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Welcome to 1 Ballard Lane! Enjoy a million-dollar neighborhood without the million-dollar price tag. This beautifully maintained 3-bedroom, 2. 5-bath home is perfectly set on a . 55-acre corner lot in a desirable cul-de-sac neighborhood surrounded by homes over $1M. The vaulted front-to-back living room features a cozy wood-burning fireplace, creating the perfect spot to gather and unwind. The main level also offers a eat in kitchen, separate dining room, spacious office and laundry. Step outside to a 12x20 composite deck overlooking the private yard—great for relaxing or hosting summer get-togethers. Upstairs, the primary suite offers a private bath, two walk-in closets and 2 more spacious bedrooms with a shared bath. Additional highlights include a 2-car garage, blown-in insulation, central a/c, public water, newer roof, tons of closets and a bright & cheery home with lots of natural light. Excellent commuter location near the MA border and close to all of Salem’s shopping, dining, and amenities. Move right in and enjoy comfort, quality, happiness and convenience!
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/5/2025Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$779,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $623,920 | $623,920 | $623,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $816 | $816 | $816 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,641 | $3,791 | $5,057 |
| Total Monthly Payment | $4,549 | $4,699 | $5,965 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.