24-1/2 N Central St Peabody — Photo 1 of 36
$1,100,000
Investment Analysis — 24-1/2 N Central St
Peabody, MA 01960
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01960 carries an estimated $3,390/mo in gross rent — about a 2.43% cap rate and $26,724/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,960
Style
Single Family
Built
1956
Welcome to 24 1/2 N Central St, located in Peabody’s 01960, named one of the most in-demand ZIP codes in America for 2026. Just renovated and move-in ready, this beautifully updated home offers a bright, open-concept layout with hardwood floors, recessed lighting, crown molding, and a stunning kitchen featuring two-tone cabinetry, quartz countertops, stainless steel appliances, and a large peninsula with seating. Spacious bedrooms and updated baths provide comfort and style throughout. The finished lower level adds valuable living space with a family room, office area, full bath, and walk-out access to the backyard. Enjoy a large deck, landscaped grounds, and a newly finished driveway with ample off-street parking. Conveniently located near shopping, dining, parks, major routes, and Boston. Set in one of the country’s most in-demand ZIP codes, this home is ready for its next owner.
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 1,960 sq ft principal dwelling). Lot size: 15,638 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Cooktop • Range • Rangetop - ENERGY STAR • Oven • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Laundromat
Geography
Listing Agent: Kirssis Nunez
Listing Office: eXp Realty LLC
MLS® Number: 73569382
