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29 Newcastle Rd, Peabody, MA, 01960

2beds
1baths
1,092sqft
$539,900
$494price/sqft
$3,647/moest. monthly cost
$145,880/yrincome needed

About This Home

Welcome home to 29 Newcastle Road, a charming two-bedroom, one-bath home that offers the perfect condo alternative with the privacy and comfort of single-family living. Tucked away on a quiet side street, this inviting home welcomes you with a lovely front porch—the perfect spot to enjoy your morning coffee or relax on warm summer evenings.Inside, you'll find beautiful hardwood floors throughout, a warm and welcoming living room, and a lovely dining room with direct access to the back deck. Upstairs features two comfortable bedrooms and a full bath, offering a cozy and functional layout. Outside, enjoy a sweet backyard that's ideal for gardening, gatherings, or simply relaxing. A detached garage and a private driveway with parking for up to three cars provide added convenience. Whether you're a first-time buyer, downsizing, or simply looking for a home full of charm and character, this delightful property is one you won't want to miss.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Oven,Refrigerator,Washer,Dryer
  • Laundry features: In Basement,Gas Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Features: Flooring - Hardwood
  • Level: Second

Bedrooms & Bathrooms

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

Dining Room

  • Features: Flooring - Hardwood, Balcony / Deck, Exterior Access
  • Level: First

Features

  • Flooring: Wood,Tile
  • Finished area above ground: 1,092

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,092
  • Total interior livable area: 1,092 sqft

Kitchen

  • Features: Flooring - Stone/Ceramic Tile
  • Level: First

Living Room

  • Features: Flooring - Hardwood
  • Level: First

Master Bedroom

  • Features: Flooring - Hardwood
  • Level: Second

Property

Details

  • Parcel number: 2102941
  • Zoning: R1A

Features

  • Patio & porch: Porch,Deck - Wood
  • Exterior features: Porch,Deck - Wood
  • Waterfront features: Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 5,001 sqft
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Detached,Paved Drive,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $2,730$32,760
Home Insurance *$148$1,776
Property Taxes $415$4,980
Electricity $354$4,259
Total$3,647$43,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,040/yr
40% on housing$109,410/yr
45% on housing$97,253/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

$494This listing

vs Other Active Listings

Avg $/sqft

ZIP 01960$304
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)

Price History

DateEventPrice
2026-08-05Contingent$539,900
2026-07-29Listed for sale$539,900
1994-01-31Sold$120,000

For Sale by Agent

AgentMerry Fox Team
BrokerageMerryFox Realty

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