11 Rainbow Circle, Peabody MA 01960

Peabody, MA 01960 • South Peabody
$628,500
Est. $3,814/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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3
Beds
1.5
Baths
1,296
Sq Ft
$485
Price/Sq Ft
0.14
Acres
1952
Year Built
1
Garage Space
New today
Time on Market
For Sale Open House Listed Nov 4, 2026 • MLS# 73598908 Copied! • Updated Nov 4, 2026

Track this home for price, status, and open-house alerts.

Open House Schedule

07
Nov
Saturday, November 7
11:30 AM - 1:00 PM EST
08
Nov
Sunday, November 8
11:30 AM - 1:00 PM EST

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!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 4, 2026
$628,500
Original listing
Agent: Denise McCarthy Office: Coldwell Banker Realty - Andovers/Readings Regional

Tax History

Year Taxes Assessment
2026 $5,230 $552,300

Financial Details

Annual Property Tax
$5,230
Tax Year 2026
Assessed Value
$552,300

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1952
Living Area 1,296 sq ft
Lot Size 0.14 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Oil
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Partially Finished
Laundry In Basement, Washer Hookup
Features None

Exterior

Construction None
Architecture Cape
Roof Shingle
Features Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Carport, Workshop In Garage, Paved Drive, Paved
Total Spaces 5
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, Washer Hookup
Annual Tax $5,230
Assessed Value $552,300
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Recording Devices On And In Property. Water Tank Installed 9/12. Furnace Is Older: Exact Age Unknown. Buyers And Agents Perform Their Own Due Diligence. Some Photos Are Virtually Staged.
Possession None
Accepted Financing Contract
Structure Type []
House Color White
Sq Ft Source Measured
Sq Ft Disclosures Room measurements are approximate.
Documents None
County Essex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1952
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,296 sq ft
Total Rooms
6
Main Level Bedrooms
1

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Partially Finished
Laundry: In Basement, Washer Hookup
Security:

Construction & Materials

Style: Cape
Year Built: 1952
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Block

Utilities & Systems

Heating: Forced Air, Oil
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Fenced Yard
Patio & Porch:
Fencing: Fenced
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Detached, Carport, Workshop in Garage, Paved Drive, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, Public School
School District
Peabody School District local
C-
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

10 schools
Covenant Christian Academy
3.7 mi
Grades PK-12
The Recreational Education Center, LLC
3.7 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
5.0 mi | #345 of 346 | Score: 14.4
Improved 33 spots from last year
-43.8 below state avg
117 students Diverse
Rising School Diverse Student Body
Grades K-12
B+
South Memorial School
0.4 mi | #271 of 825 | Score: 51.7
Improved 234 spots from last year
-6.5 below state avg
446 students Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
0.4 mi | #493 of 825 | Score: 44.9
Improved 28 spots from last year
-13.3 below state avg
375 students Diverse
Rising School
Grades K-05
C
William A Welch Sr School
0.9 mi | #661 of 825 | Score: 37.8
Improved 129 spots from last year
-20.4 below state avg
400 students Diverse
Rising School
Grades K-05
C-
Center School
1.3 mi | #687 of 825 | Score: 36.5
Dropped 307 spots from last year
-21.7 below state avg
281 students Diverse
Diverse Student Body
Grades PK-05
C
Thomas Carroll School
2.0 mi | #605 of 825 | Score: 40.6
Improved 134 spots from last year
-17.6 below state avg
562 students Diverse
Rising School Diverse Student Body
Grades PK-05
C
John E. McCarthy School
3.5 mi | #614 of 825 | Score: 39.9
Dropped 36 spots from last year
-18.3 below state avg
323 students Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
4.3 mi | #303 of 825 | Score: 50.7
Improved 163 spots from last year
-7.5 below state avg
283 students Moderate
Rising School
Grades PK-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
1.0 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
H

High Schools

2 schools
Bishop Fenwick High School
2.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
C
Peabody Veterans Memorial High School
2.8 mi | #259 of 346 | Score: 46.4
Same rank as last year
-11.8 below state avg
1,234 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $436
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

South Peabody

11 Rainbow Circle, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Denise McCarthy
Listing Office Coldwell Banker Realty - Andovers/Readings Regional
Office Phone 978-475-2201
Agent MLS ID CN229215
Office MLS ID AN8827
Listing Data Updated Nov 4, 2026 7:13 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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