Illustration
2 Derby Lane Unit B, Salisbury, MA 01952
One income-restricted home for sale in Salisbury, with 2 bedrooms.
- Type of listing
- For sale
- Price
- $258,876
- Deadline
- No deadline
- How you get in
- First come
- How to apply
- By email or by mail
- Listing page
- MyMassHome ↗
Cost and eligibility
| Size | Price | Homes |
|---|---|---|
| 2 bedrooms | $258,876 | 1 |
Asset limit
$75,000
Other costs
Condo fee: $550 each.Estimated property tax: $1,600 each.
Criteria
Open to
First-time home buyers
Income limits
| Household | Maximum income The most your whole household can earn in a year, before taxes. |
|---|---|
| 1 person | $96,000 |
| 2 people | $109,700 |
| 3 people | $123,400 |
| 4 people | $137,100 |
| 5 people | $148,100 |
Other rules from the listing
- Must be your main home; you can't rent it out.
- You can't own property when you apply.
- Mortgage pre-approval must come with the application.
- Down payment of at least 3%, half from your own funds.
- No family loans or FHA mortgages.
How to apply
By email
By mail
L.A. Associates, Inc.
5 Middlesex Avenue, Unit 16
Wilmington, MA 01887
5 Middlesex Avenue, Unit 16
Wilmington, MA 01887
Documents you'll need
- Copies of the last 3 years of federal tax returns with 1099s
- W-2s and schedules
- For everyone over 18
- Copies of the 5 most recent pay stubs
- Self-employed people give a 6-month profit and loss statement
- Benefit letters for unemployment or Social Security
- And the court decree for child support or alimony
- Copies of the 3 most recent statements of all bank
- Investment and retirement accounts
- Mortgage pre-approval and proof of funds for the down payment and closing costs
- Papers on any current or past interest in real estate
- If you have one
- Notarized no-income statement for any adult with no income
- And no-child-support statement for single parents
- If they apply
- School registration for full-time students over 18 who are not heads of household
- And proof of pregnancy if pregnant
Forms
Contact
Contact person
Kristen Costa
Phone
Details
Run by
Source
Good to know
A deed rider limits the resale price.Pets are allowed.
Last checked
Nov 9, 2026