24 Cabot # 1, Salem MA 01970

Salem, MA 01970
$379,000
$369,000
Est. $2,845/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1
Baths
920
Sq Ft
$401
Price/Sq Ft
0.11
Acres
1870
Year Built
2
Garage Spaces
40
Days on Market
For Sale Price Drop -$10,000 Listed Aug 12, 2026 • MLS# 73562998 Copied! • Updated Sep 19, 2026

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About this home

Motivated seller! Location Location! Turn-key, first floor, sunny, 2 BR, 1BA pet friendly condo ready for it's new owner. Beautiful urban oasis seamlessly combining original character details with modern updates. Featuring lots of natural light, granite & stainless kitchen, renovated bathroom, crystal lights, new vinyl tile floors in the kitchen and bath, gleaming hardwood floors in the bedrooms and living room and high ceilings throughout. In-unit washer/dryer. Condo fee includes heat and hot water. Wait there's more! A deeded oversized garage bay with automatic opener. Park 1 or 2 small cars. Use as an art studio with ample storage. Private backdoor entrance. Fabulous location in the heart of Salem. Close proximity to shops and restaurants, the MBTA train to Boston, Salem State, waterfront parks. Stop paying rent and start gaining equity. Some defered maintenance in the exterior and low reserves. Get involved in this welcoming complex. A fantastic opportunity for savvy buyers to get into the hot Salem market at a great price. 100% owner occupied. Private showings easy to schedule.

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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
2.6%
Price Range

Property Timeline

Price Reduced
Sep 11, 2026
$369,000 $6,000 (-1.6%)
From $375,000 to $369,000 (-1.6%)
Price Reduced
Sep 10, 2026
$375,000 $3,000 (-0.79%)
From $378,000 to $375,000 (-0.8%)
👁️
Showing Instructions Updated
Sep 8, 2026
New showing requirements
👁️
Showing Instructions Updated
Sep 4, 2026
New showing requirements
Price Reduced
Aug 31, 2026
$378,000 $1,000 (-0.26%)
From $379,000 to $378,000 (-0.3%)
👁️
Showing Instructions Updated
Aug 22, 2026
New showing requirements
Back On Market
Aug 22, 2026
Active
📋
Status: Active under contract
Aug 17, 2026
Active → Active Under Contract
🏠
Listed for Sale
Aug 13, 2026
$379,000
Original listing
Agent: Carol Henriquez Office: Coldwell Banker Realty - Cambridge

Tax History

Year Taxes Assessment
2026 $3,954 $366,800

Financial Details

Annual Property Tax
$3,954
Tax Year 2026
HOA Fee
$450
Monthly
Assessed Value
$366,800

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1870
Living Area 920 sq ft
Lot Size 0.11 acres
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Oil
Cooling Window Unit(s)
Flooring None
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Detached, Garage Door Opener, Storage, Deeded, Off Street, Paved
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,954
Assessed Value $366,800

HOA & Community

HOA Fee $450 Monthly
Fee Includes Heat, Water, Sewer, Insurance
Amenities Hot Water
Optional Fee Includes None
Owner-Occupied Units 4
Down Payment Resource Eligible
Pets Yes
Lead Paint Unknown
Seller Disclosures Association Installed A New Heating System. Beginning To Save For Other Projects.
Exclusions Combo Washer And Dryer Will Convey
Possession None
Accepted Financing Contract
Structure Type ["2/3 Family"]
Unit/Building 1
Sq Ft Source Measured
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (5)
County Essex
Total market time (incl. prior listings) 38 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1870
Bedrooms
2
Full Bathrooms
1
Living Area
920 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring:
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1870
Effective Year (Renovated): 2009
Structure Type: 2/3 Family
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Oil
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: Detached, Garage Door Opener, Storage, Deeded, Off Street, Paved

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $330
Homeowners Insurance $200
HOA Fee $450/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

24 Cabot # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Carol Henriquez
Listing Office Coldwell Banker Realty - Cambridge
Office Phone 617-864-4430
Agent MLS ID BB809921
Office MLS ID AN6200
Listing Data Updated Sep 19, 2026 6:49 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
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