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Welcome to 20 Orchard Terrace in Salem, NH — a fully renovated gem that blends modern updates with unbeatable convenience. This 3-bedroom, 2-bath home has been thoughtfully transformed from top to bottom, featuring all new flooring, stunning granite countertops, a brand-new roof, and a brand-new water heater, giving buyers peace of mind from day one. Step outside and fall in love with the incredible backyard — the perfect space for entertaining, relaxing, or enjoying summer nights, complete with a premium Reeds Ferry shed for added storage and style. With the rare bonus of two driveways, there’s plenty of room for guests, extra vehicles, or all the toys that come with New England living. Tucked away on a quiet dead-end street, this home offers the kind of neighborhood buyers dream about — a place where children can safely play and neighbors can enjoy evening walks with the dogs without worrying about heavy traffic. Peaceful and family-friendly, it gives you that true neighborhood feel while still being close to everything. Location is everything, and this home delivers. A true commuter’s dream, conveniently located right off Exit 2 with easy access to Boston and major routes. Enjoy being directly across from Canobie Lake Park and just minutes from Tuscan Village’s shopping, dining, and entertainment. Fully updated, move-in ready, and offering the perfect blend of comfort, convenience, and community — this home checks every box.
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 5/22/2026Our 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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Our Executive Mortgage Banker:
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$569,000
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 |
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|---|---|---|---|
| Loan Amount | $455,200 | $455,200 | $455,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $558 | $558 | $558 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,803 | $2,874 | $3,780 |
| Total Monthly Payment | $3,453 | $3,524 | $4,430 |
* 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.