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Peabody 01960 South Peabody
1 Demoree Terrace
Photo of 1 Demoree Terrace
Sold on Dec 11, 2009

1

Map

$392,000
● House - Off Market

1 Demoree Terrace

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$845,308
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

NO HOME SALE CONTINGENCYS ACCEPTED . Exquisite designer landscape sets the stage for this striking home !! Stylish fresh interior tastefully updated from top to bottom inside & out, New windows, roof, heat, Kitchen & Baths..Simply place your furniture and your done  !! gleaming hardwood floors,central A/C & Vac, extra large 21ft master suite, lower level ideal for extended family or teen suite with full bath, dining area,bedroom and fireplaced family room. Quiet dead end
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$192
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70978195)

Price History

Date / Event Date Event Price
Dec 11, 2009 Sold
Premium
Sold
Sep 21, 2009 Listed $404,000
Listed
Mar 20, 2001 Sold
Premium
Sold
Aug 17, 1999 Sold
Premium
Sold
Jul 12, 1999 Listed $269,900
Listed
EXCEPTAL 8 ROOM SPLIT LOADED WITH IMPRPOVEMENTS. THIS IS A MINT MOVE IN CONDITION HOME WITH IN LAW POTENTIAL. QUALITY THRU OUT,SUPER LOCATION, PRIVATE LEVEL LOT ABUTTING CONSERVATION LAND. WONT LAST! PRE APPROVALS WITH ALL OFFERS.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 700
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000230
  • 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: 210402

Zoning

  • Zoning: R1B

Geography

  • Account Number: 13192
  • Parcel: PEAB M:0105 B:0026
  • Block: 26
  • Municipality: PEABODY
  • Latitude: 42.5136
  • Longitude: -70.9878

    Address

  • Full Address: 1 Demoree Ter
  • Address - House Number: 1
  • Address - Street Name: Demoree
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C002
  • 4-Digit Zip Code: 4803
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,200

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 809,968
  • High Value: 946,804
  • Low Value: 673,132

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,000
  • Assessed Land Value: $244,500
  • Assessed Improvements Value: $446,500

    Sales

  • Current Sale Recording Date: Dec 11, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 20, 2001
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 27
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# 70978195

Frequently Asked Questions

When was property at 1 Demoree Terrace built and last sold?
The property at 1 Demoree Terrace was built in 1965 and last sold on Jan 1, 1970 for $392,500.
How much is this home worth?
The estimated value of the home located at 1 Demoree Terrace is $428,186.
What are some comparable homes to 1 Demoree Terrace?
There are currently no comparable homes to 1 Demoree Terrace.
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