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Peabody 01960 Proctor
1 Joseph Ave
$435,000
● House - Off Market

1 Joseph Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,994 Ft²
$655,473
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

LOCATION, LOCATION, LOCATION.SO MUCH POTENTIAL.Build some sweat equity in this oversized split level home in desirable neighborhood on a beautiful corner lot. Features fireplaced living/dining combo with hardwood floors open to sunroom with cathedral ceilings and exposed beams leading to deck and level private yard.Full, eat in kitchen,3  Generous bedrooms , all with hardwood and with ample closets and private master bath. Lower level family room with 2nd fireplace and half bath, perfect for au-pair or teen suite and offers plenty of room for expansion.. Oversized 2 car garage. Heating system and windows have been updated. Needs some tlc but worth the investment.
Unit Size
1,994 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$211
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1960

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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 months ago (MLSPIN #72215970)

Price History

Date / Event Date Event Price
Oct 20, 2017 Sold
Premium
Sold
Aug 18, 2017 Listed by J. Barrett & Company $419,900
Listed by J. Barrett & Company
Sep 29, 1995 Sold
Premium
Sold
Jun 16, 1995 Listed by J. Barrett & Company $196,500
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1980
  • 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: 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: 336
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,199
  • Total Building Area: 1,994
  • Gross Building Area: 1,994
  • Building Area: 1,994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,994
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 6692
  • Parcel: PEAB M:0059 B:0073
  • Block: 73
  • Municipality: PEABODY
  • Latitude: 42.5352
  • Longitude: -70.9777

    Address

  • Full Address: 1 Joseph Ave
  • Address - House Number: 1
  • Address - Street Name: Joseph
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2605
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,700

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 733,071
  • High Value: 860,250
  • Low Value: 605,892

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $630,200
  • Assessed Land Value: $311,100
  • Assessed Improvements Value: $319,100

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171020001580
  • Previous Sale Recording Date: Sep 29, 1995
  • Previous Sale Amount: $189,000
  • 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 Proctor

Stats & Trends

Median Asking:

$592,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1790 ft²

Average Home Age

67.8 years

Currently For Sale

21 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: 5 months ago
Data Source: MLS PIN, MLS# 72215970

Frequently Asked Questions

When was property at 1 Joseph Avenue built and last sold?
The property at 1 Joseph Avenue was built in 1960 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 1 Joseph Avenue is $435,398.
What are some comparable homes to 1 Joseph Avenue?
There are currently no comparable homes to 1 Joseph Avenue.
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