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Peabody 01960 South Peabody
1 Bay State Blvd
$340,000
● House - Off Market

1 Bay State Blvd

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$521,697
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Come see this warm and inviting home with quick highway access! Only 12 Miles from Boston, this home is great for commuters! This Cape offers 2 bedrooms, fenced in backyard and lots of room for storage. Still looking for more space? There is a finished bonus room in the attic! All the major updates have been done. The composite back deck is maintenance free and offers plenty of opportunity for exterior entertaining with additional storage underneath. This move-in-ready home is ready to be yours!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$312
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1947

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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 #72444389)

Price History

Date / Event Date Event Price
Mar 1, 2019 Sold
Premium
Sold
Jan 22, 2019 Listed by ERA Key Realty Services - Worcester $359,900
Listed by ERA Key Realty Services - Worcester

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • 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: 3,751
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • 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: 14039
  • Parcel: PEAB M:0109 B:0054
  • Block: 54
  • Municipality: PEABODY
  • Latitude: 42.5102
  • Longitude: -70.9496

    Address

  • Full Address: 1 Bay State Blvd
  • Address - House Number: 1
  • Address - Street Name: Bay State
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 6301
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 598,105
  • High Value: 692,579
  • Low Value: 503,632

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,400
  • Assessed Land Value: $210,500
  • Assessed Improvements Value: $255,900

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190301004490
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

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2130 ft²

Average Home Age

79.5 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# 72444389

Frequently Asked Questions

When was property at 1 Bay State Boulevard built and last sold?
The property at 1 Bay State Boulevard was built in 1947 and last sold on Feb 21, 2019 for $340,000.
How much is this home worth?
The estimated value of the home located at 1 Bay State Boulevard is $369,739.
What are some comparable homes to 1 Bay State Boulevard?
There are currently no comparable homes to 1 Bay State Boulevard.
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