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10 Ledgewood Way #10 Peabody — Photo 1 of 40

10 Ledgewood Way #10 Peabody — Photo 1 of 40

$475,000

Investment Analysis — 10 Ledgewood Way #10

Peabody, MA 01960

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01960 carries an estimated $2,560/mo in gross rent — about a 2.50% cap rate and $11,888/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,535

Style

Condominium

Built

1986

Enjoy easy, single-level living in this spacious 1,535 sq. ft. garden-style condo in the desirable Ledgewood community. Set in a peaceful, well-maintained and professionally managed elevator building, this move-in-ready second-floor unit offers a comfortable and versatile layout with plenty of closet space and thoughtful storage throughout. The open floor plan features a generous living/dining room combination with access to the private balcony, creating a wonderful space to relax. The eat-in kitchen offers ample cabinetry and is conveniently located next to an in-unit laundry and storage/utility room. The spacious primary suite features a walk-in closet and ensuite bath with double vanity and shower, along with direct access to the private balcony. The generously sized second bedroom also offers a slider to the balcony, while a welcoming entry foyer provides additional closet space. Additional highlights include a second full bath, assigned lower-level garage parking conveniently located next to the elevator, and a private storage closet. Residents of Ledgewood enjoy an outdoor in-ground pool, clubhouse, tennis courts, and plenty of guest parking. Conveniently located near shopping, restaurants, major highways, and all that Peabody and the North Shore have to offer. A wonderful opportunity for comfortable, convenient condo living in a well maintained unit in desirable setting.

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

Original Price$475,000
Annual Taxes$4,427
HOA Fee$586

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Vinyl, Carpet, Laminate, Flooring - Stone/Ceramic Tile
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningBR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Second

23 x 13

Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting

Dining Room
Lvl Second

12 x 7

Flooring - Laminate, Flooring - Vinyl, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Second

16 x 8

Flooring - Vinyl, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Overhead

Primary Bedroom
Lvl Second

25 x 11

Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony - Exterior, Recessed Lighting, Slider

Bedroom 2
Lvl Second

14 x 11

Bathroom 1
Lvl Second

7 x 6

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

Bathroom 2
Lvl Second

Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Kristin Kelly

Listing Office: J. Barrett & Company

MLS® Number: 73584337