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25 Swampscott Ave, Peabody MA 01960

$950,000

Estimated $2,117.75/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $475,000

Total Rent: 59400/year

Estimated CAP Rate: 5.52%

5 Bedrooms

2 Full Baths

2,404 SqFt

Total Parking: 8 (2 Garage)

5,998 SqFt

Fantastic opportunity! This spacious 2-family home features a large owner's unit and has been updated with modern amenities throughout. Enjoy the convenience of all separate utilities, w/ New heating systems, water heaters and roof installed in 2018, along with updated electrical. The owners unit boasts 3+ bdrms, including home office currently used as a 4th. Bright, open kitchen/dining area w/ large island, SS appliances, granite countertops, wine fridge. The expansive living/family room is perfect for gatherings. Additional features include a 2-car garage w/ new doors (2022), driveway parking for six, and a beautiful fence yard with a shed and a deck for outdoor entertaining. Nestled in a quiet, single-family neighborhood, this home is conveniently located near school, public transportation and within walking distance to downtown. The first floor unit offers 2 bedrooms, living room, kitchen.

This home has been viewed 70 times

Last Checked: November 30th, 2024 at 5:19am (Source: MLS PIN #73300655)

Gross Income: $59,400

Gross Expenses: $6,928

Net Income Calc: $52,472

CAP Rate: 5.52%

Annual Expenses for 25 Swampscott Ave, Peabody MA 01960

Total Gross Expenses (Calculated)$6,928/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,928

Annual Income & Unit Breakdown for 25 Swampscott Ave, Peabody MA 01960

Total Gross Income (Calculated)$59,400

Unit 1

Rental Income$1,950

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none)

Unit 2

Rental Income$3,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none)

General Information for 25 Swampscott Ave, Peabody MA 01960

Listing ID73300655

Property TypeMulti Family / 2 Family

Price$950,000 ($395.17/SqFt)

Style2 Family - 2 Units Up/down

CityPeabody

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,404 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1916

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 25 Swampscott Ave, Peabody MA 01960

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureOffice room currently used as a 4th bedroom in uni

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$59,400

Total Net Income By Broker$59,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 25 Swampscott Ave, Peabody MA 01960

Real Estate Taxes$6,928

Tax Year2024

Assessed Value$759,799

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$59,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$59,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.52%

Location Information for 25 Swampscott Ave, Peabody MA 01960

Elementary SchoolWelch

Middle SchoolHiggins

High SchoolPvmhs

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, Private School, Sidewalks

Contact Information for 25 Swampscott Ave, Peabody MA 01960

Agent

Name: Angie's Home Team

Office

Name: North Star RE Agents, LLC

Phone: 781-587-2942

Team Members

Name: Nicole Doucette

Phone: 781-389-2168

Payment Calculator

, Interest

Property Taxes 577.33

Principal & Interest 5853.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

North Star RE Agents, LLC

Angie's Home Team

Agent Phone

Office Phone

(781) 587-2942

Text Agent Call Agent Call Office

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EXIT