48 Home Street Peabody — Photo 1 of 36
$455,000
Investment Analysis — 48 Home Street
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 5.34% cap rate and $24,292/yr in estimated NOI at the $455,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
864
Style
Single Family
Built
1962
This charming three-bedroom, one-bathroom ranch offers classic single-level living with incredible upside for investors, contractors, or ambitious DIY buyers. Located just minutes from vibrant Peabody amenities, this home features a practical layout, a functional eat-in kitchen, and an attached sunroom that overlooks an inground pool. While the property requires significant structural repairs, it presents a powerful opportunity to build equity and customize a classic home to your exact tastes. Agents: Kindly read all showing instructions, firm remarks and/or disclosures.
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: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 6,268 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range • Refrigerator
Neighborhood
Shopping • Park • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl Main,FirstFlooring - Vinyl, Dining Area
Master Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
Listing Agent: Sharon F. Power
Listing Office: Silva Realty Group, Inc.
MLS® Number: 73569241
