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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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4 Pinewood Rd , Peabody, MA 01960
$500,000
Est. Payment: $1,111.11/mo
4 Bed
3 Bath
1822 Sqft
Status: Under Agreement | Days on site: 1
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AN7396 - CN233332
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House Description

**ATTENTION BUILDERS, DEVELOPERS & REAL ESTATE INVESTORS!** Rare redevelopment opportunity in desirable **West Peabody**. Located at **4 Pinewood Road, Peabody, MA**, this property is likely a **tear-down** and offers an exciting opportunity for a builder, developer, or investor looking to unlock the potential of a **level lot in an established residential neighborhood**.Potential redevelopment possibilities may include construction of a **new single-family home or possible two-unit/condex-style project**, subject to zoning, permitting, municipal approvals, and buyer due diligence.Conveniently located near major highways, shopping, schools, and area amenities, this property offers an attractive location for new construction.**Property is being marketed primarily for its redevelopment potential and is being sold as-is.** Buyers and buyers' agents are responsible for independently verifying all information, including lot dimensions, zoning, allowable use, utilities, permitting requirements, and development potential with the City of Peabody. Seller and listing agent make no representations or warranties regarding the property's suitability for any particular use or development.**Bring your plans, your builder, and your vision—opportunities like this in West Peabody are hard to find.**

Highlights

Listed by Michael Behan , 603-235-8600 Chinatti Realty Group, Inc. , 978-320-3377.

Property Type

Multi-Family

Lot/Acreage
0.36

Year Built

1963

County

Essex

Area

West Peabody

Listing ID

73569725

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Water:Public

Exterior Features

Lot:Fill Needed,Level
Garage Capacity:5
Zoning:R1
Sewer:Public Sewer
Parking Features:Paved Drive,Parking Spaces: 5
Principal Interest
$1,111
Taxes
$482

Home Price

$500,000

Loan Details

30 yrs
%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,111.11 $482.25 $0.00 $1,593.36
Yearly $13,333.33 $5,787.00 $0.00 $19,120.33
Total $400,000.00 $173,610.00 $0.00 $573,610.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Peabody, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.