Salem, MA
3 Beds
3 Baths
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$4,750/mo
No Fee
Heat Included

Amenities & Apartment Information

Unit

Central A/C
In-Unit Laundry
Granite Countertops
Stainless Steel Appliances

Property Description

Sun-filled completely renovated townhouse condo in Historic Rufus Choate House offers versatile floor plan for any life-style. Gracious rooms two with decorative fireplaces, many rooms with original wide pine floors, 3-4 bedrooms, 2.5 baths. The living level offers a huge kitchen/family room. Custom Kitchen with stainless and granite countertops. A gracious room with fireplace could be either a dining room or living room, and another large room could be a bedroom or office. A laundry/pantry is off the kitchen and a half bath complete the main level. The second floor showcases a magnificent en-suite main bedroom with beamed ceilings and unique plexiglass half walls, bathroom and dressing room/office. The second bedroom with fireplace also has a half wall with with plexiglass and beams. In the heart of Downtown Salem with all the amenities the city offers. Commuter rail is one block away and blocks from the marina, historic museums and more.

Map

Price Comparison

This apartment is above the average price of $3,450 for 3 bedroom apartments in Salem. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Use the contact form to schedule a showing or request a rental application. This listing may not last much longer.

Average Rent Prices for 3 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$190,000 - $228,000
You + 2 Roommates, Each:
$63,333 - $76,000
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$6,650

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Mid Range

25% of Gross Income

$4,750

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Low Range

15% of Gross Income

$2,850

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Have You Considered Buying Your Own Home?

Instead of paying $4,750/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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Apartment Listing Inquiry Form