9 Sprague St Peabody — Photo 1 of 1
$800,000
Investment Analysis — 9 Sprague 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 3.13% cap rate and $25,008/yr in estimated NOI at the $800,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,315
Style
Single Family
Built
1946
This house is being sold is as is condition with no representations by seller or agent. Buyer will be responsible for the clean out of the property and installing smoke detectors. will not qualify for an fha loan.seller requests cash offers Electricity is off. Heat system needs to be replaced. Home needs renovation. Seller requests cash buyers only Open thurs 9/10 530-7 pm offers due 9/11 5 pm
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 2,315 sq ft principal dwelling). Lot size: 12,885 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Janet Howcroft
Listing Office: Five Star Realty Group
MLS® Number: 73572617
