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13 Lynnfield Street Peabody — Photo 1 of 38

13 Lynnfield Street Peabody — Photo 1 of 38

$594,599

Investment Analysis — 13 Lynnfield 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 3.82% cap rate and $22,735/yr in estimated NOI at the $594,599 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,526

Style

Single Family

Built

1929

Welcome to this classic Colonial in desirable South Peabody, a 3-bedroom, 1-bath home that’s turnkey and move-in ready. The home has a warm, cozy cottage feel, highlighted by a brick fireplace with a wood-burning stove insert that adds plenty of character and Charm. Move right in and enjoy it as- The open concept kitchen flows out into a formal dining area and 2 living room/ family areas on the first floor. .The property also features a garage, plenty of off-street parking, and a large private backyard that backs up to beautiful conservation land with extensive walking paths. , creating a peaceful natural backdrop with plenty of room to relax, entertain, or enjoy the outdoors. Conveniently located near major routes, shopping, dining, schools, and everyday amenities, this South Peabody home offers a great combination of character, privacy, convenience, and potential.

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: 763 sq ft (the lesser of 900 sq ft or half the 1,526 sq ft principal dwelling). Lot size: 8,864 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

Original Price$594,599
Annual Taxes$5,355

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile
BasementWalk-Out Access, Concrete

Climate & Utilities

HeatingOil
CoolingWindow Unit(s), Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
Zoningr1a

Property & Lot

Acres0.2
SqFt Lot8,864
Lot FeaturesWooded, Cleared, Level

Amenities & Appliances

Water Heater

Geography

Listing Provided By

Listing Agent: Stephen Dixon

Listing Office: Compass

MLS® Number: 73584343