Penelope 120 Apartments

Senior Living Home
Overview of Penelope 120 Apartments

Enjoy a vibrant lifestyle at Penelope 120 Apartments, an exceptional community in Peabody, MA, offering independent living. Alongside beautifully furnished one-bedroom floor plans, plenty of convenient apartment features are provided for residents’ comfort and safety. On-site maintenance and management are also available, ensuring residents have more time to do the things they love.

With a variety of recreational spaces and wellness opportunities, residents are encouraged to live actively and maintain social connections. A fully equipped kitchen is also provided in each unit, allowing residents to prepare meals that best suit their tastes and dietary needs. Amenities include a library, a fitness center, an arts and crafts room, a game room, and well-maintained grounds, creating the perfect setting for residents to experience a laid-back retirement.

(857) 557-6227
Walk Score
Walk Score: 70 / 100
Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

What does this home offer?

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Room sizes icon

Room Sizes: 540 sq. ft

Housing options icon
Housing options icon

Housing Options: 1 Bed

Building type icon
Building type icon

Building Type: 3-story

Social and recreational activities icon
Social and recreational activities icon

Social and Recreational Activities

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Exercise program icon

Exercise Programs

Types of Care at Penelope 120 Apartments

Independent Living
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Compare Senior Living around Peabody

The information below is reported by the Massachusetts Executive Office of Elder Affairs and Department of Public Health.
Penelope 120 Apartments
IL

Independent Living For self-sufficient seniors seeking community and minimal assistance.

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No
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Independent Living For self-sufficient seniors seeking community and minimal assistance.

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$33,359,824.00
232.2%
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4/5
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2/5
5/5
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1
+31%
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Independent Living For self-sufficient seniors seeking community and minimal assistance.

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Yes
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Independent Living For self-sufficient seniors seeking community and minimal assistance.

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Independent Living For self-sufficient seniors seeking community and minimal assistance.

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-
-
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-
-
-
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-
-
-
-
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Private Rooms

Places of interest near Penelope 120 Apartments

Address 0.5 miles from city center

Address 98 Central Street, Peabody, MA 01960

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Guides for Better Senior Living

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Financial Aid for Massachusetts Seniors

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Home Care Program

MassHealth Home Care

Age 60+, Massachusetts resident, at risk of nursing home placement.

~$1,500/month (individual, varies by region).

$2,000 (individual, excludes home, car).

Coordinated through Aging Services Access Points (ASAPs); high demand in urban areas.

Frail Elder Waiver

Massachusetts Medicaid FE Waiver

Age 65+, Massachusetts resident, Medicaid-eligible, nursing home-level care need.

~$2,829/month (300% FBR, individual).

$2,000 (individual), $3,000 (couple).

Requires clinical eligibility determination.

Senior Care Options (SCO)

Massachusetts Senior Care Options

Age 65+, Massachusetts resident, eligible for MassHealth (Medicare optional), nursing home-level care need.

~$2,829/month (300% FBR, individual); QIT allowed.

$2,000 (individual), $3,000 (couple) (excludes home up to $713,000, car).

Not available in Dukes/Nantucket Counties; multiple SCO providers (e.g., CCA, Tufts).

Medicare Savings Program (MSP)

Massachusetts Medicare Savings Program (MassHealth Buy-In)

Age 65+ or disabled, Massachusetts resident, Medicare Part A/B.

~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

$9,430 (individual), $14,130 (couple).

Three tiers; no waitlist; includes Extra Help for Part D.

National Family Caregiver Support Program (NFCSP) Respite

Massachusetts NFCSP Respite Care

Caregivers of 60+ needing care or 55+ caregivers of others; Massachusetts resident; functional needs (2+ ADLs).

Prioritizes ~$24,980/year (individual); no strict cap.

Not assessed; need-based.

27 ASAPs; prioritizes low-income, rural caregivers.

Prescription Advantage

Massachusetts Prescription Advantage

Age 65+ or disabled, Massachusetts resident, enrolled in Medicare Part D (or ineligible for Medicare).

No strict limit; copays vary by income (~$24,980-$75,000/year individual).

Not assessed.

Supplements Medicare Part D; no enrollment fee for low-income.

Senior Community Service Employment Program (SCSEP)

Massachusetts SCSEP

Age 55+, unemployed, low-income, Massachusetts resident.

~$1,983/month (125% FPL).

Not specified; income-focused.

Priority for veterans, rural residents; AARP partnership.

VA Aid and Attendance (A&A) and Housebound Benefits

Massachusetts VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse, Massachusetts resident, wartime service, need for ADL help (A&A) or homebound.

Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

~$155,356 (net worth limit).

High veteran demand statewide.

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