28 Warren St Peabody — Photo 1 of 22
Recent Drop: $7,250
$522,650
Investment Analysis — 28 Warren St
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 4.62% cap rate and $24,133/yr in estimated NOI at the $522,650 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,058
Style
Single Family
Built
1920
Located in one of the area’s hottest zip codes, this Peabody ranch combines thoughtful updates, flexible living space & the convenience of one-level living. Filled with natural sunlight, the main level features an updated eat-in kitchen with quartz countertops, stainless steel appliances, ample cabinetry & vinyl flooring. Three generously sized bedrooms, each featuring wood floors and ample closet space, along with an updated full bath with a convenient linen closet, complete the main level.The unfinished lower level with full walkout offers endless possibilities and plenty of space for future expansion - imagine a family room, teen suite, home office, gym, playroom, guest space or potential in-law setup. Outside, enjoy a fenced private yard, additional storage & a 3-car driveway providing plenty of off-street parking. Conveniently located close to shopping, restaurants, major routes & all that Peabody has to offer. A wonderful opportunity for anyone looking for the ease of ranch-style living with room to grow!
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: 529 sq ft (the lesser of 900 sq ft or half the 1,058 sq ft principal dwelling). Lot size: 2,178 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First8 x 14
Flooring - Vinyl
Dining Room
Lvl null13 x 23
Kitchen
Lvl Main,First13 x 23
Flooring - Laminate, Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Remodeled, Lighting - Overhead
Master Bedroom
Lvl First13 x 12
Closet, Lighting - Overhead
Bedroom 2
Lvl First8 x 17
Bedroom 3
Lvl First8 x 10
Closet, Lighting - Overhead
Bathroom 1
Lvl First9 x 9
Bathroom - Half, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Property History
$522,650
Was $529,900
Sep 10, 2026
MLS® 73568141
$529,900
Aug 25, 2026
MLS® 73568141
Listing Agent: Hope Addorisio
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73568141
