Active

150 Days on market

3 Southwick Rd Peabody — Photo 1 of 42

Recent Drop: $5,000

$634,900

$629,900

Investment Analysis — 3 Southwick Rd

Peabody, MA 01960

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01960 carries an estimated $3,390/mo in gross rent — about a 3.98% cap rate and $25,050/yr in estimated NOI at the $629,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,104

Style

Single Family

Built

1800

This is not a drive by. Beautiful family home offering far more space than it appears from the outside! The spacious and open first floor features high ceilings, a large modern eat-in kitchen with granite countertops, oversized family room with fireplace and pellet stove, sliders leading to a 3-season sunroom, living room, and half bath. The second level offers 3 generously sized bedrooms, updated full bath with laundry hookup, and an open foyer ideal for a home office or study area. The third floor, currently unheated, includes 2 additional bedrooms and a second full bath, offering great expansion potential. Enjoy summer entertaining with the in-ground pool, patio area, semi-private yard, and charming farmer’s porch. Large 2-car garage completes this exceptional property.

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 2,104 sq ft principal dwelling). Lot size: 7,375 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.

Financials

Original Price$699,900

Annual Taxes$5,867

Parking

Garage2

Off-Street2

Interior Specifications

Total Rooms8

Fireplaces1

FlooringWood, Hardwood

BasementFull

Climate & Utilities

HeatingForced Air, Oil, Pellet Stove

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofSlate

FoundationStone

ZoningR1A

Property & Lot

Acres0.17

SqFt Lot7,375

Lot FeaturesEasements, Level

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Third

Bedroom 4Bedroom 5Bathroom 3

Second

OfficePrimary BedroomBedroom 2Bedroom 3Bathroom 2

First

Family RoomBathroom 1

Main,First

Living RoomKitchen

Living Room

Lvl Main,First

Flooring - Hardwood, Cable Hookup, Open Floorplan, Remodeled

Kitchen

Lvl Main,First

Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting