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Peabody 01960 South Peabody
1 Gedney Dr
$777,777
● House - Off Market

1 Gedney Dr

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,128 Ft²
$773,365
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

3 Bedroom 2.5 Bath Meticulously Maintained 2014 Built Colonial with Many Upgrades. Kitchen with Schrock Cabinets, Granite Countertops, SS Appliances and In Ceiling Speakers. Living Room wired for Surround Sound and TV Mounts to Stay. Master Bed with Master Bath and Large Walk in Closet.Custom California Closets in All Bedrooms. Unfinished Walk Up Attic Space with Provisions Ready to Make for Additional Living Space. Professionally Installed Home Security System with Cameras. Patio/Deck with Outdoor Fireplace and Outdoor Speakers. 2 Car Heated Garage. Whole House Water Softener System and Water Filter. Additional Partially Finished Basement Area.Close Proximity to Major Routes. All offers to be reviewed on 6/16/2021 at 7pm
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$317
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
2014

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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: 5 years ago (MLSPIN #72846211)

Price History

Date / Event Date Event Price
Jul 14, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Century 21 North East $675,000
Listed by Century 21 North East

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 10,454
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: R1

Geography

  • Parcel: PEAB M:0114 B:0123
  • Block: 123
  • Municipality: PEABODY
  • Latitude: 42.5069
  • Longitude: -70.966

    Address

  • Full Address: 1 Gedney Dr
  • Address - House Number: 1
  • Address - Street Name: Gedney
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 4514
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $674,300

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 875,047
  • High Value: 1,013,781
  • Low Value: 736,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $739,400
  • Assessed Land Value: $299,400
  • Assessed Improvements Value: $440,000

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210714004740
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

47

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72846211

Frequently Asked Questions

When was property at 1 Gedney Drive built and last sold?
The property at 1 Gedney Drive was built in 2014 and last sold on Jul 14, 2021 for $777,777.
How much is this home worth?
The estimated value of the home located at 1 Gedney Drive is $694,892.
What are some comparable homes to 1 Gedney Drive?
There are currently no comparable homes to 1 Gedney Drive.
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