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261 Newbury St Lot 1A, Peabody, MA, 01960

2beds
1baths
700sqft
$129,900
$186price/sqft
$1,155/moest. monthly cost
$46,200/yrincome needed

About This Home

NICELY UPDATED UNIT ON LAGE DOUBLE LOT.. UPDATED INCLUDE ROOF, FURNACE FLOORING AND MUCH MORE.....LARGE PATIO, SECURITY SYSTEM WITH CAMERAS LOCATED IN DESIRABLE PINE GROVE MOBILE PARK.. PARK RENT ONLY 300 A MONTH INCLUDES RE TAXES , WATER, AND SEWER, RUBBISH, REMOVAL AND COMMON AREA MAITNENACE....DISCUSSION HAVE BEGUN TO MAKE THIS A COOPERATIVE PARK. AN OPPORTUNITY TO POSSIBLY GET ON THE GROUND FLOOR. 1974 DETROIITER SERIAL NUMBER DP7788

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Irregular

Type & Style

  • Home type: MobileManufactured
  • Property subType: Mobile Home

Interior

Appliances

  • Appliances included: Range,Refrigerator,Washer,Dryer

Bathroom1

  • Level: First

Bedroom2

  • Level: First
  • Area: 90

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 700

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 700
  • Total interior livable area: 700 sqft

Kitchen

  • Level: First
  • Area: 90

Living Room

  • Level: First
  • Area: 132

Master Bedroom

  • Level: First
  • Area: 132

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: 2097814
  • Zoning: RES

Features

  • Patio & porch: Patio - Enclosed
  • Exterior features: Patio - Enclosed

Lot

  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • 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
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Ice Storm
Lightning
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 $656$7,872
Home Insurance *$35$420
Property Taxes $110$1,320
Electricity $354$4,259
Total$1,155$13,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,600/yr
40% on housing$34,650/yr
45% on housing$30,800/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

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 01960$310
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
2026-08-05Contingent$129,900
2026-07-23Price change$129,900
2026-06-25Listed for sale$149,900

For Sale by Agent

AgentEric Rosen
BrokerageLittlefield Real Estate

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