$6,708

closing credit¹

1 Drake Way Unit 16 Peabody, MA 01960

$564,900
3 beds
2 full, 1 partial
1,620 sqft
$349 / sqft
Condo

Property details

About 1 Drake Way Unit 16

Move-in Ready. Fantastic well-maintained 3 Bedroom multi-level townhouse with spectacular water views! The first level has attached 1-car garage and basement storage/utilities space plus a Foyer/Mudroom. On the 2nd level, you will find a spacious open-concept floor plan that seamlessly connects the modern kitchen with center island to dining space and a sun-drenched living room. Gleaming hardwood floors throughout this level. Layout is perfect for entertaining or relaxing with family. A private balcony off the living room allows you to gaze upon the beautiful outdoor space. You can relax and watch the ducks on nearby Crowninshield Pond! A half bath completes this floor. The 3rd level boasts 2 large bedrooms, laundry, and a Full Bath. When you go up to the top 4th level, be prepared for a huge front to back primary suite with a full bath and a walk-in closet. Built in 2006, Drake Crossing is a pet-friendly complex & homeowners rarely move out, so act quickly to grab this rare find.

Highlights

Home typeCondominium
HeatingForced Air
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size1,620 sqft
Year built2006
ParkingUnder, Garage Door Opener, Storage, Garage Faces Side, Off Street, Tandem, Assigned, Deeded, Guest, Paved
MLS #73328615
Attached garage1 space
WaterfrontWaterfront, Pond

Summary

  • MLS Number: 73328615
  • MLS Name: MLS Property Information Network
  • Office Name: StartPoint Realty
  • Office Phone: (978) 422-3999
  • Listing Agent: Steven Mango

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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townhome / multi-family property with a garage

$564,900

1 Drake Way Unit 16

$6,708

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 26, 2022
Home Sold
$474,000
Oct 05, 2017
Home Sold
$347,700
Dec 17, 2009
Home Sold
$262,000

Tax history

YearAssessmentProperty Tax
2024$462,500$4,218
2023$417,800$3,977
2022$371,400$3,751
2021$348,200$3,653
2020$334,200$3,589
2019$313,400$3,451

History based on county public records data.

Nearby schools

3

Center Elementary School

Public District KG-5

0.6 mi

18 Irving St

4

Thomas Carroll Elementary School

Public District KG-5

0.8 mi

60 Northend St

2

William A. Welch Elementary School

Public District PK-5

0.9 mi

50 Swampscott Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,372. The most common annual income of people living in Peabody, MA is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

50%
<35k
45%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

68%
Single, No Kids
10%
Single, with Kids
15%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • DodgeDodge
  • CadillacCadillac
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1 Drake Way Unit 16

This home is located at 1 Drake Way Unit 16 in Peabody, MA and zip code 01960. This 1,620 square foot home was built in 2006. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $564,900.

While more than 20 listings in Peabody, MA in December 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. In December 2024 in Peabody, MA there were 27.6% less homes for sale than in November. Listings spent 31 days on the market in December 2024, and had a median list price of $650,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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