Active
5 Days on market
8 Walnut St #418 Peabody — Photo 1 of 37

8 Walnut St #418 Peabody — Photo 1 of 37

$365,000

Investment Analysis — 8 Walnut St #418

Peabody, MA 01960

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01960 carries an estimated $2,160/mo in gross rent — about a 3.44% cap rate and $12,573/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

888

Style

Condominium

Built

2005

Discover effortless, low-maintenance living in this beautifully updated 1-bedroom, 1-bath condominium in the heart of Peabody. Refreshed throughout, this home features an updated kitchen with granite countertops, hardwood floors throughout, an updated bathroom, and professional paint from top to bottom. The bright, open layout is complemented by in-unit laundry, elevator access, and a private balcony, perfect for morning coffee or winding down after a long day. With shopping, dining, medical facilities, and major highways just minutes away, this location is a commuter's dream, offering access to Boston and the North Shore. Whether you're a first time buyer, downsizing, or simply looking for easy, convenient living, this condo offers a fantastic opportunity in a truly unbeatable 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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$365,000
Annual Taxes$3,237
HOA Fee$324.08

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms3
FireplacesNone
FlooringHardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningBC

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Unknown
Primary Bedroom
Primary Bedroom
Lvl null

Walk-In Closet(s), Flooring - Hardwood

Listing Provided By

Listing Agent: Cameron Vose

Listing Office: RE/MAX Bentley's

MLS® Number: 73577131