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12 Lake St

Peabody, MA 01960

4 beds
2 baths
2,176 sqft
~1 acre lot
$367 per sqft
1958 build
– on site

The single-family property offers 4 bedrooms, 2 baths, Main bathroom just renovated, a spacious kitchen and sun filled family room overlooking a 4-car driveway and large deck. Overall, this investment opportunity, combined with the adjacent property #4 Lake Street, presents a combination of stable income, potential for future growth, and the convenience of managing both properties as a single portfolio. It may appeal to investors seeking a diversified real estate investment with the potential for long-term wealth preservation.

Listing courtesy of MLSPIN / Frank Pasciuto / Pasciuto and Associates

Last checked: Checking… • Last updated Mar 28, 2024 •

MLS# 73214637 —

The Building

Year Built:

1958
Year Built Details:

Actual
Year Built Source:

Public Records
Architectural Style:

Colonial
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Concrete Perimeter
Exterior Features:

Porch
Patio And Porch Features:

Porch
Building Area Total:

2176
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

8
Flooring:

Hardwood
Fireplace:

true
Fireplaces Total:

1
Laundry Features:

Washer Hookup

Room Dimensions

Living Area:

2176

Location

Directions:

Lowell Street to Lake
Latitude:

42.548401
Longitude:

-71.006464

The Property

Parcel Number:

M:0024 B:0085,2098248
Property Type:

Residential
Property Sub Type:

Single Family Residence
Property Attached:

false
Lot Size Units:

Acres
Lot Size Area:

1.11
Lot Size SqFt:

48308
Lot Size Acres:

1.11
Zoning:

BN
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

37981
Tax Annual Amount:

5615
Tax Assessed Value:

615700

Beds

Bedrooms Total:

4

Baths

Total Baths:

1.5
Total Baths:

2
Full Baths:

1
Half Baths:

1

The Listing

Home Warranty:

false
Buyer's Brokerage Compensation:

1
Compensation Based on:

Net Sale Price
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

Other
Cooling:

true

Utilities

Utilities:

for Gas Range
Electric:

220 Volts
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Water Heater

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false
Association:

false

Parking

Garage:

false
Parking Total:

4
Parking Features:

Paved Drive
Open Parking:

true

Monthly cost estimate

Asking price

$799,900

Expense	Monthly cost
Mortgage	$4,283
Taxes	$467
Insurance	$219
Utilities	$463 See report
Total	$5,432/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/20/24 Mar 20, 2024	Listed / Active	MLSPIN	$799,900

52% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $45k above asking price on average, but some went as high as $110k over asking price.

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This house located in West Peabody, Peabody, MA 01960 is currently for sale for $799,900. 12 Lake St is a 2,176 square foot house with 4 beds and 2 baths that has been on Estately for 42 days. 12 Lake St is in the West Peabody neighborhood of Peabody and has a WalkScore® of 55, making it somewhat walkable. This house is in the attendance area of Peabody Veterans Memorial High School.

Listing Courtesy of: MLSPIN and Pasciuto and Associates.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.