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Peabody 01960 Proctor
1 Karelitz Road
$425,000
● House - Off Market

1 Karelitz Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$802,867
RealtyHop Estimate
84.61%
Since Dec 1, 2004
MA-Boston
Primary Model

About This Property

CLASSIC C.E. COLONIAL. HARDWOOD THROUGHOUT EAT IN KITCHEN. FRONT TO BACK LIVING ROOM W/FIREPLACE. SCREEN PORCH. ACCESSORY BUILDING IS FINISHED AND HEATED. PRIVATE OVERSIZED LOT. DEAD END STREET. 24 HOUR NOTICE.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$266
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1972

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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 #70091784)

Price History

Date / Event Date Event Price
Jul 29, 2005 Sold
Premium
Sold
Nov 12, 2004 Sold
Premium
Sold
Sep 15, 2004 Listed by Sara Fishbane Real Estate $434,900
Listed by Sara Fishbane Real Estate

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 280
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 5,057
  • Total Building Area: 1,805
  • Gross Building Area: 1,805
  • Building Area: 1,805
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,805
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: R2

Geography

  • Account Number: 7064
  • Parcel: PEAB M:0062 B:0013-A
  • Block: 13-A
  • Municipality: PEABODY
  • Latitude: 42.5333
  • Longitude: -70.9472

    Address

  • Full Address: 1 Karelitz Rd
  • Address - House Number: 1
  • Address - Street Name: Karelitz
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C032
  • 4-Digit Zip Code: 4002
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $475,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 664,206
  • High Value: 776,571
  • Low Value: 551,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,700
  • Assessed Land Value: $220,500
  • Assessed Improvements Value: $301,200

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180928002640
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Amount: $365,000
  • 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:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

78.7 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 70091784

Frequently Asked Questions

When was property at 1 Karelitz Road built and last sold?
The property at 1 Karelitz Road was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Karelitz Road is $444,064.
What are some comparable homes to 1 Karelitz Road?
There are currently no comparable homes to 1 Karelitz Road.
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