7 Crombie St #4 Salem — Photo 1 of 16
Recent Drop: $24,900
$325,000
Investment Analysis — 7 Crombie St #4
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01970 carries an estimated $2,160/mo in gross rent — about a 4.09% cap rate and $13,286/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
656
Style
Condominium
Built
1900
Historic charm meets modern convenience in the heart of downtown Salem. Nestled within a beautifully converted historic building in Salem’s Historic District, this inviting 1-bedroom residence offers an exceptional blend of character, style, and location. Enjoy a vibrant, walkable lifestyle just steps from renowned restaurants, boutique shopping, museums, the waterfront, and Salem’s celebrated year-round attractions. Inside, you'll find a thoughtfully designed living space featuring an exposed brick wall, a stylish kitchen with butcher block countertops, stainless steel appliances, polished concrete floors, A/C, and in-unit laundry. Commuters will love being less than a .5 mile from the Salem MBTA station, easy access to Boston and beyond. A rare downtown luxury, this home includes a deeded parking space in the Church Street Garage and is part of a pet-friendly association. Experience the best of Salem living with historic character, and an unbeatable location right outside your door.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access • Marina • T-Station • University
Geography
Property History
$325,000
Was $349,900
Sep 10, 2026
MLS® 73559759
$349,900
Aug 5, 2026
MLS® 73559759
$359,900
Jul 9, 2026
MLS® 73541072
$359,900
Jun 24, 2026
MLS® 73541072
Listing Agent: Ciampa Group
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73559759