33 Griffin Rd Peabody — Photo 1 of 35
$749,900
Investment Analysis — 33 Griffin Rd
Peabody, MA 01960
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 2.96% cap rate and $22,176/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,920
Style
Single Family
Built
1942
New to Market! Beautifully Renovated 3 Bedroom, 2 Bath, Wonderful Home with nothing to do but Move In! First Floor features Gleaming Hardwood Floors with a Modern Open Concept Layout. Dream Kitchen with Shaker Cabinetry, Soft Close Drawers and Doors, Quartz Countertops, Stainless Steel Appliances, Gas Stove & Breakfast Bar. Conveniently Located 1st Floor Large Laundry Room with Built in Pantry Storage. Fantastic First Floor Primary Bedroom w/ Custom Built In Cabinetry and Walk in Closet. Luxurious Tiled Bath w/ Walk in Shower. Large Living Room Addition is Absolutely Perfect for Hosting...110" Power Retractable HD Projector TV, Built in Speakers, Gas Fireplace and Double Sliders. Yard feels like an Oasis with Paver Patio, Gazebo, Professionally Manicured Trees & Shrubs. Second Floor is Dormered & Features 2 Large Bedrooms w/ Hardwood Flooring under the carpets. Additional Full Bathroom w/ Clawfoot Tub. Top of the Line Bosch Heating & Cooling System and High Efficiency on Demand Gas Hot Water. Garage w/ Power, Vinyl Siding, Architectural Shingle Roof, Spray Foam Insulated Attic & Replacement Windows. Tons of Storage in the Epoxy Painted Spotless Basement. Incredible Location at the end of Griffin Road w/ access to Rail Trail, Spring Pond & MacArthur Park just Steps away! Truly a must see! Offers due Tuesday at Noon.
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 1,920 sq ft principal dwelling). Lot size: 13,011 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
Gas Water Heater • Tankless Water Heater
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Steven Belesis
Listing Office: Citylight Homes LLC
MLS® Number: 73568108