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7 Lisa Road Peabody — Photo 1 of 23

7 Lisa Road Peabody — Photo 1 of 23

$779,000

Investment Analysis — 7 Lisa Road

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 2.63% cap rate and $20,454/yr in estimated NOI at the $779,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,155

Style

Single Family

Built

1957

Desirable West Peabody location—convenient for commuters and situated on a lovely dead-end street! This spacious 3-bedroom, 2.5-bath ranch offers a flexible floor plan and exceptional bonus space. The main level features a granite-topped kitchen with custom built-in granite desk- open dining area. Living room with pellet stove hookup opens to a private backyard and expansive deck—perfect for relaxing and entertaining. The primary bedroom includes a private half bath, while two additional bedrooms and a full bath complete the main home. An attached one-car garage provides added convenience and storage. Contractors, car enthusiasts and hobbyists will appreciate the oversized heated garage with abundant workspace- Tesla elec car charger. Above the garage, additional finished and heated space with a ¾ bath and laundry hookups offers endless possibilities for a home office, studio or potential in-law/ADU use. Bring your ideas and make this unique property your own! AI -removed all items out of bonus room, garage and living Open House canceled due to upcoming storm

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 2,155 sq ft principal dwelling). Lot size: 22,215 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.

Open Houses

Property Details

Financials

Original Price$779,000
Annual Taxes$7,636

Parking

Garage4
Off-Street8

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Vinyl, Laminate, Flooring - Hardwood
BasementNone

Climate & Utilities

HeatingElectric, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationSlab
ZoningR1

Property & Lot

Acres0.51
SqFt Lot22,215
Lot Features--

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

20 x 10

Ceiling Fan(s), Flooring - Laminate

Kitchen
Lvl First

Ceiling Fan(s), Dining Area, Countertops - Stone/Granite/Solid

Primary Bedroom
Lvl First

11 x 13

Bathroom - Half, Flooring - Laminate

Bedroom 2
Lvl First

12 x 10

Bedroom 3
Lvl First

13 x 10

Flooring - Laminate

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl First

Bathroom - Half

Listing Provided By

Listing Agent: Heather Machiagore

Listing Office: KSRJ - Signature Realty Group

MLS® Number: 73579687