5 Fairview Rd Peabody — Photo 1 of 41
$819,900
Investment Analysis — 5 Fairview 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 2.64% cap rate and $21,631/yr in estimated NOI at the $819,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,832
Style
Single Family
Built
2016
Built in 2016 and meticulously maintained, this stunning Peabody home combines modern comfort with everyday convenience in one of the country’s hottest ZIP codes, while enjoying some of the area’s most favorable tax rates and easy access to Boston. Sunlit and move-in ready, the main level showcases rich hardwood floors, a stylish half bath, and a chef-friendly kitchen with granite countertops, black stainless steel appliances, and a dining area that opens via slider to a gazebo-covered deck ideal for entertaining or unwinding. Upstairs, three bedrooms include a serene primary suite with a private full bath, plus an additional full bath for guests. The fully finished basement offers flexible living space, with a family room, home office, and additional bedroom. Outside, enjoy a fully fenced backyard with a storage shed, playset, and charming greenhouse. Perfectly positioned near top shopping, dining, and major routes, yet nestled on a quiet dead-end and welcoming street, this home truly has it all.
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 1,832 sq ft principal dwelling). Lot size: 4,134 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.
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Interior Specifications
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Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Other
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11.083333333 x 23
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Exterior Access, Recessed Lighting, Slider
Dining Room
Lvl First9.666666666 x 15.916666666
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Kitchen
Lvl Main,First14.333333333 x 11.333333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Crown Molding
Office
Lvl Basement15.166666666 x 11.5
Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, French Doors, Handicap Accessible, Dryer Hookup - Electric, Remodeled, Washer Hookup
Family Room
Lvl Basement11.833333333 x 14.75
Flooring - Wall to Wall Carpet, Cable Hookup, Remodeled
Primary Bedroom
Lvl Second11.416666666 x 16.583333333
Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 2
Lvl Second20.083333333 x 11.833333333
Bedroom 3
Lvl Second10.25 x 11.083333333
Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bathroom 1
Lvl First5.5 x 6.666666666
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second9.083333333 x 6.333333333
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second7.916666666 x 6.333333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Upgraded
Listing Agent: Noelle Degregorio
Listing Office: Reference Real Estate
MLS® Number: 73578913
