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124 Days on market

81 Goodale Street Peabody — Photo 1 of 40

$1,099,999

Investment Analysis — 81 Goodale Street

Peabody, MA 01960 — West Peabody

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01960 carries an estimated $3,390/mo in gross rent — about a 1.95% cap rate and $21,445/yr in estimated NOI at the $1,099,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,696

Style

Single Family

Built

1974

01960 THE #1 HOTTEST ZIP CODE IN THE USA! LOCATED IN DESIRABLE WEST PEABODY YOU WILL FIND THIS AMAZING RAISED RANCH THAT OFFERS BOTH A CONTEMPORAY AND EUROPEAN FLAIR! This rare find stands out on a unique private setting with lush mature landscaping. Enter the two story foyer that leads you to a family room w/a fireplace for everyday relaxing, office or 4th bedroom, bath & laundry room where you can unwind in your very own sauna. The staircase brings you to the airy open floor plan w/walls of windows offering views of the yard. Living room w/HW floors flows into the sparkling white kitchen w/peninsula & dining area. The French Doors will lead you to the formal dining room w/cathedral ceilings, recessed lighting & atrium doors to the backyard. This room could be an optional first floor family room. Three spacious bedrooms all w/HW floors & the primary bedroom has direct access to the Jacuzzi main bath. Private backyard with patio & above ground pool. Updated Buderus heating system, CA, oversized garage & detached garage.

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 2,696 sq ft principal dwelling). Lot size: 20,800 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.