106 Lynnfield St Peabody — Photo 1 of 37
$825,000
Investment Analysis — 106 Lynnfield St
Peabody, MA 01960 — South Peabody
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01960 carries an estimated $3,390/mo in gross rent — about a 2.96% cap rate and $24,445/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,188
Style
Single Family
Built
1955
Welcome to 106 Lynnfield Street, a spacious and beautifully updated Garrison offering an incredibly flexible layout with room for everyone. Extensively renovated in 2018, the home features an updated roof, siding, windows, heating system, central air, kitchen, and bathrooms. The main level is highlighted by an impressive great room with soaring cathedral ceilings, creating the perfect space for entertaining, holidays, or simply relaxing at home. An open kitchen and dining area, additional living room, full bath, and first-floor bedroom provide even more versatility. Upstairs, you’ll find four generously sized bedrooms and another full bath. The finished lower level adds valuable bonus space, including a potential sixth bedroom or home office, laundry, storage, and direct walkout access to the backyard. Outside, enjoy a large, level fenced yard complete with a covered patio, above-ground pool, garden area, and storage shed. With abundant off-street parking and a layout designed to adapt to a variety of needs, this Peabody home offers exceptional space both inside and out.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,188 sq ft principal dwelling). Lot size: 15,682 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Kitchen Island, Recessed Lighting
Family Room
Lvl BasementFlooring - Wall to Wall Carpet
Master Bedroom
Lvl SecondFlooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bedroom 5
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall
Listing Agent: Scott E. Jones, Jr.
Listing Office: RE/MAX Platinum
MLS® Number: 73568997
