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Off market
  • $587,600

    40 Winthrop St #3, Salem, MA 01970

    3beds
    1,328sqft
    Apartment
    Built in ----
    -- sqft lot
    $587,600 Zestimate®
    $442/sqft
    $3,290 Estimated rent

    Home value

    $587,600

    $546,000 - $629,000

    $3,290/mo

    Zestimate® history
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    $3,836/mo

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    What's special

    Central air conditioningOpen-concept kitchenLinen storageRich hardwood floorsMarble countertopsEn-suite bathroomSecond-floor private porch

    Luxurious modern condo designed for discerning tenants who appreciate architecture, light, and refined finishes. This exceptional residence blends an industrial-modern aesthetic with high-end details throughout. Soaring vaulted ceilings, oversized windows, and rich hardwood floors create a dramatic, airy atmosphere. The open-concept kitchen is a true centerpiece, featuring marble countertops, a large island ideal for entertaining, pantry storage, a wine cooler, and premium appliances including refrigerator, gas range, dishwasher, and a built-in microwave cubby. The primary bedroom offers a private retreat with a walk-in closet and en-suite bathroom. The main bathroom is equally impressive, showcasing a large skylight that floods the space with natural light, linen storage, and a full-size washer and dryer. Enjoy multiple private outdoor spaces, including a second-floor private porch and a private patio area on the lower level. Additional features include central air conditioning, private basement storage (approximately 9' x 7'), and one off-street parking space suitable for a compact vehicle. Ideally located minutes from downtown Salem, Salem Hospital, nearby beaches, bike paths, and Willows Park, with commuter rail access approximately 15 minutes away offering the perfect balance of convenience and lifestyle. Rent Terms: Rent: $3,500/month Move-in Costs: First Month: $3,500 Security Deposit: $3,500 Utilities: Tenant responsible for utilities Parking: One off-street parking space included Laundry: Washer and dryer in unit Storage: Private basement storage included Pets under 25 lbs ok/ No smoking NO BROKER FEE Requirements: Completed rental application, valid photo ID, proof of income, credit score 680+ preferred, references This is not a co-broke. Agent to collect fee from their client.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Hardwood, Tile
    Interior area
    • Total interior livable area: 1,328 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Walk In Closet
    Details
    • Parcel number: SALEM25L0488S803

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Deposit fee: $3,500
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $442/sqft
    • Tax assessed value: $496,700
    • Annual tax amount: $5,772
    • Date on market: 12/22/2025
    • Date available: 02/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    2/11/2026Listing removed$3,500$3/sqft
    Source: Zillow Rentals Report a problem
    1/12/2026Price change$3,500-2.8%$3/sqft
    Source: Zillow Rentals Report a problem
    1/8/2026Price change$3,600-2.7%$3/sqft
    Source: Zillow Rentals Report a problem
    12/23/2025Listed for rent$3,700$3/sqft
    Source: Zillow Rentals Report a problem
    10/22/2019Listing removed$359,900$271/sqft
    Source: Coldwell Banker Residential Brokerage - Newton #72556446 Report a problem
    9/4/2019Pending sale$359,900$271/sqft
    Source: Coldwell Banker Residential Brokerage - Newton #72556446 Report a problem
    8/29/2019Listed for sale$359,900+7.4%$271/sqft
    Source: Coldwell Banker Residential Brokerage - Newton - Centre St. #72556446 Report a problem
    1/17/2017Sold$335,000$252/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,772 +3.5%$496,700 +11.4%
    2023$5,579 $446,000
    2022$5,579 +4.8%$446,000 +15.6%
    2021$5,324 -10.2%$385,800 -5.9%
    2020$5,926 +5.6%$410,100 +10.4%
    2019$5,610 +10.6%$371,500 +12.6%
    2018$5,072 $329,800
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $587,600
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    Estimated market value
    $587,600