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3 Elginwood Road #A Peabody — Photo 1 of 34

3 Elginwood Road #A Peabody — Photo 1 of 34

$589,000

Investment Analysis — 3 Elginwood Road #A

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 3.68% cap rate and $21,653/yr in estimated NOI at the $589,000 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

1.5

SqFt

1,510

Style

Condominium

Built

1999

New to Market! Don't miss this rare opportunity to buy a Townhouse 3 Elginwood Rd. unit A in desirable West Peabody! The feel of a single family home, this spacious 4 levels of living space features a sun filled family room which leads to a private fenced in patio area, great for entertaining. The updated kitchen includes an eat in dining area.The second floor has 2 bedrooms and a full bath. One bedroom has a expanded closet. The top floor space is multi functional, 3rd bedroom, office, playroom, den.It has cathedral ceiling and a abundance of natural light. The lower level is half finished living space, laundry, storage, workshop. HOA is only $150.Highlights-in unit laundry, 3 parking spots., central air, pet friendly. Great location, easy access to major highways, shopping and restaurants. Come Visit! Open House Thursday 9/10 5:30-7:00, Saturday 9/12 11:30-1:00, Sunday 9/13 11:30-1:00, Sellers reserve the right to review and accept offers as they are received.

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 MLS and other third-party data may be inaccurate or out of date.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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Open Houses

Property Details

Financials

Original Price$589,000
Annual Taxes$4,637
HOA Fee$150

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Carpet, Vinyl
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningBN

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Freezer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

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

15 x 13

Bathroom - Half, Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Slider

Dining Room
Lvl Main,First

12 x 10

Bathroom - Half, Flooring - Hardwood, Exterior Access, Open Floorplan

Kitchen
Lvl Main,First

9 x 9

Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Recessed Lighting

Master Bedroom
Lvl Second

12 x 13

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

12 x 7

Bedroom 3
Lvl Third

19 x 18

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

Bathroom 1
Lvl Second

7 x 8

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

Bathroom 2
Lvl First

7 x 3

Bathroom - Half

Listing Provided By

Listing Agent: Ron Supino

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73572867