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Peabody 01960 South Peabody
1 Arnold Road
$375,000
● House - Off Market

1 Arnold Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,974 Ft²
$638,839
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

Expanded & updated Cape in South Peabody is just what you're looking for! This warm & inviting home has a great layout! 4 Beds, 2 NEW FULL Baths, large deck off BIG, sunsplashed Family Room with gas stove. Two bonus rooms in the nicely finished basement! Large, level, fenced in yard with sprinkler system and newer storage shed. Lots of hardwood floors on first floor. This home is in move in condition! Convenient to Routes 1 & 128, this lovely home is positioned to move quickly! All showings deferred until open house on Sunday March 23rd from 11-1pm. All offers to be submitted by Monday March 24th and reviewed by the sellers on Tuesday the 25th.
Unit Size
1,974 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$177
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71647220)

Price History

Date / Event Date Event Price
Apr 30, 2014 Sold
Premium
Sold
Mar 19, 2014 Listed by RE/MAX Leading Edge $349,900
Listed by RE/MAX Leading Edge
Nov 4, 2011 Sold
Premium
Sold
Sep 13, 2011 Listed by eXp Realty $329,900
Listed by eXp Realty
Move in condition, Beautiful South Peabody Four Bedroom Cape. Large First Floor Family Room, Nice Fenced Back Yard, Many Up Grades, Newer Roof, Windows, And Electric Panel. Great Location!
May 26, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,257
  • Total Building Area: 1,974
  • Gross Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NATHAN GASS
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 12352
  • Parcel: PEAB M:0101 B:0047
  • Block: 47
  • Municipality: PEABODY
  • Latitude: 42.5139
  • Longitude: -70.9519

    Address

  • Full Address: 1 Arnold Rd
  • Address - House Number: 1
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 5203
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,500

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 727,222
  • High Value: 883,287
  • Low Value: 571,158

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,800
  • Assessed Land Value: $237,200
  • Assessed Improvements Value: $391,600

    Sales

  • Current Sale Recording Date: Jan 21, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 326
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2212 ft²

Average Home Age

70.1 years

Currently For Sale

15 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71647220

Frequently Asked Questions

When was property at 1 Arnold Road built and last sold?
The property at 1 Arnold Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Arnold Road is $372,625.
What are some comparable homes to 1 Arnold Road?
There are currently no comparable homes to 1 Arnold Road.
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