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3 Days on market
16 Country Club Rd #16 Peabody — Photo 1 of 41

16 Country Club Rd #16 Peabody — Photo 1 of 41

$615,000

Investment Analysis — 16 Country Club Rd #16

Peabody, MA 01960

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01960 carries an estimated $3,080/mo in gross rent — about a 2.94% cap rate and $18,102/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,520

Style

Condominium

Built

1972

One of the few townhomes in the sought-after Arboretum whose backyard abuts Salem Country Club and its picturesque golf course! This exceptional location offers a peaceful backdrop and a wonderful sense of privacy. Featuring more than 1,500 sq. ft. across two levels, this spacious 3-bedroom, 1.5-bath home combines inviting interiors with standout outdoor living. A custom-designed deck with extensive built-in seating and a dedicated grilling area makes room for morning coffee, summer dinners and quiet evenings outdoors. Inside, the renovated kitchen features granite countertops, a Bosch induction range and refreshed cabinetry. A newly renovated half bath, newer flooring, recessed lighting, replacement windows and custom closet systems enhance everyday comfort, while new carpeting extends throughout the second floor and staircase. Three generously sized bedrooms offer flexibility for family, guests or a home office. In-unit laundry, central air, an attached one-car garage and a newer water heater add convenience. The association completed the roof and exterior painting in 2022. The Arboretum’s amenities include an inground pool, clubhouse, tennis and pickleball courts, bocce and a putting green, with shopping, dining and major routes within easy reach. An inviting home. A coveted location. A rare opportunity to make this corner of the Arboretum your own!

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.

Open Houses

Property Details

Financials

Original Price$615,000
Annual Taxes$4,528
HOA Fee$455

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Pool • Tennis Court(s) • Park • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Bathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

11.916666666 x 15.833333333

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

10.25 x 12.083333333

Flooring - Hardwood, Open Floorplan, Slider, Lighting - Pendant

Kitchen
Lvl Main,First

10.75 x 12.333333333

Flooring - Stone/Ceramic Tile, Open Floorplan, Recessed Lighting, Stainless Steel Appliances

Master Bedroom
Lvl Second

11.833333333 x 18

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl Second

10 x 14.083333333

Bedroom 3
Lvl Second

11.333333333 x 14.833333333

Ceiling Fan(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bathroom 1
Lvl First

3.916666666 x 4.916666666

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 2
Lvl Second

4.916666666 x 11

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Listing Provided By

Listing Agent: Kimberly Kearnsnardone

Listing Office: Kearns Nardone Realty LLC

MLS® Number: 73574836