12 Ledgewood Way #16 Peabody — Photo 1 of 31
$525,000
Investment Analysis — 12 Ledgewood Way #16
Peabody, MA 01960
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01960 carries an estimated $2,560/mo in gross rent — about a 2.40% cap rate and $12,590/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,490
Style
Condominium
Built
1987
Welcome to 12 Ledgewood Way, Unit 16, a beautifully refreshed 2-bedroom, 2-bath condo in Peabody’s desirable Ledgewood community. Located on the second floor of an elevator building, this southwest-facing unit features a bright, open living and dining area with access to a private balcony, perfect for enjoying the afternoon sun. Freshly painted with new LVT flooring throughout, the unit offers a clean, modern feel. The good-sized primary bedroom features a large walk-in closet and private bath, while the second bedroom and full bath provide plenty of flexibility. An in-unit laundry room adds everyday convenience. Additional features include garage parking, extra storage, and plenty of guest parking. Ledgewood offers excellent amenities including a clubhouse, swimming pool, and tennis courts. Conveniently located near shopping, restaurants, major highways, and everything Peabody and the North Shore have to offer. Move right in and enjoy easy condo living!
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Shopping • Walk/Jog Trails • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Vinyl, Balcony - Exterior, Cable Hookup
Dining Room
Lvl SecondFlooring - Vinyl
Kitchen
Lvl Main,SecondFlooring - Vinyl, Breakfast Bar / Nook, Lighting - Overhead
Master Bedroom
Lvl SecondBathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Vinyl, Balcony - Exterior
Bedroom 2
Lvl SecondBathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Christopher Comeau
Listing Office: Real Estate 109
MLS® Number: 73568725
