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12 Ledgewood Way #21 Peabody — Photo 1 of 41

12 Ledgewood Way #21 Peabody — Photo 1 of 41

$499,999

Investment Analysis — 12 Ledgewood Way #21

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 2.37% cap rate and $11,840/yr in estimated NOI at the $499,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,535

Style

Condominium

Built

1987

Welcome to desirable Building 12 at Ledgewood! Step into the welcoming foyer with a convenient coat closet and an impressive 1,535 sq. ft. of one-level living. The oversized, front-to-back living and dining room features a large picture window and flexible open layout. Wood laminate flooring extends throughout the living room, dining room, hallway, and both bedrooms, creating a cohesive flow. A private balcony overlooking beautiful greenery can be accessed from the living room, hallway, and bedrooms. The spacious galley-style kitchen offers granite counters and plenty of room to enjoy meals at your table in the sun-filled eat-in area, where a large window brings in an abundance of natural light. At the opposite end, the in-unit washer and dryer add everyday convenience. The generously sized primary bedroom features a walk-in closet and oversized private bath, while a second bedroom and full bath complete the space. Minor cosmetic updates offer the next owner an opportunity to make it their own while creating instant equity. Elevator access leads to the highly desirable one-car garage parking space and private storage closet. Ledgewood residents enjoy an in-ground pool, renovated clubroom, abundant guest parking, professional management, high owner occupancy, beautifully landscaped grounds that bloom throughout the seasons, and the convenience of incoming and outgoing mail right in the building. Enjoy everything Peabody and the Ledgewood community have to offer, with easy access to major highways, shopping, restaurants, and more!This is a non smoking complex. Pets need prior approval from association

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

Original Price$499,999
Annual Taxes$4,427.23
HOA Fee$590

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Laminate, Wood Laminate
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofRubber
Foundation--
ZoningBR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Third

Flooring - Vinyl

Dining Room
Lvl Third

Flooring - Laminate, Lighting - Pendant

Kitchen
Lvl Third
Primary Bedroom
Lvl Third

Walk-In Closet(s), Flooring - Stone/Ceramic Tile

Bedroom 2
Lvl Third
Bathroom 1
Lvl Third

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Third

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Joyce Sullivan

Listing Office: Serhant

MLS® Number: 73577457