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Peabody 01960 South Peabody
1 Manuel Drive
$637,000
● House - Off Market

1 Manuel Drive

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$909,312
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION! Boulderwood Subdivision. 4 Bed 2.5 Bath, 2 Car Garage,Master Bed w/ walk in Closet and Master Bath. Kitchen w/ Schrock Maple Cabinets and Granite Counter tops,SS Appliances included, Red Oak Hardwood Floors, Central Air, Close Proximity to Major Routes . NEW STREET Not on Google maps.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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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 #72452678)

Price History

Date / Event Date Event Price
Apr 16, 2019 Sold
Premium
Sold
Feb 13, 2019 Listed by Solimine Real Estate $630,000
Listed by Solimine Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • 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: 11,151
  • Total Building Area: 2,464
  • Gross Building Area: 2,464
  • Building Area: 2,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • 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:0119 B:0071
  • Block: 71
  • Municipality: PEABODY
  • Latitude: 42.5045
  • Longitude: -70.9706

    Address

  • Full Address: 1 Manuel Dr
  • Address - House Number: 1
  • Address - Street Name: Manuel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 0040
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $703,900

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 861,434
  • High Value: 1,010,235
  • Low Value: 712,633

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $771,800
  • Assessed Land Value: $302,400
  • Assessed Improvements Value: $469,400

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190416000020
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

47

Average Home Size

2281 ft²

Average Home Age

69.8 years

Currently For Sale

14 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# 72452678

Frequently Asked Questions

When was property at 1 Manuel Drive built and last sold?
The property at 1 Manuel Drive was built in 2018 and last sold on Apr 12, 2019 for $637,000.
How much is this home worth?
The estimated value of the home located at 1 Manuel Drive is $650,127.
What are some comparable homes to 1 Manuel Drive?
There are currently no comparable homes to 1 Manuel Drive.
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