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Peabody 01960 West Peabody
1 Glen Drive
Photo of 1 Glen Drive
Sold on Jun 28, 2007

1

Map

$397,000
● House - Off Market

1 Glen Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$782,622
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

W. Peabody Pristine 8 room Split entry home located on the Middleton/Lynnfield line.  This home shows "move in".  Plenty of new lighting and Hrdwd floors throughout,  central air, security, oversized garage and a gorgeous level lot that abutts treelined woods.  Dont miss the large 4 season sun/pleasure room with cathedral ceilings and an attached wrap around deck.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$262
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1962

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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 #70461508)

Price History

Date / Event Date Event Price
Jun 28, 2007 Sold
Premium
Sold
Sep 20, 2006 Listed $419,900
Listed
Nov 17, 2003 Sold
Premium
Sold
Sep 25, 2003 Listed $407,500
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 192
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,581
  • Total Building Area: 1,564
  • Gross Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000404
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1279
  • Parcel: PEAB M:0005 B:0017
  • Block: 17
  • Municipality: PEABODY
  • Latitude: 42.5643
  • Longitude: -71.0126

    Address

  • Full Address: 1 Glen Dr
  • Address - House Number: 1
  • Address - Street Name: Glen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C027
  • 4-Digit Zip Code: 1005
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 719,400
  • High Value: 841,103
  • Low Value: 597,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,100
  • Assessed Land Value: $321,200
  • Assessed Improvements Value: $322,900

    Sales

  • Current Sale Recording Date: Jun 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 17, 2003
  • Previous Sale Amount: $408,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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# 70461508

Frequently Asked Questions

When was property at 1 Glen Drive built and last sold?
The property at 1 Glen Drive was built in 1962 and last sold on Jan 1, 1970 for $397,000.
How much is this home worth?
The estimated value of the home located at 1 Glen Drive is $426,865.
What are some comparable homes to 1 Glen Drive?
There are currently no comparable homes to 1 Glen Drive.
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