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Peabody 01960 South Peabody
1 Mayfair Rd
Photo of 1 Mayfair Rd
Sold on Jun 12, 2025

33

Map

Photo of 1 Mayfair Rd
Photo of 1 Mayfair Rd
$604,000
● House - Off Market

1 Mayfair Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,312 Ft²
$2,933
Est. Monthly
6.51%
Cap Rate

About This Property

Set on a quiet corner lot, this 3-bed ranch offers the perfect blend of comfort, character, and versatility. Inside, enjoy easy single-level living and a finished lower level ideal for movie nights, a playroom, or guest space-plus an unfinished section ready for a workshop, home gym, or storage. Step outside to a generous fenced yard framed by mature trees, a sunny side deck, and beautifully landscaped grounds that wrap the home with charm. So much potential to add your own touch. Tucked away on a peaceful dead-end street, it's a place to make your own.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$396
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1980

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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: 2 years ago (MLSPIN #73372111)

Price History

Date / Event Date Event Price
Jun 12, 2025 Sold
Premium
Sold
May 13, 2025 In contract -
In contract
May 8, 2025 Listed $519,000
Listed
Jan 1, 1984 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,675
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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

  • Account Number: 13540
  • Parcel: PEAB M:0107 B:0147
  • Block: 147
  • Municipality: PEABODY
  • Latitude: 42.5093
  • Longitude: -70.9637

    Address

  • Full Address: 1 Mayfair Rd
  • Address - House Number: 1
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6234
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,100

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 588,919
  • High Value: 696,769
  • Low Value: 481,069

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,600
  • Assessed Land Value: $240,400
  • Assessed Improvements Value: $254,200

    Sales

  • Current Sale Recording Date: Jan 01, 1984
  • Current Sale Price:
    Premium
  • Current 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2112 ft²

Average Home Age

75.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73372111

Frequently Asked Questions

When was property at 1 Mayfair Road built and last sold?
The property at 1 Mayfair Road was built in 1980 and last sold on Jan 1, 1970 for $68,900.
How much is this home worth?
The estimated value of the home located at 1 Mayfair Road is $0.
What are some comparable homes to 1 Mayfair Road?
There are currently no comparable homes to 1 Mayfair Road.
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