See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

161 Newbury St #32, Peabody, MA, 01960

2beds
1baths
728sqft
$229,900
$316price/sqft
$1,774/moest. monthly cost
$70,960/yrincome needed

About This Home

Bright, sunny, and well-maintained home featuring a gourmet kitchen with stainless steel appliances and recessed lighting. Updated bathroom, central air installed, and the convenience of a washer and dryer that stay with the home. Large driveway and nice yard offer great outdoor space. Located in a cooperative park with HOA fee of $375 a month, including water, taxes, and snow removal.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Irregular

Type & Style

  • Home type: MobileManufactured
  • Property subType: Mobile Home

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 728

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 728
  • Total interior livable area: 728 sqft

Property

Details

  • Parcel number: 2100379
  • Zoning: NA

Lot

  • Features: Other

Parking

  • Total spaces: 4
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,162$13,944
Home Insurance *$63$756
Property Taxes $195$2,340
Electricity $354$4,259
Total$1,774$21,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,822/yr
40% on housing$53,220/yr
45% on housing$47,306/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$316This listing

vs Other Active Listings

Avg $/sqft

ZIP 01960$308
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01960$372
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-07Price change$240,000
2026-04-01Price change$255,000
2026-03-23Price change$260,000
2026-02-04Listed for sale$265,000
2025-01-10Sold$225,000
2024-12-30Contingent$229,900
2024-11-21Price change$229,900
2024-09-27Listed for sale$249,900

For Sale by Agent

AgentRachel Wooley
BrokerageConway - Dartmouth

Similar Homes