18 Princeton St Peabody — Photo 1 of 33
$949,000
Investment Analysis — 18 Princeton St
Peabody, MA 01960
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 2.50% cap rate and $23,748/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,406
Style
Single Family
Built
1962
Welcome to this beautifully maintained and spacious 4-bedroom, 2-bath home set on an almost Half-Acre, Professionally Landscaped and Private Lot. Designed for both everyday living and social gatherings, this home offers 10 rooms and multiple living spaces, creating an entertainer’s paradise with plenty of room to spread out. The large Eat-in Kitchen features Quartz Countertops and a Stunning Cathedral Ceiling that is open to one of the Living Rooms, providing a bright and inviting gathering space. Step outside onto your Updated Deck and into your own Backyard Oasis featuring a Beautiful Gunite Pool, Expansive Yard, Shed, Gazebo, Irrigation System, and exceptional privacy—perfect for summer entertaining and relaxing. An attached garage adds everyday convenience, while the first level offers excellent multi-generational or in-law potential with two separate entrances. Ideally located near the Northshore Mall, Brooksby Farm, shopping, dining, and major routes, this home offers the perfect combination of space, privacy, versatility, and convenience. Showings Begin at the first Open House on 9/12. Offers, if any, due Monday (9/14) by 7pm.
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 2,406 sq ft principal dwelling). Lot size: 19,872 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.
Open Houses
Property Details
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Walk/Jog Trails • Bike Path • Highway Access • Public School
Geography
Listing Agent: Sean Connolly
Listing Office: RE/MAX 360
MLS® Number: 73574068