
13 Nightingale Lane #13 Salem — Photo 1 of 40
Recent Drop: $40,000
$529,000
Investment Analysis — 13 Nightingale Lane #13
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 2.41% cap rate and $12,760/yr in estimated NOI at the $529,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,671
Style
Condominium
Built
1986
Spacious, well-maintained townhouse abutting tranquil, scenic woodlands in highly sought-after Hamlet complex in South Salem. Updated home features beautiful hardwood floors, abundant natural light from new windows & skylights, and fresh paint throughout. The kitchen features quartz counters, newer appliances, and ample cabinet space. The dining room area with sliding doors opens to a large, refreshed deck, providing an ideal spot for morning coffee & sunrise. Dining area flows into an additional living space that can serve as a family room or home office. The nearby living room features a wood-burning fireplace with custom surround, creating a warm atmosphere for gathering. Upstairs, you find the primary bedroom with a vaulted ceiling, lots of light, a double closet, and an en-suite bath with new skylights. A second spacious bedroom with ample closet space and an en-suite full bath also includes a new skylight. The lower level offers one-car garage access, storage shelves, and a second tandem parking spot behind. Additional finished flex space, suitable as an office, workout room, or studio, rounds out the lower level. Newer washer and dryer included. Special assessments paid by owner prior to closing. Patio spaces outside with quiet garden areas. Close path leads to Salem Woods. Conveniently located between Vinnan Square shops, restaurants, and shopping and Salem's vibrant downtown. Commuter rail nearby, along with access to all major routes.
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.
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Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
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Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 10
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl First11 x 10
Flooring - Hardwood, Balcony / Deck, Lighting - Overhead
Kitchen
Lvl First11 x 9
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Gas Stove, Lighting - Overhead
Family Room
Lvl First10 x 10
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Primary Bedroom
Lvl Second19 x 12.5
Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead, Closet - Double
Bedroom 2
Lvl Second14 x 12.5
Bathroom 1
Lvl First5 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 2
Lvl Second8.5 x 5.5
Bathroom - Full, Skylight, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce
Bathroom 3
Lvl Second9 x 5.5
Bathroom - Full, Skylight, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce
Property History
$529,000
Was $549,000
Aug 31, 2026
MLS® 73535282
$549,000
Was $569,000
Jul 5, 2026
MLS® 73535282
$569,000
Jun 15, 2026
MLS® 73535282
Listing Agent: David Brown
Listing Office: Coldwell Banker Realty - Beverly
MLS® Number: 73535282