1 Granite Rd Peabody — Photo 1 of 25
Recent Drop: $35,001
$549,999
Investment Analysis — 1 Granite Rd
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 3.47% cap rate and $19,106/yr in estimated NOI at the $549,999 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,144
Style
Single Family
Built
1925
Charming gem nestled in the sought-after Brown's Pond neighborhood of Peabody! Whether you're buying your first home or looking for the perfect downsize, this property delivers. Great condo alternative without the HOA fees! The low-maintenance backyard space features lovely professional landscaping, while the comfortable open floor plan on the main level offers true one-floor living potential. The beautiful kitchen boasts plentiful cabinetry, gorgeous butcher block counters, a cozy breakfast nook, and a sun-filled dining room. The spacious living room opens to the back patio, ideal for quiet morning coffee or summer BBQs. A fully updated bath and generous bedroom complete this smart main-level layout. Upstairs, you'll find another large bedroom, offering flexibility for first- or second-floor living. An additional built-in exterior shed offers even more storage. Enjoy neighborhood walks, fishing in Brown's Pond, and so much more!
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: 572 sq ft (the lesser of 900 sq ft or half the 1,144 sq ft principal dwelling). Lot size: 1,751 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Highway Access • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.833333333 x 11.5
Ceiling Fan(s), Flooring - Wood, Exterior Access, Open Floorplan
Dining Room
Lvl First8.166666666 x 9.25
Ceiling Fan(s), Flooring - Wood, Open Floorplan
Kitchen
Lvl First13.916666666 x 11.75
Ceiling Fan(s), Flooring - Wood, Exterior Access, Open Floorplan, Recessed Lighting, Peninsula, Lighting - Pendant
Primary Bedroom
Lvl Second9.75 x 17.833333333
Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Bedroom 2
Lvl First9.75 x 16.416666666
Bathroom 1
Lvl First7 x 6.333333333
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink
Property History
$549,999
Was $570,000
Aug 14, 2026
MLS® 73552764
$570,000
Was $585,000
Aug 5, 2026
MLS® 73552764
$585,000
Jul 21, 2026
MLS® 73552764
Listing Agent: The Sarkis Team
Listing Office: Douglas Elliman Real Estate - The Sarkis Team
MLS® Number: 73552764