Investment Analysis — 101 Bartholomew St

Peabody, MA 01960 — South Peabody

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 3.14% cap rate and $22,242/yr in estimated NOI at the $709,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,485

Style

Single Family

Built

1910

Roomy, sunny, and bright best describes this move-in ready 3-bedroom, 1-bath Colonial on a ½+ acre lot with a 2-car garage and oversized paved driveway for up to 6 cars. Recent updates include a new front roof, new front porch, two new garage doors, refinished original pine floors, new hardwood flooring, updated electrical panel, freshly painted interior, and maintenance-free vinyl siding. Deleading certificate in hand offers added value and peace of mind. The flexible floor plan features a first-floor laundry/mudroom and a versatile third bedroom ideal as a home office, nursery, den, art studio, media room, or walk-in closet. The basement provides excellent storage. Conveniently located within close proximity to Brown School and MacArthur Park. Enjoy the benefits of Peabody's municipal electric, low tax rate, and a vibrant downtown with shopping, dining, and entertainment. A commuter's dream with quick access to Routes 1, 95, and 128, plus Northshore Mall, Centennial Park, restaurants, grocery stores, gyms, the YMCA, movie theater, and Logan Express to Boston Logan Airport just minutes away. Close to Boston and historic Salem, this beautifully updated home offers the perfect blend of comfort, convenience, and value.

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: 743 sq ft (the lesser of 900 sq ft or half the 1,485 sq ft principal dwelling). Lot size: 23,409 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.