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44 Paleologos St, Peabody, MA, 01960

4beds
2baths
1,582sqft
$750,000
$474price/sqft
$4,928/moest. monthly cost
$197,120/yrincome needed

About This Home

Welcome To 44 Paleologos Street! This Move-In Ready, Maintenance-Free Two-Family Home In Peabody Features 8 Rooms, 4 Bedrooms, And 2 Full Bathrooms, Offering A Great Opportunity For Both Owner-Occupants And Investors.The First-Floor Unit Features 3 Rooms, 1 Bedroom, 1 Full Bathroom, And An Eat-In Kitchen. Completely Move-In Ready, This Unit Is Perfect For Comfortable Single-Level Living Or Rental Income. The Second-Floor Unit Offers An Open-Concept Oversized Eat-In Kitchen W Brand New DW & Living Room, Along With A Full Bathroom. The Upper Level Includes 3 Bedrooms With Hardwood Floors Throughout.The Basement Features Coin-Op Laundry And Separate Utilities For Each Unit, Including Gas Heat, Separate Electric, And Separate Water Tanks. Water Tanks Were Updated In 2023 And 2024. Additional Highlights Include Tandem Off-Street Driveway Parking.Conveniently Located Close To Restaurants, Shopping, Schools, Public Transportation, And More, This Property Offers Both Comfort And Convenience!

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Microwave,Refrigerator,Range Hood,Dishwasher,Disposal

Basement

  • Has basement: Yes
  • Basement: Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Pantry,Bathroom With Tub & Shower,Open Floorplan,Internet Available - Unknown,Living Room,Kitchen
  • Window features: Skylight(s)
  • Flooring: Tile,Hardwood
  • Finished area above ground: 1,582

Heating & Cooling

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

Interior Area

  • Total structure area: 1,582
  • Total interior livable area: 1,582 sqft

Property

Details

  • Parcel number: 2104956
  • Zoning: R2

Features

  • Exterior features: Rain Gutters

Lot

  • Lot size: 0.06 sqft

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
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 $3,792$45,504
Home Insurance *$205$2,460
Property Taxes $577$6,924
Electricity $354$4,259
Total$4,928$59,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,960/yr
40% on housing$147,840/yr
45% on housing$131,413/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

$474This listing

vs Other Active Listings

Avg $/sqft

ZIP 01960$301
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
2026-08-04Price change$719,900
2026-06-19Listed for sale$750,000
2013-10-10Sold$317,000
2013-08-06Listed for sale$310,000
2008-07-28Sold$240,000
2008-05-28Listed for sale$249,900
2008-03-26Sold$250,004
2003-09-10Sold$265,000
1997-12-31Sold$124,000

For Sale by Agent

AgentColleen Toner
BrokerageToner Real Estate, LLC

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