17 Greenwood Road Peabody — Photo 1 of 42
$649,900
Investment Analysis — 17 Greenwood Road
Peabody, MA 01960 — South Peabody
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 3.63% cap rate and $23,565/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,349
Style
Single Family
Built
1950
Welcome to 17 Greenwood Road, a beautifully updated, move in ready Cape tucked away on a quiet, tree lined street. Thoughtfully updated throughout, this home is ready for its new owners to simply unpack and enjoy. The gorgeous kitchen features stylish finishes and flows seamlessly into the main living spaces, creating a warm and inviting setting for everyday living and entertaining. A first floor primary bedroom offers convenience and flexibility, while an added bonus room provides the perfect space for a home office, mudroom, playroom, den or additional living area. An updated bathroom completes the main level. Upstairs, you’ll find two additional generously sized bedrooms offering plenty of space and storage. Step outside to an expansive deck overlooking the above ground pool, perfect for summer gatherings, outdoor dining and relaxing. With its thoughtful updates, flexible living spaces and wonderful location, 17 Greenwood Road is truly ready to welcome you home! Come see for yourself at the open houses Thur 9/10 4:30-6pm and Sat and Sun Sept 12th & 13th from 12:30-2:00pm. Offers are due Monday Sept 14th by 3pm.
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: 675 sq ft (the lesser of 900 sq ft or half the 1,349 sq ft principal dwelling). Lot size: 7,004 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
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 12
Flooring - Hardwood
Dining Room
Lvl First16 x 12
Flooring - Hardwood, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead
Kitchen
Lvl Main,First13 x 11
Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances
Master Bedroom
Lvl First11 x 9
Flooring - Hardwood, Closet - Double
Bedroom 2
Lvl Second12 x 15
Bedroom 3
Lvl Second16 x 13
Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First7 x 8
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Bathroom 2
Lvl Basement4 x 11
Bathroom - Half
Listing Agent: Christine Rich
Listing Office: Citylight Homes LLC
MLS® Number: 73573505
