Investment Analysis — 11 Price Rd

Peabody, MA 01960 — West 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 2.96% cap rate and $22,186/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,712

Style

Single Family

Built

1959

Welcome to 11 Price Road! Set in the quiet Centerfield neighborhood of West Peabody near Salem Country Club, this well-maintained home offers 1,712 square feet of living space, three bedrooms and three full bathrooms. The distinctive primary suite features a first-floor bathroom and large closet, with a dedicated staircase leading to the upper-level primary bedroom. A deck off the bedroom overlooks the beautiful backyard—a relaxing spot for morning coffee or unwinding at the end of the day. Enjoy summer entertaining around the inviting inground pool and outdoor bar area. Less than 2 miles from the North Shore Mall, Lahey Medical Center, and Brooksby Farm. Perfect location for any commute with easy access to Rte. 1 and Rte 128. Showings begin at this weekend’s open houses!

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: 856 sq ft (the lesser of 900 sq ft or half the 1,712 sq ft principal dwelling). Lot size: 10,001 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 MLS and other third-party data may be inaccurate or out of date.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.