2 Yale St Peabody — Photo 1 of 34
$899,900
Investment Analysis — 2 Yale St
Peabody, MA 01960
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 01960 carries an estimated $3,390/mo in gross rent — about a 2.72% cap rate and $24,489/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3.5
SqFt
2,380
Style
Single Family
Built
1965
Beautiful and spacious 12-room home featuring 4 bedrooms and 2 full bathrooms on the main level. The primary bedroom offers a private full bathroom and a walk-in closet. The living room features cathedral ceilings and flows seamlessly into an open-concept dining area and kitchen with modern white appliances. The finished walk-out basement includes 2 additional bedrooms and 1.5 bathrooms. All main-level appliances, including the washer and dryer, will remain. The large driveway accommodates 5 or more vehicles. Conveniently located near Northshore Mall, Brooksby Farm, shopping, dining, and major routes.
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 2,380 sq ft principal dwelling). Lot size: 22,455 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access • Private School • Public School
Geography
Listing Agent: Patricia Almeida Vega
Listing Office: Vega Realty, LLC
MLS® Number: 73552717