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32 Coolidge Ave Peabody — Photo 1 of 38

$799,900

Investment Analysis — 32 Coolidge Ave

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 2.78% cap rate and $22,199/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,530

Style

Single Family

Built

1920

SENSATIONAL,TURN-KEY RENOVATION blending modern luxury with timeless charm! This 3-bedroom, 1.5-bath home showcases exceptional craftsmanship and high-end finishes throughout. Soaring ceilings and dramatic 9-foot designer doors create an impressive sense of scale, complemented by rich white oak hardwood floors, luxury lighting and designer fixtures. The magazine-worthy kitchen features custom cabinetry, quartz countertops, waterfall island and high-end Fisher & Paykel appliances. An expanded designer powder room adds first-floor luxury, while upstairs an EXQUISITE SPA-LIKE FULL BATH showcases beautiful finishes and sophisticated design. A second-floor laundry with built-in cabinetry adds convenience. The walk-up attic has been thoughtfully PREPPED FOR FUTURE EXPANSION—ideal for a potential primary suite or studio—with HVAC installed, plumbing roughed in and electrical prepared for a dedicated 100-amp subpanel. Refreshed exterior with redesigned façade and new front steps. Major upgrades include heating/central air, water heater, 200-amp electrical, plumbing, water & sewer lines. Roof 2019.

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: 765 sq ft (the lesser of 900 sq ft or half the 1,530 sq ft principal dwelling). Lot size: 6,329 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.