1 Drake WayUnit 7Peabody, MA 01960
residentialCondominiumComplete building characteristics, construction details, and site data from municipal assessor records and supplementary sources.
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1 Drake Way Unit 7 is a Condominium located in Peabody, Essex County, MA.
1 Drake Way Unit 7 is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The FEMA National Risk Index composite rating for this area is Relatively Moderate. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).
NE Provenance rates the fire protection for 1 Drake Way Unit 7 at Grade B (Strong fire protection access). The nearest fire station, PEABODY FIRE DEPARTMENT, is 0.3 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.
Municipal records show 8 building permits on file for 1 Drake Way Unit 7. The most recent permit was filed December 15, 2025. In the past five years, 8 permits have been issued.
1 Drake Way Unit 7 is classified as a waterfront property. Dam exposure is rated Low.
1 Drake Way Unit 7 is located in Peabody, Essex County, MA. The property is zoned R-4 (Multi-Family Residence). The median home value in this census tract is $422,400. The owner-occupancy rate in the surrounding area is 45%. The property is served by the Peabody school district.
The complete NE Provenance report for 1 Drake Way Unit 7, Peabody, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.