$749,000
- 4 Beds
- 2 Baths
- 1,512 Sq Ft
27 E Collins St, Salem, MA 01970
Demostenes Nunez Tremont Realty Group, LLC
Frequently Asked Questions Why Live in Collins Cove
Is Collins Cove a good place to live?
Collins Cove is a good place to live. Collins Cove is considered fairly walkable and bikeable. Collins Cove has 1 park for recreational activities. It has a median age of 39. The average household income is $111,276 which is above the national average. College graduates make up 51.8% of residents. A majority of residents in Collins Cove are home owners, with 41.4% of residents renting and 58.6% of residents owning their home. A local real estate agent serving Collins Cove can help you decide if this neighborhood is the right one for you. Learn more on our Collins Cove neighborhood guide.
How much do you need to make to afford a house in Collins Cove?
The median home price in Collins Cove is $469,900. If you put a 20% down payment of $94,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in Collins Cove. The average household income in Collins Cove is $111K.
What are the best public schools in Collins Cove?
The best public schools that serve Collins Cove are:
- Salem High School has a B- Niche grade, a student teacher ratio of 9:1 and an average review score of 3.6.
- Carlton Elementary School has a B- Niche grade and a student teacher ratio of 10:1.
- Saltonstall School has a C+ Niche grade and a student teacher ratio of 12:1.
What are the best private schools in Collins Cove?
The best private schools that serve Collins Cove are:
- Bishop Fenwick High School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 3.8.
- Mrs Alexander's School has a student teacher ratio of 10:1.
What are the most popular zip codes in Collins Cove, Salem, MA?
What are the most popular neighborhoods near Collins Cove, Salem, MA?
The most popular neighborhoods near Collins Cove, Salem, MA are Salem Willows, Salem Common, Derby Street, North Salem and Downtown Salem.
Are home prices dropping in Collins Cove?
Yes, home prices in Collins Cove are down 1% in the last 12 months.
