Salem 4 beds 2 baths

Flexible Move-In Date

39 Photos

$3,500/mo

4 Beds

2 Baths

Available: Now

Salem, MA

16 Lafayette Place, Salem, MA 01970

Amenities & Apartment Information

Unit

Pet Friendly

In-Unit Laundry

Property Description

Stunning Four Bedroom 2 Bath Apartment in the Heart of Salem. Enjoy spacious 2nd and 3rd floor living within a 10 minute walk to the center of historic Salem, including Essex St, the Salem Common, Peabody Essex Museum and the bustling waterfront. The apartment features an elegant second floor living room/dining area, a huge primary bedroom with six large windows, a sunroom, kitchen, full bath and office. The third floor has three additional bedrooms and a full bath with washer /dryer. Amenities included: deck, hardwood floors, storage and 2 off street parking spots. Short walk to beautiful Forest River Park and Salem State University. Commute easily to downtown Boston via the Salem Ferry, the commuter rail, or bus. Utilities included: water. All pets must be approved by Landlord.Ideal situation for home office. Would be willing to do a 1 year lease for your buyer or seller who just sold home and wants to wait for market to change to purchase a new home.

Map & Nearby Areas

Saltonstall School

Public Elementary School, Grades: K-8

0.09mi

Saint Josephs School

School

0.33mi

Salem Academy Charter School

Charter School, Grades: 6-12

0.35mi

Salem State University O'Keefe Center

University

0.4mi

Salem Academy Charter School

Charter School, Grades: 6-12

0.46mi

Crave

Restaurant

0.44mi

Spitfire Tacos

Restaurant

0.44mi

Witch City Hibachi

Sushi & Thai & Chinese & Japanese Restaurant

0.45mi

Rayadea’s

Mediterranean Restaurant. Offers: Vegan, Halal, Pescetarian, Lactose Free, Vegetarian, Kosher

0.46mi

PZA Grille

Pasta & Pizza & Sandwich Restaurant

0.46mi

North Shore Medical Center - Salem Hospital

Hospital

0.51mi

Salem Fire Department

Fire Station

0.55mi

Salem Police Department

Local Police

0.38mi

Pioneer Village

Museum

0.37mi

Batting Cage

Sports Centre. Sports: Baseball

0.43mi

Palmer Cove Park

Municipal Park

0.09mi

Mary Jane Lee Park

Municipal Park

0.26mi

Lafayette Park

Municipal Park

0.31mi

Forest River Park

Park

0.37mi

15 Peabody Street Park

Municipal Park

0.45mi

Marblehead Bank

Bank

0.25mi

St. Jean's Credit Union

Bank

0.46mi

Jia The Nail Place

Nails

0.24mi

Mindy's Nails

Nails

0.26mi

Andrew Michaels Salon & Spa

Hairdresser

0.27mi

Dr. Stan Garber DMD

Dentist

0.11mi

Prime Gas Station

Gas Station

0.22mi

Sunoco

Gas Station

0.37mi

Friendly Mini Mart

Convenience

0.06mi

Richdale Convenience Store

Convenience

0.24mi

Sunoco

Convenience

0.36mi

Los Amigos

Convenience

0.41mi

Crosby's Marketplace

Supermarket

0.23mi

Daily Table

Supermarket

0.33mi

Family Dollar

Variety Store

0.34mi

Lafayette St @ Saltonstall Pkwy

455

0.07mi

Lafayette St @ Hancock St

455

0.07mi

Lafayette St @ Leach St

455

0.08mi

Lafayette St @ Holly St

455

0.08mi

Lafayette St @ Laurel St

455

0.17mi

Lafayette St @ Willow Ave

455

0.18mi

Lafayette @ Leavitt St

455

0.18mi

Lafayette St @ Cedar St

455

0.23mi

Nearby Areas

Boston Apartments

Beverly Apartments

Danvers Apartments

Gloucester Apartments

Swampscott Apartments

Price Comparison

This apartment is above the average price of $3,400 for 4 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. Contact Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 4 Bedroom Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$127,273 - $168,000

You + 3 Roommates, Each:

$35,000 - $42,000

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

$4,900

View Apartments

Mid Range

25% of Gross Income

$3,500

View Apartments

Low Range

15% of Gross Income

$2,100

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Listing courtesy of Edward Scialdoni, Churchill Properties
MLS ID#: 73299941

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Contact Agent

Boston Pads

279 Newbury Street
Boston, MA 02116

(617) 208-2121

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Have You Considered Buying
Your Own Home?

Instead of paying $3,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 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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