96 Derby St #1, Salem, MA, 01970
About This Home
PRICE IMPROVEMENT! Charming condo in a historic area just steps from the water. Features a spacious open floor plan, two large bedrooms with great natural light, and a private entrance. Ideally located a short walk to Salem’s vibrant downtown, full of restaurants, shops, attractions, and entertainment. Conveniently near Salem State University, Salem Common, Salem Willows, Pickering Wharf, and Forest River Park. Great for commuters, located across the street from the Salem Ferry and a short walk to the MBTA Commuter Rail, allowing easy access to Boston and the North Shore. Additional features include a pet-friendly association, shared outdoor deck, and extra storage in the basement.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Frame
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Laundry features: Common Area,In Building
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Wood,Tile
- Finished area above ground: 971
Heating & Cooling
- Heating features: Baseboard,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 971
- Total interior livable area: 971 sqft
Master Bathroom
- Features: Yes
Property
Details
- Parcel number: M:41 L:0062 S:801
- Zoning: B1
Features
- Patio & porch: Patio
- Exterior features: Patio
- Waterfront features: Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $339 | $4,068 |
| Electricity | $354 | $4,259 |
| Total | $2,830 | $33,960 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-25 | Price change | $424,999 |
| 2026-04-14 | Price change | $449,000 |
| 2026-04-01 | Listed for sale | $475,000 |
| 2024-05-30 | Listing removed | -- |
| 2024-05-07 | Listed for rent | $2,800 |
| 2023-05-08 | Listing removed | -- |
| 2023-04-17 | Listed for rent | $2,600 |
| 2021-05-27 | Listing removed | -- |
| 2021-04-26 | Listed for rent | $2,200 |
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