Penelope 120 Apartments

Q: Is Penelope 120 Apartments in a walkable area?

Penelope 120 Apartments has a walk score of 70. Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

Q: Are there photos of Penelope 120 Apartments?

Yes — there are 3 photos of Penelope 120 Apartments in the photo gallery on this page.

Q: What is the address of Penelope 120 Apartments?

Penelope 120 Apartments is located at 98 Central Street, Peabody, MA 01960.

Q: What is the phone number of Penelope 120 Apartments?

(978) 531-5883 will put you in contact with the team at Penelope 120 Apartments.

Q: Is Penelope 120 Apartments Medicare or Medicaid certified?

Penelope 120 Apartments is not currently listed as a CMS-certified provider of Medicare or Medicaid.

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.

(978) 531-5883

Types of Care at Penelope 120 Apartments

Independent Living

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?

Room Sizes: 540 sq. ft

Housing Options: 1 Bed

Building Type: 3-story

Social and Recreational Activities

Exercise Programs

0.5 miles from city center Estimated distance in miles from Peabody's city center to Penelope 120 Apartments's address, calculated via Google Maps.

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Home Care Program

MassHealth Home Care

Age 60+

General Massachusetts resident, at risk of nursing home placement.

Income Limits (2025) ~$1,500/month individual, varies by region

Asset Limits $2,000 individual, excludes home, car

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

Benefits

In-home care (3-5 hours/day) Homemaker services Respite care (up to 14 days/year) Adult day care (~$75/day)

Frail Elder Waiver

Massachusetts Medicaid FE Waiver

Age 65+

General Massachusetts resident, Medicaid-eligible, nursing home-level care need.

Income Limits (2025) ~$2,829/month 300% FBR, individual

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

Requires clinical eligibility determination.

Benefits

Personal care (5-7 hours/day) Respite care (240 hours/year) Adult day care (~$75/day) Home health services

Senior Care Options (SCO)

Massachusetts Senior Care Options

Age 65+

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

Income Limits (2025) ~$2,829/month (300% FBR, individual); QIT allowed.

Asset Limits $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).

Benefits

Personal care (5-7 hours/day) Medical care Respite (240 hours/year) Adult

Medicare Savings Program (MSP)

Massachusetts Medicare Savings Program (MassHealth Buy-In)

Age 65+ or disabled

General Massachusetts resident, Medicare Part A/B.

Income Limits (2025) ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

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

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

Benefits

Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

National Family Caregiver Support Program (NFCSP) Respite

Massachusetts NFCSP Respite Care

Age —

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

Income Limits (2025) Prioritizes ~$24,980/year (individual); no strict cap.

Asset Limits Not assessed; need-based.

27 ASAPs; prioritizes low-income, rural caregivers.

Benefits

Respite (4-6 hours/week or 5 days/year) Adult day care ($60/day) Caregiver training Supplies (~$500/year)

Prescription Advantage

Massachusetts Prescription Advantage

Age 65+ or disabled

General Massachusetts resident, enrolled in Medicare Part D (or ineligible for Medicare).

Income Limits (2025) No strict limit; copays vary by income ~$24,980-$75,000/year individual

Asset Limits Not assessed.

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

Benefits

Covers prescription copays ($5-$40/drug) Fills coverage gaps Catastrophic cost protection ($4,000+ covered)

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

Massachusetts VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse

General Massachusetts resident, wartime service, need for ADL help (A&A) or homebound.

Income Limits (2025) Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

Asset Limits ~$155,356 net worth limit

High veteran demand statewide.

Benefits

Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living)

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Is Penelope 120 Apartments in a walkable area?

Penelope 120 Apartments has a walk score of 70. Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

Are there photos of Penelope 120 Apartments?

Yes — there are 3 photos of Penelope 120 Apartments in the photo gallery on this page.

What is the address of Penelope 120 Apartments?

Penelope 120 Apartments is located at 98 Central Street, Peabody, MA 01960.

What is the phone number of Penelope 120 Apartments?

(978) 531-5883 will put you in contact with the team at Penelope 120 Apartments.

Is Penelope 120 Apartments Medicare or Medicaid certified?

Penelope 120 Apartments is not currently listed as a CMS-certified provider of Medicare or Medicaid.

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