
68 Prospect St #1 Peabody — Photo 1 of 29
$820,000
Investment Analysis — 68 Prospect St #1
Peabody, MA 01960
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01960 carries an estimated $2,560/mo in gross rent — about a 1.50% cap rate and $12,290/yr in estimated NOI at the $820,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,440
Style
Condominium
Built
2022
Welcome to 68 Prospect Street, Unit 1, Peabody, MA—a beautifully appointed 2-3 bedroom, 2½-bath corner-unit townhouse located in Ashley Court offering approximately 2,400 sq. ft. of living space across four levels, a one-car garage, private patio; perfect for morning coffee or outdoor entertaining, and exceptional upgrades. Built in 2022 for the builder’s daughter, this distinctive home offers the benefits of new construction with thoughtfully selected finishes. The open-concept main level is ideal for everyday living and entertaining, with hardwood floors, recessed lighting, abundant natural light, and a gas fireplace; creating a warm and inviting focal point in the living room. The kitchen features a farmhouse sink, additional lighting, quartz counters, tile back splash, island, and custom Café line appliances, all included. The spacious layout provides seamless flow between the kitchen, dining, and living areas. A half bath with pedestal sink adds convenience for guests. The second-floor features two bedrooms, a primary suite with hardwood floors, walk in closet, ensuite bath with a tiled shower, recessed lighting, and double vanity with quartz counter. Laundry conveniently located on the second floor. The finished lower level provides additional flexible living space with laminate flooring and electric heat—perfect for a family room, home office, gym, media room, or guest area. The upper level currently set as a potential bedroom offers even more versatile space for today’s lifestyle. Enjoy the privacy and natural light of a desirable corner unit, along with a private patio for outdoor relaxation or entertaining. The one-car garage offers convenient parking and additional storage. Gas forced-air heating provides efficient year-round comfort. Ideally located near North Shore Mall and Liberty Tree Mall, with easy access to shopping, restaurants, medical facilities, major highways, and public transportation. Nearby trails, YMCA swimming and recreation, and local golf courses provide plenty of options for an active lifestyle. A rare opportunity to own a nearly new, upgraded Peabody townhouse with four levels of living, garage parking, outdoor space, modern finishes, and a convenient North Shore location.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20.5 x 25.5
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
Dining Room
Lvl Main,First9.583333333 x 12.583333333
Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First10.916666666 x 12.583333333
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Sconce, Lighting - Pendant, Crown Molding
Family Room
Lvl Basement15.583333333 x 15.75
Flooring - Laminate, Recessed Lighting
Master Bedroom
Lvl Second12.583333333 x 14.916666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second12.666666666 x 15.416666666
Bathroom 1
Lvl Main,First5.25 x 5.25
Bathroom - Half, Flooring - Hardwood, Lighting - Overhead, Pedestal Sink
Bathroom 2
Lvl Second5.25 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second7.083333333 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Listing Agent: Cathy Lomasney
Listing Office: ERA Key Realty Services
MLS® Number: 73573001