New
$628,500
3 bd · 1.5 ba · 1,296 sqft · 6,203 sqft lot
11 Rainbow Cir, Peabody, MA 01960
Single family · Built 1952 · $485/sqft ·
$3,630/mo est. payment
- Garage
- 1 car
Flood factor 1/10
About this home
Welcome to 11 Rainbow Circle, ideally situated on a desirable corner lot in an established Peabody neighborhood. This property offers a fantastic opportunity for buyers looking to bring their vision to life, add value, and create a home that's truly their own. Located in Peabody, recognized as America's #1 Hottest ZIP Code for 2026, you'll enjoy a sought-after North Shore location with convenient access to shopping, dining, Brooksby Farm and major highways. This Cape offers 3 bedrooms, 1.5 baths and 1,296 square feet of living space. The kitchen is ready for your updates, and the full bath features classic black-and-white tile. The open floor plan provides potential for single-floor living with the classic full bath conveniently located on the first floor and a half bath plus 2 additional bedrooms on the upper level. A detached 1-car garage adds storage and convenience, and the beautifully manicured landscaping gives the property great curb appeal from the moment you pull up. Steps from the library, easy access to neighborhood strolls, and a bus stop right on the corner make this location as practical as it is charming. Whether you're a first-time buyer, investor, or someone ready to create their dream home and build equity, this is an opportunity you won't want to miss. Schedule your showing today and discover the possibilities!
Facts and features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 1
- Primary Bedroom Dimensions: 14.333333333' x 11.416666666'
- Bedroom 2 Dimensions: 14' x 12.25'
- Bedroom 3 Dimensions: 11.166666666' x 9.333333333'
- Primary Bedroom Sqft: 164
- Bedroom 2 Sqft: 172
- Bedroom 3 Sqft: 104
Other Rooms
- Total Rooms: 6
- Basement Features: Partially Finished
- Living Room Dimensions: 17.166666666' x 11.333333333'
- Living Room Sqft: 195
- Living Room Level: Main,First
- Living Room Features: Flooring - Hardwood, Window(s) - Picture
Bathrooms
- Total Bathrooms: 1.5
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Dimensions: 6.5' x 6.416666666'
- Bathroom 2 Dimensions: 5.333333333' x 4.166666666'
- Bathroom 1 Sqft: 42
- Bathroom 2 Sqft: 22
Appliances
- Water heater
- Range
- Dishwasher
- Refrigerator
- Washer
- Dryer
- Laundry Features: In Basement, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Living Room
- Heating Features: Forced Air, Oil
- Heating: Yes
- Number of Fireplaces: 1
Kitchen and Dining
- Dining Room Dimensions: 10.916666666' x 9.416666666'
- Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Lighting - Overhead
- Dining Room Level: Main,First
- Dining Room Sqft: 103
- Kitchen Dimensions: 17.083333333' x 11.25'
- Kitchen Features: Flooring - Hardwood,Window(s) - Bay/Bow/Box,Recessed Lighting
- Kitchen Level: Main,First
- Kitchen Sqft: 192
Interior Features
- Flooring: Tile, Carpet, Hardwood
Exterior and Lot Features
- Fenced yard
- Fencing: Fenced
- Road Frontage Type: Public
Schools
- 5
J Henry Higgins Middle School
middle · 6-8 · 1.0 mi
- 3
Peabody Veterans Memorial High School
high · 9-12 · 2.7 mi
- 7
South Memorial Elementary School
elementary · K-5 · 0.3 mi
St John The Baptist School
elementary · K-8 · 1.2 mi
- 5
Captain Samuel Brown Elementary School
elementary · K-5 · 0.4 mi
- 4
William A Welch Elementary School
elementary · K-5 · 0.9 mi
Price history
- Nov 4, 2026 · Listed$628,500
- Jul 24, 1998 · Sold$179,000
Tax history
- 2026$5,230 tax · $552,300 assessed
- 2025$4,754 tax · $513,400 assessed
- 2024$4,463 tax · $489,400 assessed
- 2022$4,145 tax · $455,300 assessed
- 2021$3,895 tax · $371,300 assessed
- 2020$3,877 tax · $361,000 assessed
- 2019$3,801 tax · $345,200 assessed
- 2018$3,688 tax · $321,800 assessed
Home value
$625,000
- Cotality$625,000
- Quantarium$635,873
- Collateral Analytics$559,000
Where it is
Listed by Denise Mccarthy · Coldwell Banker Realty - Andovers Readings Regional · MLSPIN
