|
$429,000
2 Bed
3 Bath
1935 ft²
|
$439,000
+2.33%
06/25/2020
|
Katiane Caetano
Century 21 North East
| |
|
02/03/2016
|
2 Bed
|
3 Bath
|
1936 ft²
|
$325,000
2 Bed
3 Bath
1936 ft²
|
$315,000
-3.08%
05/27/2016
|
Judith White
Sagan Harborside Sotheby's International Realty
| |
|
06/18/2008
|
2 Bed
|
3 Bath
|
2434 ft²
|
$314,900
2 Bed
3 Bath
2434 ft²
|
$305,000
-3.14%
10/24/2008
|
Ronald McKinnon
Keller Williams Realty Evolution
|
Building Info
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