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49 Salem St #1, Reading, MA, 01867

3beds
3baths
2,300sqft
$1,299,000
$565price/sqft
$8,445/moest. monthly cost
$337,800/yrincome needed

About This Home

Exceptional new construction townhome offering a beautifully designed living space in the heart of Reading. Perfectly positioned near downtown shopping, dining, & public transportation, this home blends modern convenience w/ refined comfort. Step inside to an inviting open concept main level, featuring a bright white chef’s kitchen w/ sleek finishes, a spacious living rm & a cozy gas fireplace—ideal for everyday living & entertaining. A well appointed mudroom provides practical storage & direct access to the yard, completing the thoughtful 1st floor layout. Upstairs, the primary en-suite impresses w/ a generous walk-in closet & a spa inspired bathroom. Two additional well appointed bedrooms, a stylish guest bath & a convenient laundry area offer comfort & functionality for every lifestyle. The home also includes a walk-up attic & basement just waiting to be finished & garage parking for 1 car plus 2 additional guest spaces, ensuring ease for both residents & visitors.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

7/10
8/10

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator,Range Hood
  • Laundry features: Second Floor,In Unit,Electric Dryer Hookup

Basement

  • Has basement: Yes

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bedroom2

  • Level: Second
  • Area: 162

Bedroom3

  • Level: Second
  • Area: 164.399999999

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Mud Room,Walk-up Attic
  • Flooring: Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 2,300
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,300
  • Total interior livable area: 2,300 sqft

Kitchen

  • Level: First
  • Area: 254.1

Living Room

  • Level: First
  • Area: 346.799999999

Master Bathroom

  • Features: Yes

Master Bedroom

  • Level: Second
  • Area: 266.7

Property

Details

  • Parcel number: 733946
  • Zoning: A40

Features

  • Patio & porch: Patio
  • Exterior features: Patio,Fenced Yard
  • Fencing: Fenced

Parking

  • Total spaces: 3
  • Parking features: Attached,Storage,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 2

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

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

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

MonthlyAnnual
Mortgage $6,568$78,816
Home Insurance *$331$3,972
Property Taxes $1,093$13,116
Electricity $453$5,442
Total$8,445$101,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$289,542/yr
40% on housing$253,350/yr
45% on housing$225,200/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$565This listing

vs Other Active Listings

Avg $/sqft

ZIP 01867$403
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01867$478
Middlesex County$413

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

DateEventPrice
2026-05-28Listed for sale$1,299,000

For Sale by Agent

AgentHixon + Bevilacqua Home Group
BrokerageColdwell Banker Realty - Lynnfield

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